Jim Ghiloni, executive program officer for the General Services Administration‘s One Acquisition Solution for Integrated Services program, has said task orders under the contracting vehicle currently have a ceiling value of around $900 million with options, Federal Times reported Wednesday.
Ghiloni told an AFCEA panel that majority of the OASIS task orders account for the small business portion of the contract vehicle, Andy Medici reports.
Agencies’ contract obligations on OASIS have so far reached nearly $200 million and Ghiloni said he expects those obligations to increase in later months, according to the report.
“We are in the early part of the curve and we should see the exponential expansion by the end of this year and early next year,” he told the event in Washington, D.C.
Ghiloni attributed OASIS’ “strong start” to contract obligations made by the U.S. Army and the Air Force, Federal Times reports.
He noted that the Air Force awarded almost one-third of the task orders under OASIS, the report says.
The OASIS contract vehicle is meant to provide financial management and engineering, scientific and logistics services to agencies with the goal of securing nearly 10 percent of the more than $60 billion in government spending, Medici reports.