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The new system standardizes contract writing
enterprise-wide
FAIRFAX,
Va., June 7, 2022 /PRNewswire/ - CGI (NYSE:
GIB) (TSX: GIB.A) announced the successful implementation of the
cloud-based CGI Federal's Momentum® Acquisitions contract-writing
system at the U.S. Department of Veterans Affairs (VA). This third
implementation of the VA's Financial Management Business
Transformation (FMBT) program at the National Cemetery
Administration also marks a major milestone in the modernization of
VA's business systems. For the first time, financial and
acquisition functionality are fully integrated into the Integrated
Financial and Acquisition Management System (iFAMS).
This important achievement was accomplished through a joint
effort of the VA's FMBT program office; the Office of Information
Technology; the Office of Acquisitions, Logistics, and
Construction; a dedicated working group of agency contracting
professionals; and CGI Federal, the lead systems integrator for the
FMBT program. The vision of the FMBT program is to provide
the VA with a modern financial and acquisition management solution
with transformative business processes and capabilities that enable
the VA to meet its goals and objectives in compliance with
management legislation and directives. The transformation effort
will increase the transparency, accuracy, timeliness, and
reliability of financial and acquisition information, resulting in
improved fiscal accountability to taxpayers and offering a
significant opportunity to improve services to those who serve our
Veterans. iFAMS also improves operational scalability and
strengthens security which enables the VA to quickly respond to
changing priorities.
"CGI Federal is pleased to partner with the FMBT program and
with VA contracting professionals to develop a standard contract
writing approach for the VA enterprise," said Alisa Bearfield, Senior Vice President at CGI
Federal. "Along this journey, the team gained valuable insights for
future enhancements to the Momentum® Acquisitions
solution to better serve the acquisition professionals who serve
our veterans."
The implementation of CGI Federal's
Momentum® Acquisitions system for the VA's National
Cemetery Administration is the first step in the transformation and
automation of the contract writing lifecycle. The VA's vision is to
complete this transformation for 5,000 contracting professionals
across Administrations and to have the acquisitions users join
financial management users in a single, consolidated system. The
next iFAMS wave is scheduled to go live in October 2022 and includes most Headquarter Staff
Offices. FMBT will then continue its incremental rollout of iFAMS
to the remaining VA Administrations and Staff Offices.
About CGI Federal
CGI Federal Inc., a wholly-owned U.S. operating subsidiary of
CGI Inc., is dedicated to partnering with federal agencies to
provide solutions for defense, civilian, healthcare and
intelligence missions. Founded in 1976, CGI is among the largest IT
and business consulting services firms in the world. With 84,000
consultants and other professionals across the globe, CGI delivers
an end-to-end portfolio of capabilities, from strategic IT and
business consulting to systems integration, managed IT and business
process services and intellectual property solutions. CGI works
with clients through a local relationship model complemented by a
global delivery network that helps clients digitally transform
their organizations and accelerate results. With Fiscal 2021
reported revenue of C$12.13 billion,
CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn
more at cgi.com.
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content:https://www.prnewswire.com/news-releases/cgi-federals-momentum-acquisitions-contract-writing-system-goes-live-at-the-us-department-of-veteran-affairs-301562580.html
SOURCE CGI Inc.