TW Telecom (NASDAQ:TWTC, news, filings) has been awarded a competitive multi-year federal contract to bid for services from the GSA’s GRITS II. With a potential value of $550M, the award simply gives them the right to bid on providing various services to agencies and organizations across the Southeastern US, specifically Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina and Tennessee.
The GRITS II contract vehicle is one of those indefinite-delivery-indefinite-quantity arrangements, and hence the potential value is an entirely different thing from the actual revenue tw telecom will likely derive from it. But nevertheless, tw is pretty good at this sort of thing – as demonstrated by the many military bases that they already serve. The contract award is effective beginning on April 1, 2013 and lasts for four years, with up to two 3-year options to extend it beyond that.
Incidentally, lately tw telecom has at long last released selected metro fiber maps on their website – albeit not detailed ones. I have added the various links to my metro fiber maps section, with a clip of the Nashville one shown to the left here – since it’s in GRITS II territory. tw’s deep metro footprint now connects up over 18,000 buildings – and will probably push 20,000 by this time next year if they keep up the pace.