TREASURY DEPARTMENT

Octo Consulting wins $11M BPA to support D.C. pension systems

BPA will last five years

Octo Consulting Group has won a five-year, $11 million blanket purchase agreement to support the IT systems at the Treasury Department’s Office of D.C. Pensions.

Under the BPA, Octo will support a range of mission critical human resources and pensions applications that manage, administer and deliver over $630 million in annual benefits payments to around 14,000 retired employees of Washington, D.C., the company said in a release.

The Office of D.C. Pensions is responsible for making timely and accurate benefit payments associated with Washington, D.C., retirement programs for all of its retired police officers, firefighters, teachers and judges.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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