The Army will amp up its use of the General Services Administration's OASIS contract by about $500 million a year, according to a report in Federal Times.
OASIS is a multibillion dollar contract that offers professional services, such as financial management and engineering, scientific and logistics services. OASIS also features separate contracts for small businesses and larger firms.
The Army and GSA signed a memorandum of understanding on March 16 to formalize the Army's intent to use the contract. Kevin Page, deputy commissioner at GSA's Federal Acquisition Service, said at the signing ceremony that OASIS helps agencies meet their missions while reducing duplicative contracts.
"Our federal state and local partners need the savings we provide so that they can focus on their critical missions. And few agencies have a mission more critical than the United States Army," Page said at the signing ceremony.
The Army is not the only service that has pledged to use OASIS. The Air Forced signed an agreement last year to spend up to $500 million on the contract vehicle. By agreeing to $500 million a year the Army gets a break on the contracting fee, dropping the rate from 0.75 percent to 0.1 percent.
Read the full report at FederalTimes.com.
