01C0334 -

This IDC contract for Industrial Products & Machinery > Industrial Products & Services, Business Admin Services, Facility Related Services > Facilities Maintenance, Facility Related Services > Utilities, Records Management > Professional Services, IT Security Hardware, Detection & Coherent Radiation Equipment > Information Technology, Public Relations and Professional Communications Services, IT Outsourcing, Facility/Physical Security > Security and Protection, Training Aids & Devices, Aerospace & Defense > Equipment Related Services, Furniture, IT Hardware, Telecommunications, Electrical & Electronics Equipment > Electronic & Communication Equipment, Construction Related Equipment > Industrial Products & Services, Science/Engineering > Professional Services, Communications Equipment, Electrical & Electronics Equipment > Electronic & Communication Services, Office Products & Services, IT/Cyber Security, IT Software, Equipment Maintenance, Aerospace & Defense > Weapons & Ammunition was awarded in FY2003 on Nov 15, 2002 to VERIZON WIRELESS INC by . There have been $95.2M in obligations to date with a ceiling value of $95.2M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 1 year duration with ultimate completion date of Nov 14, 2003.

VERIZON WIRELESS INC is a contractor located in NJ, doing primarily Financial services work for General Services Administration. Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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