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CGI Group INC.
CGI Announces US$135 Million Award from Centers for Medicare & Medicaid Services to Maintain and Enhance Medicare Advantage & Part D Systems
April 5th, 2009
CGI Federal, Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc., (NYSE: GIB; TSX: GIB.A) announced that it was awarded the Medicare Advantage & Part D (MA & Part D) Maintenance and Enhancement Services contract by the Centers for Medicare & Medicaid Services (CMS). The award, which was made under CMS' Enterprise Systems Development (ESD) IDIQ contract, is valued at US$135 million over five and one half years if all optional components are exercised. "The Medicare Advantage & Part D systems are central to CMS's mission to support millions of Medicare beneficiaries," said George Schindler, President, CGI Federal. "CGI is proud to continue our strong...
Source: Pharma Investments, Ventures & Law Weekly (2009-04-05)
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