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Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:36 EDTGIBCGI Group selected as prime contractor for GSA OASIS contract
CGI Federal announced that the General Services Administration, or GSA, has chosen the company as a prime contractor under a new contract vehicle known as One Acquisition Solution for Integrated Services, or 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, or 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.
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October 15, 2014
07:35 EDTGIBCGI Group awarded C$69M by city of Oslo
CGI has been awarded a C$69M contract by the Agency for Education, or UDE, in the City of Oslo to modernize a large information and communications technology, or ICT, system used by the city's public schools. The new system will support more than 90,000 students and teachers in all of Oslo's 172 public schools and learning centers, as well as external stakeholders such as the parents of students. The new contract will run for six years with the opportunity to extend the contract for two more years. CGI will modernize a large system in current use to achieve the city's main objective of having a cloud-based system that addresses all school operational, teaching, communication and collaboration needs.

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