Verizon earns highest federal performance rating for 10th year in a row

Rhea-AI Summary

Verizon Business Network Services (VBNS) has received an 'exceptional' rating for its performance across the Washington Interagency Telecommunications System (WITS) 3, marking the tenth year in a row it has achieved the highest rating. The rating was earned for the period from June 1, 2022, through May 31, 2023, with Verizon securing the highest grade overall and in every category and sub-category. The company's consistent stellar performance has led to long-term engagements and significant contract wins, including a 10-year contract with the United States Postal Service and a 9-year expansion of its partnership with the Department of Veterans Affairs.

Positive

• Consistently achieving the highest 'exceptional' rating for ten years reflects Verizon's unwavering commitment to delivering high-quality work and building long-term relationships with federal agencies.
• The significant contract wins with the United States Postal Service and the Department of Veterans Affairs demonstrate Verizon's strong position as a key strategic partner in the public sector, contributing to its continued growth and success.

Negative

• None.

Consecutive “exceptional” WITS 3 rating punctuates decade of federal contract growth

WASHINGTON, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Verizon Business Network Services (VBNS) has been rated “exceptional” — the highest possible classification — for its performance across the Washington Interagency Telecommunications System (WITS) 3. Federal agencies use the grading system, known as the Contractor Performance Assessment Reporting System to evaluate government contractors’ history of performance.

Verizon earned the latest rating for the period from June 1, 2022 through May 31, 2023, securing the highest “exceptional” grade overall and also in every single category and sub-category. This marks the tenth year in a row Verizon has received the highest rating.

“We are grateful for the trust the federal government places in our outstanding team of managed and professional services experts,” said Maggie Hallbach, Senior Vice President of Public Sector at Verizon. “It also demonstrates that we’re not simply content with preserving compliance. We are always committed to delivering the highest-quality work and nurturing long-term relationships.”

Verizon has consistently performed on its federal government contracts over these last ten years. Its consistently stellar work, underscored by its WITS 3 rating, has built on those relationships, parlaying project-based contracts into long-term engagements.

Other Public Sector Wins

Earlier this year, Verizon announced a 10-year contract worth $147,500,000 with the United States Postal Service (USPS) that effectively positions VBNS as the USPS’ key strategic contact center and customer experience partner. Verizon also announced a 9-year expansion of its partnership with the Department of Veterans Affairs, valued at $448.3 M, through which the network provider will supply mobile devices and mission-critical communications systems.

For more information about Verizon and its digital modernization work across diverse federal agencies, visit https://www.verizon.com/business/solutions/public-sector/.

Media Contact:
Geoffrey Basye
202-748-1882
geoffrey.basye@verizon.com

FAQ

What is the rating Verizon Business Network Services received for its performance across the Washington Interagency Telecommunications System (WITS) 3?

Verizon Business Network Services (VBNS) received an 'exceptional' rating, the highest possible classification, for its performance across WITS 3.

How long has Verizon been consistently receiving the highest rating?

Verizon has received the highest 'exceptional' rating for ten years in a row.

What significant contract wins has Verizon announced earlier this year?

Verizon announced a 10-year contract worth $147,500,000 with the United States Postal Service and a 9-year expansion of its partnership with the Department of Veterans Affairs, valued at $448.3 M.