This GWAC contract for Communications Equipment, IT Hardware, Business Admin Services, IT Security Hardware, Consumer Products > Miscellaneous S&E, Acquisition Support, Public Relations and Professional Communications Services, Education/Training > Human Capital, Electrical & Electronics Equipment > Electronic & Communication Equipment, Records Management > Digitization, Science/Engineering > Professional Services, Office Products & Services, Consumer Products > Electronic & Communication Equipment, IT Software, Program Management, Industrial Products & Machinery > Industrial Products & Services, Aerospace & Defense > Sustainment S&E, Electrical & Electronics Equipment > Electronic & Communication Services, Textiles, Clothing & Personal Accessories, Facility Related Materials, Facility/Physical Security > Security and Protection, Construction Related Equipment > Industrial Products & Services, Test & Measurement Supplies, Logistics > Professional Services, Telecommunications, IT Outsourcing, Hardware & Tools, IT Networking Hardware > Hardware was awarded in FY2015 on October 10, 2014 to FASTECH INC by Goddard Space Flight Center. There have been $262.2M in obligations to date with a ceiling value of $20B, showing a 1% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 232 offers received. We expect a 11 year duration with ultimate completion date of April 29, 2025.
FASTECH INC is a contractor located in MD, doing primarily Science/Engineering > Professional Services work for Interior. The company receives $93.5k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Government-wide Acquisition Contracts (GWAC) are awarded and managed by a limited number of Federal offices. The Federal Government granted the General Services Administration (GSA), National Institutes of Health (NIH), and NASA the authority to compete, award, and manage GWACs. Essentially awarded as Indefintive Delivery-Indefinite Quantity contract vehicles, GWACs are available to all Government agencies at a low fee to use, making them an attractive option to acquire IT products and services.
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