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CGI Federal Becomes 1st Approved Commercial Provider for New Treasury Marketplace; Kenyon Wells Quoted

CGI Federal Becomes 1st Approved Commercial Provider for New Treasury Marketplace; Kenyon Wells Quoted - top government contractors - best government contracting event

CGI Federal has been approved to deliver financial management services within the Department of the Treasury’s new Financial Management Quality Service Management Office.

The authorization makes CGI Federal the first commercial organization permitted to offer services in the new shared services marketplace, the Fairfax, Virginia-based company said Tuesday.

“We are proud to help clients across the federal enterprise benefit from flexible options when it comes to planning financial system modernizations, sustaining current operations and leveraging financial management expertise,” said Kenyon Wells, senior vice president of CGI Federal’s consulting, applications, solutions and technology practice.

The FS QSMO marketplace is intended to serve as a centralized broker of both public and private sector products for federal agencies spanning technology support for core financial systems, financial management services and the Treasury Bureau of the Fiscal Service products and services.

Upon entering the marketplace, CGI Federal’s initial offerings will include select service packages for grant accounting services, core financial systems agency operations and maintenance support, strategic planning and investment business case development and financial management organizational change management.

“We are excited to partner with the government to create streamlined, transparent operations to enable agencies to remain effective stewards of vital public resources,” expressed Kerry Canfield, vice president of CGI Federal’s CAST sector.

Earlier this month, the Treasury’s Bureau of the Fiscal Service stated that this authorization is an “important milestone that signifies continued progress in establishing the FM QSMO Marketplace.”

The approval follows the company’s previous work with the department, which began in 2019 as CGI worked alongside it to develop new standards for G-Invoicing mandates with a goal of automating its processes. 

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Written by Ireland Degges

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