CGI Signs 3 Year, US$40 Million Contract with the State of Louisiana for Road Home Program IT Services and Disaster Management
CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, today announced a partnership with the State of Louisiana, Division of Administration, Office of Community Development/Disaster Recovery Unit (OCD/DRU) to deliver IT operations and service management to support Louisiana’s ongoing Road Home Program. The contract, valued at US$40 million, was signed during CGI's second quarter and will run for three years.
To successfully manage the complex series of IT interactions that support the Road Home program, the CGI team will deliver application maintenance, user support, data warehouse services and reporting, as well as disaster recovery and continuity of operations planning. The CGI team includes Sparkhound and Blue Streak Technologies as local Baton Rouge based partners. The Road Home Program was established in the wake of Hurricanes Katrina and Rita to provide financial assistance to property owners and is the largest single housing recovery program in U.S. history.
“CGI brings the solid IT management foundation, industry-standard practices, and policy domain knowledge required to increase the efficiency and effectiveness of the IT services supporting the Road Home program,” said Paul Rainwater, Executive Director of the Louisiana Recovery Authority and the Office of Community Development. “Our commitment to homeowners has not waivered and CGI has the capacity and experience needed to help us meet our goals going forward.”
“CGI is committed to a true partnership with the State to help manage the complexities and competing demands inherent in managing IT services for the nation’s largest housing recovery program, " said Nazzic Turner, General Manager and Senior Vice-President, CGI. Together, we will ensure seamless support to the Road Home Program.”
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 25,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $4.0 billion and at December 31, 2008, CGI's order backlog was $11.4 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: www.cgi.com.
Forward- Looking Statements
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Vice-President, US Communications