Serco Inc. announced Nov. 30 that the company has been awarded a patent classification services contract with the U.S. Patent and Trademark Office and is valued at $95 million during the five-year period, if all options and award terms are exercised.
“We are extremely honored to have been selected to continue to deliver patent classification services to the U.S. Patent and Trademark Office,” Serco Inc. Chairman and CEO Dan Allen said. “Our team continues our focus on operational excellence and incorporating innovative solutions, for classification services, in the most economic and efficient manner.”
Serco will provide initial patent classification and reclassification services to support USPTO’s core mission of examining, granting and disseminating patents and trademarks. The recompete contract has a one-year base period with four one-year option periods.
Serco is responsible for reviewing, analyzing and applying classification symbols to newly submitted patent applications to assist with the USPTO examination process. Throughout the classification process, the team performs comprehensive performance management; quality assurance; information security; training; knowledge management; and IT support, engineering and development of custom software.
Serco has supported the USPTO under this program since its inception in 2006, and currently processes approximately 1,600 applications a day and more than 400,000 applications annually. Under the contract, Serco has been assisting the USPTO as it transitioned to a new international classification standard called Cooperative Patent Classification (CPC) and will continue to provide services within CPC that enables the USPTO to align and lead within the global intellectual property environment.
Work will continue to take place in Harrisonburg, Va.