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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

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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