Fintech financial services provider Array US and software company Verato were awarded spots on a $330 million indefinite-delivery/indefinite-quantity contract from the Defense Counterintelligence and Security Agency for credit reporting services.
Both contractors will compete for delivery orders under the potential 10-year IDIQ to support DCSA’s personnel security mission, the Department of Defense said Wednesday.
Array is a Boca Raton, Florida-headquartered company with a range of finance-related products including credit and identity services. On the other hand, McLean, Virginia-based Verato offers credit monitoring service as one of its many products for government customers.
The two companies will work under the DCSA contract until Aug. 23, 2033, if all of five one-year option periods are exercised. Performance locations are at their respective facilities.
The agency selected Array and Verato among eight vendors that joined its full and open competitive acquisition process, with DCSA Contracting and Procurement Office handling the effort.
