The U.S. Securities and Exchange Commission (SEC) ONE IT contract is a Multiple-Award, Indefinite Delivery/Indefinite Quantity (MAIDIQ) with a total estimated value of $2.5 billion. One IT is a strategic sourcing vehicle with a five-year performance period and a five-year extension option. Through ONE IT, the SEC Office of Information Technology (OIT) has a streamlined process to procure integrated IT solutions to support its evolving business needs, with the flexibility to perform all current, leading-edge, and emerging IT services.