On October 11, 2023, WidePoint Corporation entered into a task order with a Federal government client for the Company to provide the agency with a full range of managed mobility services with a total contract value (assuming all options are exercised) of approximately $60 million. The Task Order includes a total performance period of three years, consisting of one base year and two one-year option periods. The Task Order provides that the Company will provide approximately $18 million of carrier services and $2 million of managed and other higher margin services per year the Task Order is in effect.
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- WidePoint Corporation Enters into Task Order with A Federal Government Client