Commonwealth of Virginia awards long-term contract to CGI for transformation of eVA procurement system

Rhea-AI Summary

CGI has secured a contract with the Virginia Department of General Services to enhance its eVA procurement system. This award-winning platform, which has processed 12.6 million orders worth $127 billion since its launch in 2001, will undergo modernization to improve user experience and supplier services. The enhancements include better catalog maintenance, smarter workflow functions, and increased collaboration capabilities. As a result, CGI aims to drive innovation and operational efficiencies, further establishing eVA as a leader in government eProcurement.

Positive

• Secured a long-term contract with Virginia DGS for eVA enhancements.
• eVA processed 12.6 million orders worth $127 billion, indicating strong usage.
• Expected operational efficiencies and increased savings for the Commonwealth.
• Improvements include better supplier services and user experience.

Negative

• None.

Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom

Nation's leading e-procurement system enlists CGI
for vital enhancements under eVA program

FAIRFAX, Va., Feb. 23, 2021 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) announced it has been awarded a contract by the Virginia Department of General Services (DGS) to support transformational enhancements to the Commonwealth's eVA program. eVA is an award-winning procurement system that provides a centralized, online purchasing hub for state and local agencies and more than 112,000 approved vendors who provide essential goods and services. CGI was selected by DGS to modernize the eVA platform with next-generation technologies, tools and capabilities that will keep step with the Commonwealth's evolving business goals.

The new contract includes the transition to more user-friendly and cutting-edge procurement and reporting tools for state and local government users, businesses that supply goods and services, and public users who want to understand what public bodies are purchasing. As part of the new contract, CGI will deliver:

• An enhanced shopping experience, including better catalog maintenance and buyer tools
• Improved supplier services, such as electronic order delivery, contracts, catalogs and improvement plans
• Enhanced collaboration between users and suppliers
• Increased standardization across functions to make it easier to use
• New smart routing and workflow functions to increase process efficiency.

This year the eVA program celebrates 20 years of leadership and innovation in government procurement. Since launching in 2001, eVA has processed 12.6 million purchase orders worth US$127 billion, and has saved the Commonwealth US$25 million per year. The system currently serves 245 state agencies and more than 1,000 local jurisdictions. eVA has also provided emergency procurement information related to the COVID-19 pandemic response, connecting vendors and suppliers with state purchasing contracts.

"CGI is excited to extend our partnership with the Department of General Services, where together we will implement a new, market-leading, unified platform with a modern user experience for procurement functions based on a highly flexible and configurable model," said Lynne Bushey, CGI Senior Vice-President and U.S. Mid-Atlantic Business Unit Leader. "The Commonwealth will realize increased savings and operational efficiencies by further driving the innovation that has positioned eVA as the national leader in government eProcurement for nearly two decades."

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 76,000 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. CGI Fiscal 2020 reported revenue is C$12.16 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

View original content:http://www.prnewswire.com/news-releases/commonwealth-of-virginia-awards-long-term-contract-to-cgi-for-transformation-of-eva-procurement-system-301233343.html

SOURCE CGI Inc.

FAQ

What did CGI announce on February 23, 2021?

CGI announced it was awarded a contract by the Virginia Department of General Services to enhance the eVA procurement system.

How will the eVA procurement system be improved?

The improvements will include enhanced catalog maintenance, smarter workflow functions, and better supplier services.

What is the significance of the eVA program?

eVA has processed $127 billion in purchase orders and saved the Commonwealth $25 million annually.

What does CGI aim to achieve with the eVA enhancements?

CGI aims to drive innovation, increase operational efficiencies, and maintain eVA's leadership in government eProcurement.

What is the stock symbol for CGI?

CGI is traded under the stock symbol 'GIB' on the NYSE.