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CORRECTING and REPLACING SAIC Wins IT Services Contract to Continue Support for Pension Benefit Guaranty Corporation
RESTON, Va.--(BUSINESS WIRE)-- First paragraph, second sentence of release dated February 11, 2020, should read: The multiple-award contract is valued at
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[{"type":"text","content":" RESTON, Va.--(BUSINESS WIRE)--\nFirst paragraph, second sentence of release dated February 11, 2020, should read: The multiple-award contract is valued at $133 million over a five-year period for all awardees. (instead of The multiple-award contract is valued at more than $248 million over a five-year period for all awardees.).\n\n\nThe corrected release reads:\n\n\nSAIC WINS IT SERVICES CONTRACT TO CONTINUE SUPPORT FOR PENSION BENEFIT GUARANTY CORPORATION\n\n\nThe Pension Benefit Guaranty Corporation (PBGC) awarded Science Applications International Corp. (NYSE: SAIC) a contract to continue to provide the company’s IT operation support services, including IT operation and management services; development modernization, and enhancement; and SharePoint Solutions. The multiple-award contract is valued at $133 million over a five-year period for all awardees.\n\n\n“We’re proud to work with PBGC in providing IT solutions and support to help them in their efforts to protect the retirement security of millions of Americans,” said Bob Genter, executive vice president and general manager of the Civilian Markets Customer Group.\n\n\nSAIC’s primary point of differentiation is its U-Centric approach, which focuses on solutions and support for the end-user. SAIC’s team delivers top-notch solutions that have earned the organization high marks through the Contractor Performance Assessment Reporting System.\n\n\n“Our emphasis on the customer experience of the end-user is foundational to our support for our clients. Our team has done an excellent job supporting our customer, and I really can’t thank them enough for their tireless work,” Genter continued.\n\n\nPBGC protects the retirement security of more than 35 million American workers, retirees, and their families, in private sector defined benefit pension plans. It was created by the Employee Retirement Income Security Act in 1974 to encourage the continuation and maintenance of pension plans.\n\n\nSAIC is one of three awardees.\n\n\nAbout SAIC\n\n\nSAIC® is a premier technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging te...
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