ExecutiveBiz Covers emerging companies in Washington's government contracting sector. 
CGI Federal has won a Centers for Medicare & Medicaid Services contract worth up to $93.7 million to build a health insurance exchange that is federally-facilitated, the company announced today.
The contract to build Federal Exchange was awarded by CMS’ Center for Consumer Information and Insurance Oversight. It has a two-year base value of $55.7 million with three one-year options.
CGI said the exchange is required underneath a provision in the Affordable Care Act which mandates a new competitive health insurance marketplace for states and territories.
The company said it will work with the CCIIO on the exchange, which is intended to extend insurance coverage to an additional 34 million Americans. It will help more citizens “shop and obtain” healthcare, said Cheryl Campbell, senior vice president of CGI.
