Significant FY 2013 Savings seen from Networx Contract Vehicle
For those of you in the telecommunications industry, this article points to some of the successes GSA is seeing with its Networx Contract vehicle which is designed to bring state of the art network solutions to Federal agencies. As noted in this article, despite there being a 800 percent increase in government use of telecom and network services, the total cost for such services has only increased by 43 percent.
The GSA is now claiming that they are saving $678 million in telecommunication services in FY2013 due to the Networx Contract vehicles. Along with that, the federal government recently purchased $1.3 billion in services from various vendors. However, it was confirmed by Networx’s program manager, Bill Lewis, that consolidating all these vendors and combining their buying power allowed for 35% savings in their services, which is enormous due to the amount of the money spent through Networx Contract vehicles.
Networx Vehicles Information
- Contract offering telecommunication services ranging from domestic to international access to network services for all federal serives.
- Networx contracts involve several popular vendors such as AT&T, Century Link Inc, Sprint, and Verizon.
- Designed to bring the leading network services to all federal agencies.
- Vendor determined based on price, past performance, and technical requirements for specific agency needs.
Read more about the benefits of the Networx contract in this blog post.