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General Services Administration Awarded a Contract to INTEGRATED SECURITY TECHNOLOGIES INC. for $50,000,000,000.00
Signed on
2/7/2022, 12:00 AM
INTEGRATED SECURITY TECHNOLOGIES INC. Government Contract #47QTCB22D0446
INTEGRATED SECURITY TECHNOLOGIES INC. was awarded a contract with the United States Government for $50,000,000,000.00. The contract was awarded by the agency office GSA/FAS ITC OFFICE OF ACQUISITION OPERATIONS, INTERAGENCY CONTRACTS, which is a division with the Federal Acquisition Service within the General Services Administration.
Summary of Award
The provided dataset details a government contract, specifically an Indefinite Delivery Vehicle (IDV), awarded to Integrated Security Technologies Inc., under the 8(a) STARS III Governmentwide Acquisition Contract (GWAC). This initiative, spearheaded by the General Services Administration (GSA), signifies a strategic effort to streamline the procurement of IT services for various federal agencies.
**Overview of the Contract:**
The unique award identifier is CONT_IDV_47QTCB22D0446_4732. Marked as a GWAC, this contract is designed to provide efficient and comprehensive acquisition of IT services across federal agencies. The description of this IDV is "8(A) STARS III GOVERNMENTWIDE ACQUISITION CONTRACT," indicating a focus on supporting small businesses participating in the 8(a) Program, which aims to foster economic growth among disadvantaged businesses.
**Key Financials:**
The contract, signed on February 7, 2022, has a lofty ceiling, with a base and all options valuation set at $50 billion. However, total obligations and outlays are currently reported as zero, suggesting that while the framework and capacity for spending are significant, specific financial commitments are yet to be initiated under this particular IDV at the time of this report. The contract spans from February 23, 2022, to July 1, 2026, with a potential but unspecified end date extension indicating room for further scope or duration based on future needs and performance assessments.
**Agency Involvement:**
Both funding and awarding responsibilities are carried by the General Services Administration, specifically through the Federal Acquisition Service (FAS). The office involved is the GSA/FAS ITC Office of Acquisition Operations, Interagency Contracts, indicating an interagency focus aimed at broad resource sharing and service coverage in IT domains across government sectors.
**Recipient Profile:**
Integrated Security Technologies Inc., the contract recipient, is identified as an entity deeply embedded with characteristics of a small, disadvantaged business. It's categorized under several business designations: an Economically Disadvantaged Women-Owned Small Business, a Self-Certified Small Disadvantaged Business, a Woman-Owned Business, and others. This breadth indicates a strategic alignment with federal goals to stimulate diversification and support within the small business sector.
Headquartered in Waipahu, Hawaii, the company's primary offering falls under the NAICS code 541512, denoting Computer Systems Design Services. This includes IT consultancy services, systems design, and application development, matching the government's needs under the stated scope of the 8(a) STARS III program, which emphasizes IT and Telecom - Business Application/Application Development support services.
**Contractual Specifications:**
The contract operates under specific set-aside and solicitation procedures with 8(a) Competing as its primary competitive strategy. This approach ensures that small businesses within the 8(a) program gain prioritized access to government contracts, fostering a competitive yet inclusive business environment. Apart from being a small business-centric contract, it is also "Full and Open Competition After Exclusion of Sources," ensuring fairness while keeping the focus on targeted enterprise inclusion.
Specific codes attached to this contract include the Product or Service Code (PSC) DA01, capturing the essence of IT and telecom-focused business application development and support services. The NAICS hierarchy supports this alignment with a broad focus on professional and technical services, particularly systems design.
**Additional Contract Insights:**
Interestingly, despite the scale of potential financial commitment, there are no noted subawards, subcontracts, or outlays at this stage, reflecting either the early phase of this agreement or the strategic positioning and negotiation in the deployment of this GWAC. The absence of transactional activities within the dataset confirms this, yet leaves room for significant developments in coming fiscal periods.
The contract’s strategic intention is pointedly highlighted by the solicitation identifier 47QTCB20R0005 and procedures classified under "NEGOTIATED PROPOSAL/QUOTE," indicating a methodical approach where proposals were evaluated based on set criteria before awarding.
In conclusion, this dataset paints a picture of a high-capacity, strategically oriented government contract aimed at harnessing technological advancement through diversified small business engagement. Integrated Security Technologies Inc. stands as a vital cog in this effort, leveraging its strong niche in IT services to advance federal capabilities. As the program evolves, future obligations and expenditures will reveal its tangible impact, further cementing the government's commitment to supporting innovation and inclusivity in its procurement strategies.