BearingPoint wins financial system work from Interior

BearingPoint Inc. of McLean, Va., will build a new financial and business management system for the Interior Department under a contract worth $124.9 million over 10 years, if all options are exercised.

Interior Department officials announced the contract award Thursday, saying that it was their highest priority among new IT systems.

The system will integrate financial management, acquisition, property management, grants administration and other subsidiary systems into one used departmentwide. The department has 16 financial management systems, and its administrative processes also will be revamped, according to department officials.

Implementing the system "is a key to the department's modernization of its financial and business management processes and operations," said Lynn Scarlett, assistant secretary for policy, management and budget at Interior.

The new system will offer accurate and timely information that will enable Interior employees to make better decisions about their programs, according to department officials. Interior employs about 70,000 people at 2,400 locations nationwide.

The improvements will allow for more efficient input and retrieval of data, ensuring unqualified audit opinions, according to the department.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.