The U.S. Railroad Retirement Board (RRB) has
awarded a multiple and option year contract valued at just over $21 million to
replace and update its financial management information system (FMIS). The
agency awarded the contract to CGI Federal, a wholly owned subsidiary of CGI, an
international firm specializing in information technology and business process
services that has more than 35 years' experience supporting Federal agencies.
The RRB's new FMIS will be the agency's core
system for budget formulation and execution, procurement, payment and receivable
management, general ledger management, debt collection and external reporting.
The new system uses web-based technology, which makes it more intuitive and user
The RRB will implement CGI's Momentum platform
to provide enhanced functionality and performance in its financial management
system. It will be replacing the Federal Financial System (FFS) platform, which
was developed by American Management Systems, a company acquired by CGI in 2004.
The RRB has used various versions of FFS, a mainframe-based system, for about 25
Momentum is a commercial off-the-shelf
software package that is widely used in the Federal sector, and it complies with
requirements of the Office of Management and Budget and the U.S.
Department of the Treasury. CGI has overseen more than 80 successful
implementations of Momentum for Federal agencies in the last 7 years. The hosted
system will be installed for the RRB during the coming year, with a planned
go-live date of October 1, 2013, which means it will be operational for fiscal
Under the contract, CGI will perform
implementation, including migration and integration, as well as systems
operation and hosting services for the RRB for a period not to exceed 11 years.
Implementation costs during fiscal year 2013 will total about $3.3 million, with
annual operations and maintenance costs spread out over the balance of the
In announcing the contract award, RRB Chief
Financial Officer George Govan said, "Our goal for this effort is to modernize
the agency's financial management with a current cloud-based solution that
improves efficiency in data entry, storage, and processing while reducing
manual, labor-intensive business processes. In addition, the new system will
improve the accessibility and quality of our financial information."
The effort to select the contractor and
software solution started in 2010 with an assessment of the current FFS system.
Staff from throughout the agency was involved in this pre-migration phase, which
included specifying requirements for the new system and supporting the
procurement effort. The RRB issued a request for proposals in May 2012. Upon
receipt of the proposals, a cross-functional team evaluated the proposed
software solutions while a technical panel interviewed clients of the proposers.
The RRB previously entered into a contract with KPMG LLP in September 2011 to
provide technical assistance services in the areas of migration planning and
systems acquisition activities for the hosted FMIS solution.
An independent Federal agency headquartered in
Chicago, the RRB administers benefit programs totaling more than $11 billion
annually under the Federal Railroad Retirement and Unemployment Insurance Acts
for the nation's railroad workers and their families.
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