URS Corp. (URS) IT Biz Awarded Spot on $5B GSA Telecom Contract
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URS Corporation (NYSE: URS) reports its information technology business, Apptis, is one of 21 firms that has been awarded an indefinite delivery/indefinite quantity (IDIQ) contract by the U.S. General Services Administration (GSA) to provide telecommunications, networking, and facility support services to federal agencies. The contract, which has a three-year base period, followed by six one-year option periods, has an maximum aggregate value to all 21 awardees of approximately $5 billion, if all options are exercised.
Under the terms of the contract, the Company can compete for, or be assigned, task orders to provide communications and networking solutions, including preparing facilities for new telecommunications systems and operations and management support.
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Under the terms of the contract, the Company can compete for, or be assigned, task orders to provide communications and networking solutions, including preparing facilities for new telecommunications systems and operations and management support.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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