FedCFO Search Engine

@FedCFO Twitter Feed

Tuesday, February 13, 2007

US ENVIRONMENTAL PROTECTION AGENCY (EPA) SELECTS CGI FEDERAL FOR US$84 MILLION FINANCIAL SYSTEM MODERNIZATION PROJECT (FSMP)

Fairfax, Virginia, February 13, 2007 - CGI Federal, Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc. (CGI), (NYSE: GIB; TSX: GIB.A) today announced that the Environmental Protection Agency (EPA) has chosen CGI as the financial management shared service provider (SSP) for EPA’s Financial System Modernization Project (FSMP). The 10 year deal, valued at US$84 million, modernizes EPA’s financial system to CGI’s commercial off-the-shelf Momentum® software, and migrates EPA’s financial system IT hosting and application management to CGI as a commercial SSP under the Financial Management Line of Business (FMLoB) initiative.

“CGI is a recognized leader in solving complex problems through the application of managed services for government and commercial clients alike,” said Donna Morea, President of CGI’s U.S. operations. “Our selection by EPA is further validation of CGI’s strategy of delivering the full spectrum of business management services across technology management, application management, systems integration and consulting and business process services.”

EPA’s FSMP award to CGI culminates the first large-scale financial system procurement conducted by a CFO Act federal agency under the FMLoB. This also marks the first time a federal agency has conducted a full and open FMLoB competition across both public and private sector shared service providers, holding them to the same standards in offer evaluation. CGI, bidding its commercial off-the-shelf Momentum software, was selected over both private and public sector SSPs. EPA joins the General Services Administration (GSA), the Administrative Office for the U.S. Courts (AOUSC), and the Corporation for National and Community Service (CNCS) in awarding financial system shared services contracts to CGI over the past year. GSA, CNCS and AOUSC currently operate production Momentum systems hosted with CGI.

“EPA’s move to our Momentum financial management solution and to a hosted solution in CGI’s southwest U.S. based data center signifies both EPA’s and our own commitment to federal financial management excellence,” said Donna Ryan, Vice-President, CGI Federal. “CGI’s selection over other vendors further solidifies the CGI SSP and Momentum as the market leading FMLoB solution that best enables agencies to improve mission support, comply with federal accounting and system standards, and modernize on a large-scale with the greatest efficiency and lowest risk.”

No comments:

@FedCFO