Home Business Information

WHEN THE DEPARTMENT OF ENERGY DECIDED TO offload its entire IT infrastructure to a third-party vendor, William Ted jumped at the chance to prove himself worthy of the project. And though he was a former software writer for the DOE, this 41-year-old chairman and CEO of Washington, D.C.-based 1 Source Consulting Inc. didn't have an easy time snagging the contract.

"I'm a believer in risk and reward, so I stepped out of my comfort zone and went for it," recalls Ted. For several months in 2003, his firm was among 100 that were interviewed for the task. Working in his favor was a DOE initiative to include more small businesses in its vendor base and a joint venture formed with Washington-based RS Information Systems Inc. (No. 13 on the BE INDUSTRIAL/SERVICES 100 list with $360 million in sales), which was already successfully fulfilling other contracts for the agency.

Together, 1 Source Consulting and RSIS formed Energy Enterprise Solutions. Its first charge was raising the millions of dollars it would take to fulfill the seven-year contract, which involves providing cyber security, telecommunications, application development, helpdesk support, and network services to the DOE.

# posted by Medical Information : 6:12 AM