CGI gets $29 million financial services hosting contract from GSA

CGI Federal will host the agency's new version of the Integrated Financial System

The General Services Administration plans to transition its financial management system to a new platform designed to streamline transaction processing, GSA officials announced today.

CGI Federal Inc. won the $29 million, five-year contract to provide managed hosting services for GSA’s financial management system. Under the contract awarded by the agency's Chief Financial Officer Office, CGI will transition GSA to a new system that is also designed provide greater capacity, GSA officials said.

The new system seeks to reduce the number of physical servers currently used to for financial transaction processing, and is designed to increase GSA’s capacity to support new billing and accounts receivable functions, according to GSA.

The system will be housed in CGI’s security data center. The system is based on CGI’s Momentum Financials software, according to the company.

Under contract, CGI will continue to provide Momentum hosting services for Pegasys, GSA’s financial management shared service for federal agencies. CGI will also provide hosting for the recently awarded Billing and Accounts Receivable project, according to GSA.

About the Author

Doug Beizer is a staff writer for Federal Computer Week.

The Fed 100

Read the profiles of all this year's winners.

Featured

  • Shutterstock image (by wk1003mike): cloud system fracture.

    Does the IRS have a cloud strategy?

    Congress and watchdog agencies have dinged the IRS for lacking an enterprise cloud strategy seven years after it became the official policy of the U.S. government.

  • Shutterstock image: illuminated connections between devices.

    Who won what in EIS

    The General Services Administration posted detailed data on how the $50 billion Enterprise Infrastructure Solutions contract might be divvied up.

  • Wikimedia Image: U.S. Cyber Command logo.

    Trump elevates CyberCom to combatant command status

    The White House announced a long-planned move to elevate Cyber Command to the status of a full combatant command.

  • Photo credit: John Roman Images / Shutterstock.com

    Verizon plans FirstNet rival

    Verizon says it will carve a dedicated network out of its extensive national 4G LTE network for first responders, in competition with FirstNet.

  • AI concept art

    Can AI tools replace feds?

    The Heritage Foundation is recommending that hundreds of thousands of federal jobs be replaced by automation as part of a larger government reorganization strategy.

  • DOD Common Access Cards

    DOD pushes toward CAC replacement

    Defense officials hope the Common Access Card's days are numbered as they continue to test new identity management solutions.

Reader comments

Thu, Jun 7, 2012

what is the status of this transition?

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

More from 1105 Public Sector Media Group