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By Ross Wilkers
The Federal Deposit Insurance Corporation’s IT environment has approximately 200 business applications, many of which still apparently need to move into a cloud environment.
The government agency responsible for covering the savings of U.S. citizens and businesses has started preparing industry for the upcoming recompete of its main IT services contract.
In a sources sought notice posted Thursday, the Federal Deposit Insurance Corporation is giving a first look at its blueprint for the fourth iteration of its Information Technology Application Services pact.
ITAS is a basic ordering agreement that FDIC structured as its go-to mechanism for acquiring support across its full portfolio of IT applications, platforms and products.
FDIC awarded the current version called ITAS Next Generation in 2021 to CTIS and Synergy Business Innovation & Solutions. Deltek data pegs that ceiling at $425 million over a five-year period that sunsets on Sept. 1, 2026.
While subject to change, FDIC currently plans to choose between 15 and 20 companies for ITAS IV via an advisory downselect process across two phases.
