CGI Federal selected as prime contractor for 10-year, multi-billion dollar GSA
Contract vehicle allows CGI to compete on billions of dollars in
FAIRFAX, VIRGINIA -- (Marketwired) -- 07/08/14 -- CGI Federal Inc.
(CGI) (NYSE: GIB) (TSX: GIB.A) announced today that the General
Services Administration (GSA) has chosen the company as a prime
contractor under a new contract vehicle known as One Acquisition
Solution for Integrated Services (OASIS). The multi-award contract
has an unlimited ceiling, allowing CGI to compete for billions of
dollars in complex professional services task orders across all
agencies in the U.S. federal government.
GSA oversees the business of the federal government, among other
things supplying federal purchasers with cost-effective, high-quality
products and services from commercial vendors. CGI is one of 74
awardees under OASIS, an "indefinite delivery indefinite quantity"
(IDIQ) contract that will allow awardees to compete on a range of
program management, management consulting, logistics, engineering,
scientific and financial management services. Awardees will also be
able to offer technology solutions as an ancillary service. For the
first time, agencies will be able to purchase high-value professional
services along with supporting IT solutions through a single
contract, saving customers time and money.
"We are proud of GSA's selection of CGI," said Dr. James Peake, Lt.
Gen. (Ret), President, CGI Federal. "It is a true reflection of our
successful past performance delivering high-quality professional
services to our clients. We are eager to begin implementing our
innovative solutions under the OASIS vehicle in support of all
missions across the Federal government."
OASIS will be a critical solution of choice for many government
agencies including the U.S. Air Force, who in December signed an
agreement with GSA to use the contract for professional services.
"We are looking forward to serving our clients through the OASIS
vehicle, with continued support to our U.S. military, including the
U.S. Air Force and U.S. Army" said Timothy J. Hurlebaus, CGI Federal
senior vice president and National Security and Defense Programs
business unit leader. "While the OASIS vehicle will be a vehicle of
choice across the government, we expect to be a continued partner of
choice for critical services and solutions for our clients."
CGI is among the companies that are now approved as prime contractors
under both the Alliant and OASIS vehicles - a demonstration of the
company's ability to deliver a full range of IT and professional
services to our clients.
About CGI Federal Inc.
CGI Federal Inc. is a wholly-owned U.S. operating subsidiary of CGI
Group Inc., dedicated to partnering with federal agencies to provide
solutions for defense, civilian, and intelligence missions. Founded
in 1976, CGI Group Inc. is the fifth largest independent information
technology and business process services firm in the world.
Approximately 68,000 professionals serve thousands of global clients
from offices and delivery centers across the Americas, Europe and
Asia Pacific, leveraging a comprehensive portfolio of services
including high-end business and IT consulting, systems integration,
application development and maintenance, infrastructure management as
well as a wide range of proprietary solutions. With annualized
revenue in excess of C$10 billion and an order backlog exceeding C$19
billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
CGI Forward-Looking Statements
All statements in this press release that do not directly and
exclusively relate to historical facts constitute "forward-looking
statements" within the meaning of that term in Section 27A of the
United States Securities Act of 1933, as amended, and Section 21E of
the United States Securities Exchange Act of 1934, as amended, and
are "forward-looking information" within the meaning of Canadian
securities laws. These statements and this information represent
CGI's intentions, plans, expectations and beliefs, and are subject to
risks, uncertainties and other factors, of which many are beyond the
control of the Company. These factors could cause actual results to
differ materially from such forward-looking statements or
forward-looking information. These factors include but are not
restricted to: the timing and size of new contracts; acquisitions and
other corporate developments; the ability to attract and retain
qualified members; market competition in the rapidly evolving IT
industry; general economic and business conditions; foreign exchange
and other risks identified in the press release, in CGI's annual and
quarterly Management's Discussion and Analysis ("MD&A"), in CGI's
Annual Report, in CGI's Annual Report on Form 40-F filed with the
U.S. Securities and Exchange Commission (filed on EDGAR at
www.sec.gov), and in the Company's Annual Information Form filed with
the Canadian securities authorities (filed on SEDAR at
www.sedar.com), as well as assumptions regarding the foregoing. The
words "believe," "estimate," "expect," "intend," "anticipate,"
"foresee," "plan," and similar expressions and variations thereof,
identify certain of such forward-looking statements or
forward-looking information, which speak only as of the date on which
they are made. In particular, statements relating to future
performance are forward-looking statements and forward-looking
information. CGI disclaims any intention or obligation to publicly
update or revise any forward-looking statements or forward-looking
information, whether as a result of new information, future events or
otherwise, except as required by applicable law. Readers are
cautioned not to place undue reliance on these forward-looking
statements or on this forward-looking information.
Senior Vice-President, Global Communications
and Investor Relations
Vice-President, Global Communications
Press spacebar to pause and continue. Press esc to stop.