Oracle lands order for Transcom financials
- By Frank Tiboni
- Jul 01, 2005
The Air Force has awarded a $22.7 million task order to Oracle for commercial software to build a new accounting and finance system for U.S. Transportation Command (Transcom), which oversees the transport of troops and equipment for the military.
The Defense Enterprise Accounting and Management System (DEAMS) will update Transcom’s general funds and working capital funds processes, create an enterprise view for financial data and improve information accuracy. Officials in Transcom, the Air Force and the Defense Financial Accounting Service are partners in the initiative, according to a June 30 statement from the Air Force’s Electronic Systems Center.
DEAMS will be based on Oracle’s Joint Financial Management Improvement Program qualified E-Business financial and accounting software solution. Under the order, the military will procure 60 developer licenses, 26,650 production licenses, four one-year priced optional maintenance periods and training, said the Air Force statement.
Air Force officials awarded a firm-fixed price task order for DEAMS. They used the Defense Department’s Enterprise Solutions Initiative blanket purchase agreement under the General Services Administration schedule, said the statement.
With the award to Oracle for software, Air Force officials will now look for a systems integrator for DEAMS. They will use the same contract to select an integrator of the company’s software and plan to award that order later this year, said the statement.
The winning integrator will first build DEAMS at Transcom headquarters at Scott Air Force Base, Ill., then across all the command’s organizations with other DOD agencies expected to connect. An initial system capability will occur by December 2006, said the statement.
The award for DEAMS marks the second crucial financial systems’ contract awarded in the military this week. Army officials awarded a 10-year contract worth up to $537 million to Accenture for the service’s General Fund Enterprise Business System.