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Global temporary housing provider becomes approved vendor with the award of a renewable five-year government contract; Oakwood values contract at $5 million annually
LOS ANGELES (September 13, 2007) - Oakwood Worldwide, the leading global temporary housing and serviced apartment provider, recently won the U.S. General Services Administration (GSA) Schedule 48 Contract (#GS-33F-0020T), making Oakwood an approved vendor of corporate housing to the government. The GSA, a U.S. federal government agency, manages and facilitates many workplace essentials for government workers, such as providing office space and coordinating housing, transportation and technology logistics for these employees.
The five-year contract with Oakwood was awarded on July 27 to service United States locations and includes three renewable five-year options. According to the GSA, the government spends more than $390 million in housing services annually. Oakwood estimates that the contract is valued at $5 million in annual sales.
As a GSA schedule vendor, Oakwood can procure furnished and unfurnished corporate housing for the U.S. government and all its federal departments and agencies, the Senate and the House of Representatives, U.S. territories, as well as international organizations, tribal organizations, and mixed-ownership government corporations.
"This contract reflects our long-standing relationship and history of quality service to the U.S. government," says Oakwood Worldwide's Sr. Vice President of Worldwide Sales and Marketing Chris Ahearn. "Being on the GSA Schedule will allow greater convenience to the government professionals to take advantage of the Oakwood services they've come to rely on worldwide. Oakwood can provide quality temporary housing more effectively than ever to numerous government professionals throughout the United States and globally. We could not be more pleased to extend and grow our relationship with the U.S. government and in particular with the GSA."
With its impressive blend of quality residences, superior customer service, cost effective rates within TDY per diems, and 4,000 U.S. and global locations, Oakwood is pleased that this new contract allows the industry leader to expand its product offerings within the government sector.
To be considered a GSA approved vendor, Oakwood went through an extensive process that reviewed its inventory, pricing, past performance, product quality, diversified subcontractors, and customer support. A dedicated team of Oakwood government sales specialists developed the successful contract presentation to ensure that Oakwood demonstrated its full breadth of capabilities and product benefits as a government resource.
About Oakwood Worldwide
Oakwood Worldwide is the global leader and most trusted provider of temporary furnished apartments. Whether traveling for business, leisure or when relocating, Oakwood has remained the international leader by consistently providing outstanding quality, reliability and value. Our focus and commitment to customer service makes us easy to do business with to fulfill your temporary housing needs.
Featuring an expansive portfolio of nearly 30,000 furnished and unfurnished residences in the most desired locations throughout North America, Europe and Asia, Oakwood offers a full spectrum of housing solutions virtually everywhere to meet the demands of today's personal and business travelers. A global staff of more than 3,000 trained professionals, innovative technologies and unparalleled customer service has made Oakwood the premier choice in temporary housing solutions for nearly half a century. For more information, please visit www.Oakwood.com.
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