"International Business Machines Corp. won a seven-year contract worth as much as $150 million to modernize and consolidate the Justice Department's financial management and procurement systems, the company plans to announce today.
Under the United Financial Management System contract, which has a base year and six one-year options, the company will combine six systems into one.
IBM will install components including modules for core accounting/general ledger, financial management reporting, payment management, receivables management, funds management, cost management and procurement. The system will be based on Momentum software from CGI-AMS Inc. of Fairfax.
The Unified Financial Management System calls for a rollout in phases. The Justice Department's total budget for the project is $200 million.
In addition to CGI-AMS, IBM's teammates on the contract include BEA Systems Inc. of San Jose; BearingPoint Inc. of McLean; Comso Inc. of Greenbelt; Delta Solutions & Technologies Inc. of Herndon; Nortel PEC Solutions Inc. of Fairfax; Unisys Corp. of Blue Bell, Pa.; Codesoft International Inc. of Atlanta; and Collins Consulting Inc. of Schaumberg, Ill."