CGI awarded US$43 million contract to update GSA's billing and accounts receivable system
April 07 2009 - 8:30AM
PR Newswire (US)
Stock Market Symbols GIB.A (TSX) GIB (NYSE) FAIRFAX, VA, April 7
/PRNewswire-FirstCall/ -- CGI Federal, Inc., a wholly-owned U.S.
operating subsidiary of CGI Group Inc., (NYSE: GIB; TSX: GIB.A)
announced today that it has been selected by the General Services
Administration (GSA) to update the agency's legacy billing and
accounts receivable modules. Full life cycle services and
infrastructure hosting are included in this five-year contract,
valued at over US$43 million. The foundation of CGI's solution for
the GSA Billing and Accounts Receivable (BAAR) initiative is a
sophisticated billing engine designed and built specifically for
federal billing processes. Included will be a suite of Web services
that will integrate this solution with partnering applications
using Services Oriented Architecture (SOA). GSA trading partners
will have the ability to access the solution via a web-based bill
presentment function that complements GSA's existing implementation
of CGI's Momentum(R) software. Upon implementation, BAAR will have
approximately 1,100 GSA users and 5,000 customers completing 1.5
million transactions per month. "CGI is committed to support GSA's
mission of excellence in the business of government," said CGI
Federal President George Schindler. "This award is recognition of
CGI's continued leadership in providing managed services to the
federal government using our Momentum financial management system."
About CGI Federal CGI Federal (http://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 the
United States, Canada, 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: http://www.cgi.com/.
DATASOURCE: CGI GROUP INC. CONTACT: Investors: Lorne Gorber,
Vice-President, Global Communications and Investor Relations, (514)
841-3355, ; Media: Peter Cutler, Director, Communications, (703)
227-6933,
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