FDIC gives first look at IT services recompete
The FDIC's headquarters in Washington, D.C. Photo by J. David Ake / Getty Images
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.
The agency describes its IT environment as largely based on the Salesforce and Appian cloud platforms, along with the roughly 200 business applications built upon them. FDIC is in the midst of migrating many of those applications to cloud environments.
FDIC uses those apps as part of its mission to insure deposits in the U.S. banking system, supervise financial institutions, resolve large and complex crises as they come up, manage receiverships and support the agency's approximately 6,100 employees.
ITAS IV will have five task areas that include business application services, platform services, developer support services, emerging technology services and rapid teams.
A deadline for responses to the ITAS IV request for information was not given on Sam.gov, but we will update this story after FDIC posts that detail.