BLUE BELL, Pa., Nov. 6, 2013 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced that it was selected for the largest task order awarded yet under a multi-vendor contract to provide information technology support services to the U.S. General Services Administration's Public Building Service (PBS).
Under the task order, worth up to $18.8 million over three years, Unisys will provide infrastructure and application support for all of PBS' mission-critical applications. These applications support PBS' mission as landlord for the federal civilian government, providing workspace to more than one million federal workers in 2,100 American communities.
Unisys competitively won the task order under a blanket purchase agreement (BPA) awarded to Unisys and five other vendors in April of this year. Under the BPA, worth up to $150 million over five years, Unisys and the other contractors are competing for task orders for work such as desktop maintenance and support, mobile and cloud platforms, building and energy systems program support, and national help desk services.With this latest award, Unisys has won a total of more than $30 million worth of business under the BPA since it was awarded. This work includes infrastructure, application and end user support services, document management, and web development. "This task order expands the work that Unisys has provided to GSA's Public Building Service for more than 20 years," said Venkatapathi "PV" Puvvada, group vice president, civilian agencies, Unisys Federal Systems. "Unisys recognizes the critical role this work will play in helping PBS serve agencies throughout the federal government, and we look forward to continuing to provide excellent service in support of PBS and its customers." About Unisys Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With approximately 22,500 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com. Forward-Looking Statements Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The task order has a one year base period and two one-year options, exercisable at the discretion of the government. Under time and materials contracts, like this task order, contractors are paid for hours ordered and actually delivered in the performance of the contract. Statements in this release regarding the value of the task order are based on the assumption that both option years will be exercised and the hours in the task order estimated as required for the performance of the scope of work will be ordered and delivered. Further because agreements with government agencies are terminable before the end of their terms and are subject to the availability of appropriated funds, there is no guarantee that each year of the task order will continue for its full term. The potential value of the BPA is the total that may be awarded to all contractors holding the BPA. There is no guarantee that Unisys will receive any additional task orders under the BPA. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts