Story excerpt provided by Nextgov
Written by Aaron Boyd
A new vendor is taking over management of the vendor verification system run through the General Services Administration, ending a 20-year dynasty for the company that established the Data Universal Numbering System, or DUNS.
Through the Integrated Award Environment, GSA issues each vendor or organization that does business with the government a unique DUNS number. The system has been managed by Dun & Bradstreet since it was created in 1962 and the company has held the contract with GSA since DUNS became part of the Federal Acquisition Regulation in 1998.
After opening the contract to competitive bids last year, GSA announced Monday that a new vendor, Ernst & Young, would be taking over the entity validation system.
The new deal includes a one-year base period, with four one-year options, which, if exercised, would make the contract worth a total of $41.8 million.
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Originally published March 19, 2019