Commerce Dept. Awards $4.3M to Verizon for Telecom Services, Ending May 2026

Contract Overview

Contract Amount: $4,342,460 ($4.3M)

Contractor: Verizon Business Network Services LLC

Awarding Agency: Department of Commerce

Start Date: 2021-09-15

End Date: 2026-05-31

Contract Duration: 1,719 days

Daily Burn Rate: $2.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: TELECOMMUNICATIONS SERVICES

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20230

State: District of Columbia Government Spending

Plain-Language Summary

Department of Commerce obligated $4.3 million to VERIZON BUSINESS NETWORK SERVICES LLC for work described as: TELECOMMUNICATIONS SERVICES Key points: 1. Significant contract value of $4.3M over nearly 3 years. 2. Verizon Business Network Services LLC is the sole awardee. 3. Contract type is Firm Fixed Price, indicating price certainty. 4. Awarded under full and open competition, suggesting market availability.

Value Assessment

Rating: good

The $4.3M award for telecommunications services appears reasonable given the contract duration and the provider's market position. Benchmarking against similar large-scale telecom contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically fosters competitive pricing. The use of a delivery order under a larger contract structure may influence price discovery.

Taxpayer Impact: Taxpayer funds are being used for essential telecommunications infrastructure, with competition aiming to ensure value for money.

Public Impact

Ensures critical communication infrastructure for the Department of Commerce. Supports ongoing operations and data transmission needs. Potential for service disruptions if provider fails to meet obligations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

Telecommunications services are vital for government operations, enabling communication and data transfer. Spending in this sector is generally consistent, with significant portions allocated to network infrastructure and service provision.

Small Business Impact

The awardee, Verizon Business Network Services LLC, is a large corporation, not a small business. There is no indication of small business participation in this specific award.

Oversight & Accountability

Oversight would involve monitoring service delivery against contract terms and ensuring compliance with federal regulations. The Department of Commerce's Office of the Secretary is responsible for this contract.

Related Government Programs

Risk Flags

Tags

wired-telecommunications-carriers, department-of-commerce, dc, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $4.3 million to VERIZON BUSINESS NETWORK SERVICES LLC. TELECOMMUNICATIONS SERVICES

Who is the contractor on this award?

The obligated recipient is VERIZON BUSINESS NETWORK SERVICES LLC.

Which agency awarded this contract?

Awarding agency: Department of Commerce (Office of the Secretary).

What is the total obligated amount?

The obligated amount is $4.3 million.

What is the period of performance?

Start: 2021-09-15. End: 2026-05-31.

What specific telecommunications services are included in this contract?

The provided data indicates 'Wired Telecommunications Carriers' (NAICS 517110) and 'TELECOMMUNICATIONS SERVICES' (Data). This typically encompasses services like broadband internet, dedicated data lines, voice over IP, and potentially private network solutions. Specific details would be found in the contract's statement of work.

How does the awarded price compare to market benchmarks for similar services?

Without detailed service specifications (bandwidth, uptime guarantees, geographic coverage), a precise benchmark is difficult. However, $4.3M over 1719 days averages roughly $2,500 per day, which seems within a reasonable range for enterprise-level telecommunications services, especially considering the provider's market standing.

What are the key performance indicators (KPIs) for this contract?

Key performance indicators are crucial for ensuring service quality and accountability. Typical KPIs for telecom services include network uptime, latency, data throughput, and response times for issue resolution. These would be detailed in the contract's Service Level Agreement (SLA).

Industry Classification

NAICS: InformationWired and Wireless Telecommunications (except Satellite)Wired Telecommunications Carriers

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - NETWORK

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Verizon Maryland LLC

Address: 22001 LOUDOUN COUNTY PKWY, ASHBURN, VA, 20147

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $4,342,460

Exercised Options: $4,342,460

Current Obligation: $4,342,460

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00Q17NSD3009

IDV Type: IDC

Timeline

Start Date: 2021-09-15

Current End Date: 2026-05-31

Potential End Date: 2032-05-31 00:00:00

Last Modified: 2026-03-16

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