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The U.S. Federal Aviation Administration (FAA) has awarded a contract to Lexmark International, Inc. (NYSE: LXK) to provide monochrome and color laser printers and multifunction products (MFPs) to the FAA''s more than 800 offices, serving more than 45,000 employees.
The contract ceiling is $60 million if all renewal options are exercised.
The contract, awarded as part of an FAA strategic sourcing initiative, covers desktop and workgroup high-volume laser printers and multifunctional devices, device accessories and maintenance options.
The Office of Financial Controls, with support from the FAA''s Chief Financial Officer and the FAA Acquisition Executive, led the strategic sourcing initiative and conducted the rigorous, multi-vendor review. Lexmark was selected based on the company''s products, federal-industry expertise and ability to help the FAA achieve its cost savings objectives
and bring value to FAA employees around the country. This new contract is part of the FAA''s Strategic Sourcing for the Acquisition of Various Equipment and Supplies (SAVES) program, an initiative to reduce costs and improve capabilities and service to employees.
As part of the new contract, FAA employees can place orders for Lexmark devices through a variety of approved methods, including an exclusive, secured Web portal through which they will be able to review product options, delivery options, order history, lead time, inventory levels, and order status tracking.
“We are pleased to be selected by the FAA to support its strategic sourcing objectives of reducing costs while improving employee productivity,” said Paul Rooke, Lexmark executive vice president and president of its Printing Solutions and Services Division. “With our federal-industry expertise and award-winning product line, we will be working to provide FAA employees with printers and MFPs that are simple to set up, use and maintain and that provide reliable, high-quality printing and workflow solutions.”
