IBM Awarded $74.4M Contract to Upgrade Federal Procurement System
IBM says the General Services Administration has awarded the company a $74.4 million contract to modernize the U.S. government's acquisition and procurement system.IBM announced Feb. 18 that the U.S. General Services Administration has awarded the company a $74.4 million contract to modernize the federal government's acquisition and procurement system. The contract, which will run over an eight-year period, calls for IBM to "modernize the system that federal agencies and their suppliers use to source equipment, supplies, information technology (IT) and telecommunications services," the company said in a news release.
Essentially, "IBM will work with the GSA to design and develop a standard IT architecture that will support the agency's Integrated Acquisition Environment (IAE), which is used by hundreds of thousands of civilian and defense employees, as well as companies doing business with the federal government and other interested parties. The project will include the integration of nine key GSA applications into a single system-based on open-source software-designed to simplify the entire acquisition and procurement process. This integration will allow the GSA to provide a one-stop online resource where federal agencies and suppliers can access information ranging from approved products and services and existing GSA contracts to contractor registrations and certifications, project reports, and federal business opportunities."