Oct 5, 2010

$2.8 Billion Contract For Accenture

From a press release:

The U.S. Social Security Administration (SSA) has selected Accenture (NYSE: ACN) as a prime contractor under the Information Technology Support Services Contract (ITSSC) that will be used to acquire a wide range of IT systems development and modernization services. The ITSSC includes a one-year base period plus six additional one-year options with an aggregate ceiling valued at $2.8 billion.

Under the contract, Accenture will implement emerging technology applications designed to improve SSA’s service delivery capabilities to current beneficiaries and future retirees. Task orders issued under the contract may request services such as evaluating ways to integrate data from health records more seamlessly, expanding Web and social media to enhance user accessibility, and applying predictive models and analytics capabilities to SSA’s business.

Accenture is a spinoff of Arthur Andersen, an accounting firm. Accenture was incorporated originally in Bermuda and is now incorporated in Ireland. Its headquarters are now in New York. It is a multinational consulting company with 200,000 employees.


Anonymous said...

Anderson was the company that was responsible for a huge IT boondoggle in Ohio. Job & Family Services gave them a no-bid K to update their child support system. They got the K and then hired the JFS Director shortly thereafter as a "consultant" at 10K per month. The system never worked and cost the taxpayers millions of dollars. I can't believe they are still in business.

Anonymous said...

This news release is very misleading....Accenture got only a part of this potential contract and not the full potential amount.

It went to 4 vendors.....and the bulk of the money goes to Lockheed Martin....