CSC To Split $2.8B Visa Deal with Stanley
CSC (NYSE: CSC) is one of two companies to be awarded the Global Support Strategy (GSS) for Visa Services indefinite-delivery/indefinite-quantity (IDIQ) contract by the Department of State (DoS) Bureau of Consular Affairs. The IDIQ has a one-year base period and nine one-year options, bringing the estimated total 10-year contract value to $2.8 billion for both firms.
Under the terms of the contract, CSC will compete for task orders to provide a range of visa-related business process support services, local stand-alone facilities, and oversight and management of visa-support services for U.S. embassies and consulates abroad.
“We understand the enormous challenges the Department of State faces in processing visa applications around the world to facilitate international travel, while also vigorously protecting the borders of the United States,” said Aaron Fuller, president of CSC’s North American Public Sector Enforcement, Security and Intelligence Group. “CSC’s worldwide visa support experience, service-delivery expertise and global presence make us the ideal partner to combine centralized oversight and control with distributed local execution – maximizing standardization, yet responding to each country’s distinctive needs.”
Last week, it was announced that Stanley Associates had also won a slice of the sizeable deal. Read more about it here.
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