According to a press release, SAIC’s contract with the Commonwealth of Virginia has a five-year base period of performance along with a pair of two-year options, giving it a potential value of $272 million if all options are exercised.
More from the release:
“Delivering a modern, responsive technology solution to VITA is our top priority. SAIC is proud to work with VITA to serve as its new MSI [multisourcing service integrator] provider to help the state implement a marketplace of consolidated IT services and solutions to ensure security and oversight of major IT projects, and the procurement of technology-related goods and services,” said Bob Genter, SAIC senior vice president of the Federal Civilian Customer Group. “We are committed to Virginia’s mission to successfully oversee the proper governance of taxpayer dollars while still offering a marketplace of choices, with responsive service delivery.”
VITA is the commonwealth’s consolidated technology services and solutions provider responsible for the operation of the state’s technology infrastructure, governance, security, oversight of major IT projects, and procurement of technology-related goods and services on behalf of state and local governments.
Under the contract, SAIC will coordinate and monitor multiple IT infrastructure services suppliers for state executive branch agencies. The MSI is the cornerstone of a strategy that will diversify the state’s portfolio of suppliers, improve service delivery quality, ensure cost-competitiveness, and provide transparency and accountability into the commonwealth’s service delivery platform.
Headquartered in Reston, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com.