Lumen lands $73.6 million contract with U.S. Government Accountability Office
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The contract awarded to Lumen Technologies by the U.S. Government Accountability Office (GAO) under the Enterprise Infrastructure Solutions (EIS) program signifies a strategic move towards enhancing government efficiency through digital transformation. This transition to a contractor-owned and contractor-operated (COCO) network model represents a shift in federal procurement strategy, aiming to reduce capital expenditures while leveraging private sector expertise in network management.
From a policy standpoint, such public-private partnerships can be a catalyst for innovation within government operations. The reliance on Lumen's infrastructure for secure managed network services implies a trust in the private sector's ability to handle sensitive government communications. This could set a precedent for future federal contracts, potentially influencing the market for government service providers.
The financial implications of a $73.6 million contract are significant for Lumen Technologies, especially considering the potential for an extended partnership over the eight additional one-year options. This deal could provide a stable revenue stream and enhance the company's financial stability. The adoption of modern technologies like virtual private network services and videoconferencing by a government agency could also signal to investors that Lumen is a competitive player in the field of government telecommunications solutions.
However, investors should monitor the execution of this contract, as government projects can come with unique challenges, such as stringent security requirements and the need for scalability. Successful implementation could bolster Lumen's reputation and lead to further government contracts, while any missteps might affect investor confidence and the company's stock performance.
The emphasis on secure managed network services in the contract between Lumen Technologies and the GAO reflects the critical nature of cybersecurity in government operations. The COCO model adopted here places the onus of security on Lumen, which must ensure that data, voice and video connectivity meet the highest standards of protection against cyber threats.
Given the sensitive nature of GAO's work in auditing and investigating government activities, the secure transfer and storage of data is paramount. Lumen's ability to deliver on these security expectations will not only affect the success of this contract but also influence the broader market perception of Lumen's cybersecurity capabilities. This could have implications for Lumen's future business prospects, particularly in sectors where security is a top priority.
Company's network strength will help transform the investigative arm of Congress
"Lumen's network strength is helping GAO transform how it connects and communicates using modern technology—an important move that will help the agency make timely recommendations to Congress that save taxpayer money and benefit the American people," said Jason Schulman, Lumen National Vice President of Federal Government Sales. "GAO chose Lumen to guide the agency as it adopts, manages and leads through technology evolutions and digital transformation."
Speed Read:
- These modern technologies powered by Lumen enable GAO to provide Congress, the executive branch and the public with well-timed, fact-based, non-partisan analysis and recommendations that can improve government and save taxpayers billions of dollars.
- Lumen is delivering secure managed network services, virtual private network services, ethernet transport services, internet protocol services, videoconferencing services, and voice and toll-free services to GAO, which serves as the audit, evaluation and investigative arm of Congress.
- This task order has a base performance period of one year, with eight additional one-year options. It was awarded to Lumen under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program.
The company is helping GAO embark on its journey to transform to a contractor-owned and contractor-operated (COCO) network model that decreases capital expenditures, increases efficiency and improves service delivery.
Lumen delivers the secure, scalable and reliable network infrastructure government agencies like GAO need to carry out their important missions. GAO's purpose is to support Congress in meeting its constitutional responsibilities and to help improve the performance and accountability of the federal government for the benefit of the American people.
Past EIS Wins:
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U.S. Department of Agriculture$1.2 billion - Learn more about our
U.S. Department of the Interior$1.6 billion
About Lumen Technologies:
Lumen connects the world. We are igniting business growth by connecting people, data, and applications – quickly, securely, and effortlessly. Everything we do at Lumen takes advantage of our network strength. From metro connectivity to long-haul data transport to our edge cloud, security, and managed service capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights, visit news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Learn more about Lumen's public sector capabilities on Twitter at @lumengov and on LinkedIn at @lumenpublicsector.
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SOURCE Lumen Technologies
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