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Bloomberg Government: Fiscal 2017 Spending on GSA’s Telecom GWACs Reached Nearly $2B

Bloomberg Government: Fiscal 2017 Spending on GSA's Telecom GWACs Reached Nearly $2B - top government contractors - best government contracting event
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Bloomberg Government: Fiscal 2017 Spending on GSA's Telecom GWACs Reached Nearly $2B - top government contractors - best government contracting event

Federal agencies collectively spent $1.9 billion on telecommunications products and services during fiscal 2017 through the General Services Administration“™s Networx Enterprise and Universal contracts, Bloomberg Government reported Monday.

BGOV analyzed billing data from GSA and found that Networx spending over the past decade.

The report said AT&T and Verizon have secured approximately 85 percent of total contract obligations on the two government-wide acquisition vehicles.

GSA awarded 10 companies spots on the 15-year, $50 billion Enterprise Infrastructure Services contract that will replace the current telecommunications acquisition vehicles.

Incumbent Networx vendors AT&T, Verizon, CenturyLink and Level 3 Communications hold EIS positions.

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Written by Monica Jackson

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