WASHINGTON, July 10, 2014 CenturyLink, Inc. (NYSE: CTL) recently won a colocation contract from the National Institutes of Health (NIH) that could be worth nearly $63 million over the next 10 years. CenturyLink will provide colocation, network connectivity and disaster recovery services to the NIH National Library of Medicine and the NIH Center for Information Technology.
The contract is worth $3.2 million the first year, with nine one-year options that will result in a minimum total contract value of $19.6 million and a maximum total contract value of $62.7 million. The new agreement follows a previous 10-year contract for these services that was also awarded to CenturyLink.
CenturyLink's data center solution provides a secure environment that assures the high confidentiality, availability and integrity of NIH information, achieves a FISMA (Federal Information Security Management Act) moderate rating and has been built to Tier III data center reliability standards.
By supplying colocation and data backup services over its carrier-class network, CenturyLink is able to provide NIH with the security and reliability it needs to carry out its mission as one of the world's top medical research centers.
The National Library of Medicine, located on the NIH campus, is the world's largest medical library. Its collection offers information and research services in all areas of biomedicine and health care. It also coordinates a 6,000-member National Network of Libraries of Medicine that provides access to health information in communities across the U.S.
The NIH Center for Information Technology manages the agency's IT resources, which include operating the NIH computer center and providing data processing and technical services to more than 40,000 users in NIH, the U.S. Department of Health and Human Services, and other government agencies.
"CenturyLink is proud to be selected again to provide the NIH and the National Library of Medicine with secure, reliable colocation and disaster recovery services that will help the agency continue to supply important medical information and research services to thousands of communities and registered users," said Lisa Bruch, CenturyLink Government acting senior vice president and general manager.
CenturyLink is ranked No. 42 on Washington Technology's 2014 Top 100 list of federal government IT contractors.
CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and hosted IT solutions for enterprise customers. CenturyLink provides data, voice and managed services in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers for businesses and consumers. The company also offers advanced entertainment services under the CenturyLink® Prism™ TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations. For more information, visit www.centurylink.com.