HUD turns to MIL for financial management help

MIL Corp. won a multiyear contract potentially worth more than $5.5 million from the Department of Housing and Urban Development to help the agency develop requirements for its integrated financial management improvement project, the company said Thursday.

MIL will help establish evaluation criteria for a commercial off-the-shelf solution and for a recommendation on enterprise acquisition and implementation strategies. The company will analyze requirements for budget execution, funds control, commitments/reservations, obligations, accounts payable and receivable, costs and financial reporting.

When fully implemented, HUD's project will be the agency's first single financial system that will allow transactions between HUD partners, integrate front-end and back-end business processes, ensure compliance with government regulations and strengthen financial control, MIL said.

Based in Bowie, Md., MIL is a privately held company that provides professional management and technical support services to federal agencies and commercial clients. It employs 340 workers.

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
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. 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.