SAIC (SAIC) Says it was Awarded $165M IT Contract by Virginia
Science Applications International Corp. (NYSE: SAIC) has been awarded a $165 million contract by the Commonwealth of Virginia to serve as a multisourcing service integrator (MSI). Under the contract, SAIC will provide an innovative approach to assist the Virginia Information Technologies Agency (VITA) with modernizing the state’s technology infrastructure.
“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 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.”
The single-award contract has a five-year base period of performance, two, two-year options, and a potential value of $272 million, if all options are exercised.
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.