This FSS contract for Fire & Safety Equipment > Safety Equipment, Kitchen Equipment, Materials and Services, Equipment Maintenance, IT Software, Logistics Equipment > Industrial Products & Services, Facilities Purchase & Lease, IT Outsourcing, Electrical & Electronics Equipment > Electronic & Communication Equipment, Acquisition Support, Telecommunications, Detection & Coherent Radiation Equipment > Electronic & Communication Services, Construction Related Materials > Facilities & Construction, Science/Engineering > Professional Services, Medical Equipment & Supplies > Medical Supplies/Equipment, Business Admin Services, Communications Equipment, Electrical & Electronics Equipment > Electronic & Communication Services, IT Consulting, Industrial Products & Machinery > Industrial Products & Services, IT/Cyber Security, Training Aids & Devices, Navigation & Communications Equipment, Education/Training > Human Capital, Records Management > Digitization, Logistics > Transportation and Logistics Services, Security Guard/Protection Services, IT Hardware, Program Management, Office Products & Services, Facility Related Services > Facilities Maintenance, Translation & Interpretation, Healthcare > Medical Practitioners, Consumer Products > Miscellaneous S&E, Facility Related Services > Utilities, Facility Operations, Environmental > Conservation, Public Relations and Professional Communications Services, Consumer Products > Electronic & Communication Equipment, IT Security Hardware, Detection & Coherent Radiation Equipment > Information Technology, Automotive Parts & Products > Sustainment S&E, Records Management > Professional Services, Printed/Published Media, Aerospace & Defense > Research and Development, Hardware & Tools, International Affairs, Facility/Physical Security > Security and Protection, Subsistence, Package Delivery & Packaging > Transportation and Logistics Services, Test & Measurement Supplies, Construction Related Equipment > Industrial Products & Services was awarded in FY2004 on November 26, 2003 to Verizon by . There have been $1.3B in obligations to date with a ceiling value of $7B, showing a 19% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 20 year duration with ultimate completion date of December 02, 2023.
Verizon is a contractor located in NY, doing primarily IT Outsourcing work for Army. The company receives $1.3B annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The General Services Administration (GSA), the central acquisition entity within the Federal Government, manages a catalog of Multiple Award Schedules (MAS). The GSA uses MAS to establish lines of business or cohorts of contractors grouped by similar goods and services. Schedules are open to all government customers and provide a streamlined process to procure various professional services, IT services, and products, ranging from cars to hardware.
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