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Report: OPM Plans Rebid for ID Theft Protection Contract

Report: OPM Plans Rebid for ID Theft Protection Contract - top government contractors - best government contracting event
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Report: OPM Plans Rebid for ID Theft Protection Contract - top government contractors - best government contracting eventThe Office of Personnel Management will launch a competitive solicitation for the recompete of a contract to provide identity theft protection and credit monitoring services to former and current federal employees, Nextgov reported Tuesday.

ID Experts provides the services to more than 20M people affected by government data breaches in 2015 under a contract that was awarded in September of the same year and is scheduled to expire Dec. 31 of this year.

The report said OPM has fully obligated the $340M contract value and plans to kick off a six-month transition process next year if the agency selects a new contractor.

OPM has not provided a timeframe for the rebidding process, the report added.

The General Services Administration prescreened three potential ID theft protection services providers to the federal government through a blanket purchase agreement following the cyber hack.

Those vendors were ID Experts, Identityforce and Ladlas Prince.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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