GSA contract with multi-million dollar per-year potential is to serve government agencies in NY and NJ
FAIRPORT, N.Y. - July 26, 2011 (Print-friendly PDF file)
PAETEC Holding Corp. (NASDAQ GS: PAET) and its subsidiaries announced today that the General Services Administration (GSA) of the U.S. Federal Government has awarded it a contract for a period of five years to provide voice, Internet and data services. The contract, called RLTC (Regional and Local Telephony Contract), represents multi-million dollar potential revenue annually, covering GSA's Region 2 including New York and New Jersey.
GSA is a federal procurement and property management agency created to improve government efficiency and help federal agencies better serve the public. As a result of this agreement, PAETEC has the opportunity to provide its leading telecommunications services to federal workers located in approximately 540 government-owned buildings and leased locations such as federal courts, IRS and Social Security offices, or military facilities. PAETEC and subsidiaries also currently have several contracts with GSA in Regions 3, 5, and 9 including Maryland, Delaware, Pennsylvania, Virginia, Ohio, Michigan, and California.
"Over our many years of extensive experience working with the federal government, we've developed a significant level of trust that we not only can meet our commitments, but deliver the complex and customized services needed by agencies of this size," said Mike Magliato, PAETEC vice president of government solutions. "We look forward to growing our relationship with the GSA and offering our expanding, innovative line of products."
According to the terms of the contract, all federal government agencies with local offices in New York and New Jersey will have access to PAETEC's suite of services including company's robust switching platform, self-healing fiber optic network, and monitoring capabilities. These agencies will join a growing list of federal, state and local governments who have trusted PAETEC with their mission-critical communications needs including including the Department of Defense, Veterans Affairs, and the US Courts.
PAETEC (NASDAQ GS: PAET), a Fortune 1000 company, is personalizing communications and energy solutions in 86 of the top 100 metropolitan areas across the United States. We offer a comprehensive suite of network services ( voice, data and fiber solutions), as well as managed services, cloud and data center services, software and technology, and energy services. For more information, visit www.paetec.com.