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Report: GSA Networx Contract Savings Exceed $600M

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GSAThe General Services Administration has achieved more than $600 million in savings from its Networx contract vehicle, FedScoop reported Friday.

Colby Hochmuth writes that under the program, the agency seeks to offer higher-capacity, cost-effective and flexible telecommunications and network services through a consolidated purchasing process.

According to the report, fiscal year 2013 spending on telecommunication services reached $1.3 billion.

Networx has helped cut telecom and network service buys by 35 percent as agencies seek to simplify their telecom purchases, according to the report.

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