General Services Administration Awarded a Contract to XEROX CORPORATION for $4,931,000,000.00

Summary of Award

The awarded contract from the US federal government to the Xerox Corporation, as represented in the provided JSON data from usaspending.gov, belongs to the category "Federal Supply Schedule Contract" (FSS), identified by the unique contract ID "CONT_IDV_GS25F0062L_4730." This contract is a prime example of the government's vendor agreements established to streamline the acquisition process across multiple agencies by leveraging pre-established schedules and pricing.

**Contract Overview**

The agreement, classified as an "Indefinite Delivery Vehicle" (IDV) and specifically as a "Federal Supply Schedule" (IDV_C), was signed on September 1, 2001. It has a performance period starting October 1, 2001, and concluding September 30, 2021. With a ceiling value encompassing all options at $4,931,000,000, the contract underscores the expansive potential spending authorized under this agreement. However, the total obligations and outlays currently stand at zero, emphasizing either a lack of drawn-down transactions or pending recordings against this contract. The nature of the contract is described as full and open competition, with 51 offers received. It reflects a robust competitive bidding process since there was no set-aside used either for small businesses or other specific groups, covering a broader spectrum of potential service providers. **Product and Service Focus** The contracted products are primarily related to "Printing, Duplicating, and Bookbinding Equipment," under the product service code 3610, aligning with the NAICS code 333293, indicating "Printing Machinery and Equipment Manufacturing." These products are crucial for several federal departments that require high-quality printing and duplicating equipment in their daily operations. **Recipient Details** Xerox Corporation, a key figure in the global market of document technology and services, serves as the contract recipient. Located at 1800 M ST NW STE 500N, Washington, DC, Xerox has always played a significant role in providing innovative printing solutions. The company fits within the "Category Business" and "Not Designated a Small Business," illustrating its standing as a major corporation with extensive capabilities. Xerox is part of the parent company Xerox Holdings Corp, further suggesting a wider network and a robust operational infrastructure that supports its federal contract capabilities. This depth in operations is crucial when engaging with critical federal mandates requiring consistent, high-quality service provision. **Agency Involvement** Both the funding and awarding of this contract were executed by the General Services Administration (GSA), specifically within the Federal Acquisition Service (FAS) division. GSA’s mission to deliver value and innovative solutions facilitates efficient federal spending, reinforcing why Xerox’s specialization in industrial and document management machinery is integral to their strategic partnerships. **Additional Contractual Details** The contract does not involve subcontracting plans designated for small businesses but operates under a "Commercial Subcontract Plan." This aspect denotes how subcontract allocations follow broad commercial practices instead of specialized government-driven incentives. Pricing terms are set as "Fixed Price with Economic Price Adjustment," which is critical for managing long-term engagements like IDVs. Such pricing structures ensure that any substantial economic shifts affecting material costs or inflation can be accommodated without renegotiating entire contract terms, thus maintaining budget predictability. **Transactions** Notably, there are no recorded transactions listed within this document, which could represent either pending updates or lag in data processing. This absence would require further inquiry to discern if practical engagements have occurred or if the contract remains unrealized in practical terms. **Conclusion** This award to Xerox Corporation reflects a strategic alignment of government procurement with established, reputable service providers capable of delivering specialized industry machinery critical for printing and duplicating functions. The GSA’s involvement illustrates an overarching goal to enhance federal efficiency through structured agreements like the Federal Supply Schedule. This ensures a streamlined acquisition process that holds obligations and payments in check while allowing for robust competition and economic price adjustments. Awaiting transactions within this contract could further illuminate its impact and execution effectiveness, promising a continuity of essential services vital to government operations.