NIST Telecom Services Contract Awarded to Verizon for $10.4M, Spanning 5 Years

Contract Overview

Contract Amount: $10,394,906 ($10.4M)

Contractor: Verizon Business Network Services LLC

Awarding Agency: Department of Commerce

Start Date: 2021-08-31

End Date: 2026-05-31

Contract Duration: 1,734 days

Daily Burn Rate: $6.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: NIST TELECOMMUNICATION 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 $10.4 million to VERIZON BUSINESS NETWORK SERVICES LLC for work described as: NIST TELECOMMUNICATION SERVICES Key points: 1. Contract value of $10.4M over 5 years. 2. Sole provider is Verizon Business Network Services LLC. 3. Risk of limited competition due to sole provider. 4. Spending falls within the Wired Telecommunications Carriers sector.

Value Assessment

Rating: fair

The contract value of $10.4M over 5 years for telecommunication services appears reasonable given the duration and provider. However, without specific service details or benchmarks for similar government contracts, a precise value assessment is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which is positive for price discovery. However, the data indicates a single awardee, Verizon Business Network Services LLC, suggesting that only one bidder was successful or chosen.

Taxpayer Impact: The full and open competition process aims to ensure taxpayer funds are used efficiently. The final price reflects the outcome of this competitive process.

Public Impact

Ensures essential telecommunication services for the Department of Commerce. Supports NIST's operational needs through reliable connectivity. Potential for service disruptions if provider fails to meet obligations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under the Wired Telecommunications Carriers sector, which includes services like broadband internet, voice, and data transmission. Government spending in this sector is substantial, driven by the need for robust communication infrastructure across agencies.

Small Business Impact

The data indicates that this contract was not awarded to small businesses. There is no specific information provided regarding subcontracting opportunities for small businesses within this contract.

Oversight & Accountability

The contract is managed by the Department of Commerce, Office of the Secretary. Oversight would involve monitoring service delivery, performance metrics, and adherence to contract terms to ensure accountability.

Related Government Programs

Risk Flags

Tags

wired-telecommunications-carriers, department-of-commerce, dc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Commerce awarded $10.4 million to VERIZON BUSINESS NETWORK SERVICES LLC. NIST TELECOMMUNICATION 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 $10.4 million.

What is the period of performance?

Start: 2021-08-31. End: 2026-05-31.

What specific telecommunication services are included in this $10.4M contract, and how do they align with NIST's mission requirements?

The contract covers wired telecommunication services provided by Verizon Business Network Services LLC. While the exact services are not detailed, they likely include broadband internet, data transmission, and potentially voice services essential for NIST's research, development, and operational activities. The alignment with NIST's mission would depend on the specific bandwidth, reliability, and security features offered under the contract.

Given the 5-year duration and sole awardee, what mechanisms are in place to mitigate the risk of price increases or service degradation over time?

The contract is firm fixed price, which should protect against price increases for the defined services. However, service degradation risk remains. Mitigation strategies could include performance metrics, service level agreements (SLAs) with penalties, regular performance reviews by the Department of Commerce, and contingency planning for potential vendor issues.

How does the $10.4M contract value compare to similar telecommunication service contracts awarded by other federal agencies of comparable size and scope?

Benchmarking this $10.4M contract requires detailed comparison with similar government contracts for wired telecommunications services. Factors like duration, bandwidth, included services (e.g., dedicated lines, internet access), and geographic coverage are crucial. Without this granular data, it's challenging to definitively state if the price is competitive, though the full and open competition process suggests an effort towards fair pricing.

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: $10,394,906

Exercised Options: $10,394,906

Current Obligation: $10,394,906

Actual Outlays: $6,888

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: 2021-08-31

Current End Date: 2026-05-31

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

Last Modified: 2026-03-05

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