CGI Federal Inc, a unit of
CGI Group, Inc.
), announced its selection as a prime contractor in a multi-billion
dollar contract awarded by the General Services Administration
(GSA). The contract will allow CGI Federal to participate in an
unlimited number of professional services contracts.
The contract was granted under a new vehicle known as One
Acquisition Solution for Integrated Services (OASIS). This will
enable federal agencies to procure high-value professional services
along with supporting information technology (IT) solutions under a
single contract, saving time and money.
CGI Federal is one of the 74 awardees of the "indefinite delivery
indefinite quantity" (IDIQ) contract. Under the multi-award
contract, the company will be able to compete for billions of
dollars in complex, professional services task orders for the U.S.
The task orders will cover projects for program management,
logistics, engineering, consulting, scientific and financial
services across all U.S. governmental agencies. They will also
include IT solutions as an ancillary service.
Montreal-based CGI Group is now approved as prime contractor under
both the Alliant and OASIS vehicles of the federal government.
OASIS will prove to be a vital solution for many government
agencies including the U.S. Air Force, U.S. Army and the U.S.
military. Notably, in Dec 2013, the U.S. Air Force signed an
agreement with GSA to use the contract for professional services.
CGI Group had developed the problem-plagued federal health
insurance exchange website last year. The program's online clearing
house HealthCare.gov failed to effectively manage the tasks of
financial data processing for the applicants, thus preventing
people from signing up for health insurance under the Affordable
It took two months to straighten out the mess, after which CGI
Group was replaced by
) as prime contractor of HealthCare.gov in last Jan.
CGI Group currently holds a Zacks Rank #2 (Buy). Other notable
companies in the computer services industry are
), sporting a Zacks Rank #1 (Strong Buy) and
Lionbridge Technologies Inc.
) holding a Zacks Rank #2.
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