Work begins on $79 million Commerce IT project

Work begins on $79 million Commerce IT project

The Commerce Department has kicked off work on a $79-million, five-year contract to upgrade its financial systems.

Systalex Corp. and subcontractor Accenture Ltd. won the contract in July for the Commerce Financial and Enterprise Business Systems.

The Rockville, Md., small business has been working along with several contractors on CFEBS projects since 1994, Systalex president and CEO Weipo Liao said. Under the follow-on contract, Systalex is the prime contractor for the indefinite-delivery, indefinite-quantity deal to modernize the department's financial IT.

Since the award, the department and vendors have been shifting work from the multiple vendors to the new Systalex-Accenture team. Now, the upgrade effort is beginning.

Commerce wants to extend the life of CFEBS by linking parts of it to the Web, said Ron Smith, the company's vice president for enterprise financial solutions. The system handles the flow of financial information including procurement, contract, purchase order and payment data for all Commerce agencies.

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