GS07F0181V - FEDERAL SUPPLY SCHEDULE CONTRACT

This FSS contract for Petro-Chemical Industries > Weapons & Ammunition, IT/Cyber Security, Ammunition & Explosives > Weapons & Ammunition, IT Hardware, Training Aids & Devices, Textiles, Clothing & Personal Accessories, Office Products & Services, Telecommunications, Fire & Safety Equipment > Safety Equipment, Industrial Products & Machinery > Industrial Products & Services was awarded in FY2009 on March 02, 2009 to VELOCITY SYSTEMS LLC by . There have been $9.6M in obligations to date with a ceiling value of $9.6M, showing a 100% 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 March 14, 2029.

VELOCITY SYSTEMS LLC is a contractor located in VA, doing primarily Textiles, Clothing & Personal Accessories work for Army. The company receives $3.4M 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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