This federal contract IDV is a Federal Supply Schedule (FSS) contract awarded by the General Services Administration's (GSA) Federal Acquisition Service to Magnosec Corp, a minority-owned, small disadvantaged business. The contract has a ceiling value of $475,000.00 and a period of performance through February 25, 2030.
The FSS contract is intended to provide federal agencies access to a wide range of commercial products and services offered by Magnosec Corp. The specific products and services available under this contract are not detailed in the information provided. However, as an FSS contract, it is reasonable to infer that Magnosec Corp is authorized to sell its commercial items and services to government customers through established FSS pricing and terms. The contract does not utilize any set-asides and was awarded as a multiple award vehicle, allowing various government buyers to directly place orders against the contract's pre-negotiated rates and conditions.