US ENVIRONMENTAL PROTECTION AGENCY SELECTS CGI FEDERAL FOR US$84 MILLION FINANCIAL SYSTEM MODERNIZATION PROJECT
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.”
The CGI Federal Momentum financial management software uses state-of-the art open Web technology standards to simplify system deployment and enable interoperability with external systems. This Web based version allows federal agencies to easily implement Momentum across their enterprise. The solution is offered as a government-certified commercial off-the-shelf product for federal agencies as well as part of a turnkey IT and business process service for federal agencies seeking new solutions under the Federal Financial Management Line of Business initiative. Over 100 U.S. federal government organizations currently use Momentum.
About CGI Federal
CGI Federal (www.cgi.com/usfederal) is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to providing effective IT solutions for federal government agencies by combining over 30 years of government experience and technology skills. 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 annualized revenue run rate stands at $3.6 billion (US$3.1 billion) and at December 31st, 2006, CGI's order backlog was $12.6 billion (US$10.9 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.
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Vice-President, Global Communications and