WidePoint awarded $20M purchase order for US government telecom solutions

WIDEPOINT CORP

Commercial entity issued purchase order for managed telecom solutions to US Government-end customer.
Contract ceiling of $20 million assuming all options exercised.
Performance period of 5 years: 3-year base plus two 1-year option periods.
Services include full range of managed telecom solutions.

item 1.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WIDEPOINT CORP entered into Purchase Order valued at $20 million (effective 2024-01-24).

Action: entry
Value: $20 million
Effective: 2024-01-24

Exact text from the filing

On January 24, 2024, WidePoint Corporation was issued a Purchase Order from a commercial entity (the “Entity”) to provide services on the Entity’s behalf to its US Government-end customer a full range of managed telecom solutions with a contract ceiling of – assuming all options are exercised--of $20 million. The Purchase Order includes a performance period of 5 years, consisting of a three-year base period and two one-year option periods.

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Source: SEC EDGAR

accession 0001654954-24-000963

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