Company Will Enhance Budgetary Tracking and Reporting of Agency's Health Administration and Benefits Administration Components
ARLINGTON, Va., March 31 /PRNewswire-FirstCall/ -- CACI International Inc (NYSE: CAI) announced today that it has been awarded an $11 million prime contract to support the U.S. Department of Veterans Affairs (VA) in budgetary compliance initiatives involving health and benefits administration. The contract is for one base year and three option years and was made through the GSA Answer GWAC contract vehicle. The new work will help ensure financial adherence to federal mandates through enhanced portfolio programming and management of the VA's information technology (IT) infrastructure.
To fulfill its mission, the VA allocates significant expenditures to its IT requirements for the purpose of improving services to veterans. Work through this contract will improve the agency's ability to use its IT portfolio management process to make the best possible selection of IT projects to execute and ensure those projects are properly managed in support of program priorities. This objective is in line with the VA's objectives of enhancing financial efficiency, fully complying with Office of Management and Budget mandates, and standardizing the management of information technology projects across the agency.
CACI will support all operational and technical requirements associated with the systematic analysis planning, budgeting and execution of IT investments. The company's functional core competency of program management and system engineering and technical assistance (SETA) support services will be a principal resource in fulfilling the contract. To further support VA, CACI will combine the resources of Capability Maturity Model Integration (CMMI) Level 3 and the Information Technology Infrastructure Library (ITIL)/International Standards Organization (ISO) 20000, ISO 9001:2000 best practices.
According to Bill Fairl, CACI's President of U.S. Operations, 'We're very pleased that this new work from the U.S. Department of Veterans Affairs will help this important agency strategically refine its IT infrastructure and more efficiently oversee its budget. The award enables CACI to establish ourselves at the top levels of VA.'
CACI President and CEO Paul Cofoni said, 'This award from VA is a strong vote of confidence in CACI to provide expanding services to help the agency in its mission to support our nation's veterans.
