U.S. Nuclear Regulatory Commission Awards CGI Federal Five-Year Contract for Financial System Modernization
CGI Federal, a subsidiary of CGI Inc. (NYSE: GIB), has secured a 5-year, indefinite-delivery, indefinite-quantity (IDIQ) contract valued at up to $40 million with the U.S. Nuclear Regulatory Commission (NRC). The contract will enable ongoing support for NRC's financial management systems, particularly utilizing CGI Federal's Momentum® ERP solution. This partnership aims to enhance transparency and efficiency in NRC operations, aligning with evolving federal financial mandates. Notably, CGI reported fiscal 2022 revenues of $12.87 billion.
- Awarded a 5-year contract with a total value of up to $40 million.
- Continued partnership with NRC enhances financial management efficiency.
- None.
FAIRFAX, Va., March 14, 2023 /PRNewswire/ -- CGI Federal, the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), announced today that it has been awarded a 5-year, indefinite-delivery, indefinite quantity (IDIQ) contract with a total contract value of up to
"Over the past decade CGI Federal has worked with NRC to continuously evolve its financial management operations in response to business needs," said Stefan Becker, Senior Vice-President and Regulatory Agencies Business Unit Lead at CGI Federal. "NRC entrusted CGI Federal to move its financial management system to the public cloud years ago, making the agency one of the earliest adopters of cloud for its ERP systems. Today, Commission professionals can access information from NRC's entire financial operation via this single, cloud-based, agency-wide system."
CGI Federal will continue to provide NRC's Office of the Chief Financial Officer with a holistic, managed services ERP solution that is responsive to NRC's unique mission and processes; enabling the Commission to achieve transparency, accountability, and efficiency across its operations while meeting evolving federal financial mandates. Established as an independent regulatory agency in 1975, NRC licenses and regulates civilian use of nuclear energy to protect public health and safety and the environment.
"CGI Federal's continued support allows the efficient and timely operation of agency-wide financial management processes and empowers NRC to execute against its critical public environmental and safety goals," said Vishal Ranjan, Vice President, Consulting Services for CGI Federal. "We are proud to continue our partnership with NRC and provide support for their ongoing technology evolution and modernization."
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, justice, intelligence, and international affairs missions. Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,250 consultants and 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 2022 reported revenue is
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SOURCE CGI Federal, Inc.
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