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Monday, September 27, 2010

HUD Re-awards HIFMIP Contract

After more than three years of proposal reviews, initial award, protests, re-submissions from vendors, re-evaluations, and re-protests, HUD's Contracting Office released an Award Notice on September 24, 2010 for the HUD INTEGRATED FINANCIAL MANAGEMENT IMPROVEMENT PROJECT (HIFMIP). Contract #C-OPC-23053 was awarded to IBM Global Business Services on September 23, 2010 for a maximum total value of $213,430,963.

Industry watchers see this award as a promising sign that OMB will allow additional departments and agencies to proceed with much needed financial management modernization programs.

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