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D -- Networx Enterprise Minimum Revenue Guarantee Announcement

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Reference-Number-TQC-JTB-05-0002-AFederal

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The Minimum Revenue Guarantee (MRG) for the Networx Enterprise acquisition has been increased from $25 million to $50 million. This revised $50 million total will be distributed equally among the Enterprise awardees, ensuring a higher collective revenue commitment under the contract. The contract pertains to the General Services Administration (GSA) and is managed by the GSA/FAS Center for IT Schedule Program, operating under the NAICS code 517110. The solicitation, identified by the reference number TQC-JTB-05-0002-A, was posted on February 25, 2005. The contract is overseen from the GSA office in Washington, DC, with John T Braun serving as the contracting officer. This adjustment in the revenue guarantee reflects a significant increase in the expected financial commitments for the Enterprise awardees involved in the Networx procurement.

General Info

Networx Enterprise MRG raised from $25M to $50M, equally distributed among awardees.

NAICS

517110 - Wired Telecommunications Carriers

Place of Performance

DC

Set-Aside

NONE

Documents

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Organization & Contact Information

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AgencyGeneral Services Administration → Gsa/fas Center For It Schedule Prog
Contacts1 person available
OfficeWASHINGTON, DC, 20405, USA
Office AddressWASHINGTON, DC, 20405, USA
Contacts
John T BraunContracting Officer

Full Description

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Minimum Revenue Guarantee (MRG) for the Networx Enterprise acquisition has been increased from $25 million to $50 million. This $50 million total will be equally divided among Enterprise awardees.

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