Press Release: CGI Federal’s Momentum® Acquisitions contract writing system goes live at the U.S. Department of Veterans Affairs

“CGI announced the successful implementation of the cloud-based CGI Federal’s Momentum® Acquisitions contract-writing system at the U.S. Department of Veterans Affairs (VA). This third implementation of the VA’s Financial Management Business Transformation (FMBT) program marks a major milestone in the modernization of VA’s business systems. For the first time, financial and acquisition functionality are fully integrated into the Integrated Financial and Acquisition Management System (iFAMS).”

“This important achievement was accomplished through a joint effort of the VA’s FMBT program office; the Office of Information Technology; the Office of Acquisitions, Logistics, and Construction; a dedicated working group of agency contracting professionals; and CGI Federal, the lead systems integrator for the FMBT program. The vision of the FMBT program is to provide the VA with a modern financial and acquisition management solution with transformative business processes and capabilities that enable the VA to meet its goals and objectives in compliance with management legislation and directives. The transformation effort will increase the transparency, accuracy, timeliness, and reliability of financial and acquisition information, resulting in improved fiscal accountability to taxpayers and offering a significant opportunity to improve services to those who serve our Veterans. iFAMS also improves operational scalability and strengthens security which enables the VA to quickly respond to changing priorities.”

“‘CGI Federal is pleased to partner with the FMBT program and with VA contracting professionals to develop a standard contract writing approach for the VA enterprise,’ said Alisa Bearfield, Senior Vice President at CGI Federal…”

Read the full press release here.

Source: CGI Federal’s Momentum® Acquisitions contract writing system goes live at the U.S. Department of Veterans Affairs – June 7, 2022. CGI.

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