Labor plans FM LOB competition

The Labor Department plans to conduct a public/private competition to acquire Oracle Federal Financials software, hosting and administration, application management services,and system implementation services from a federal or commercial shared-services provider.

The competition will follow guidance from the Office of Management and Budget to move agencies to the Financial Management Line of Business, OMB’s competitive framework for FMLOB, and migration planning from the General Services Administration’s Financial Systems Integration Office (FSIO).

Labor anticipates issuing its request for proposals Jan. 15. The performance-based contract will have a one-year duration with eight one-year options.

Labor will modernize its core financial management functions by transitioning from its existing systems to a FSIO-compliant financial management shared-services provider. The department also will reduce the number of disparate, overlapping systems and data, and establish an environment that provides reliable, timely information, Labor said in its Dec. 28 posting on the Federal Business Opportunities Web site.

Labor already has significant investment in Oracle Federal Financials and wishes to maximize it. Therefore, this acquisition is restricted to shared-services providers whose offers are based on Oracle Federal Financials software. The shared-services provider should already comply with federal information security and privacy requirements by having the status of Authority to Operate from a Designated Approving Authority, and the security certification and accreditation that must accompany that status.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

Featured

  • IT Modernization
    shutterstock image By enzozo; photo ID: 319763930

    OMB provides key guidance for TMF proposals amid surge in submissions

    Deputy Federal CIO Maria Roat details what makes for a winning Technology Modernization Fund proposal as agencies continue to submit major IT projects for potential funding.

  • gears and money (zaozaa19/Shutterstock.com)

    Worries from a Democrat about the Biden administration and federal procurement

    Steve Kelman is concerned that the push for more spending with small disadvantaged businesses will detract from the goal of getting the best deal for agencies and taxpayers.

Stay Connected