CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced two contract awards from the U.S. Patent and Trademark Office (USPTO). Under these contracts, which have a combined total potential value of US$119 million, CGI will deliver operational, maintenance and security solutions and expertise in support of the global innovation community operated by USPTO.
Under one of the awarded contracts, a 5-year Blanket Purchase Agreement (BPA) worth up to US$84 million, CGI will provide secure financial management services to USPTO to drive operational efficiency and support revenue collection through Momentum®, CGI’s industry-leading financial management, budget and acquisition software customized for federal agencies. USPTO is the first agency to use the U.S. Department of Treasury’s Financial Management Quality Service Management Office shared services marketplace to contract for CGI’s Momentum IP solution and associated services.
“With Momentum, CGI has helped USPTO achieve meaningful business outcomes over the years, including supporting its consistently clean audits and its collection of more than US$4 billion in fee revenue annually,” said Alisa Bearfield, CGI Senior Vice President for Civilian Agency operations. “Our support of USPTO financial operations demonstrates CGI's impact in the areas of technical and financial subject matter expertise, software development and end-user customer support services.”
As part of the second awarded contract, a new task order valued at US$36 million over five years under CGI’s Alliant 2 Indefinite-Delivery, Indefinite Quantity (IDIQ) contract, CGI will provide development, security and operations support of USPTO’s Certified Copy Center (CCC) and Assignment Center (CC&A) products. CGI's role will focus on modernizing systems within CC&A using cloud technology to support transactions related to certified copies of patent and trademark documents, and transfer of patent and trademark ownership. Patent and trademark holders will benefit from a modernized system that is more efficient, user-friendly and secure.
"These two new awards underscore CGI’s role as a trusted partner in delivering reliable solutions that foster innovation and help the USPTO enable economic growth,” said Stephanie Mango, CGI President, U.S. Federal Market. “CGI has supported USPTO’s digital transformation, with pivotal milestones such as the retirement of legacy systems in favor of more modern, secure and user-friendly systems. These awards reflect CGI’s commitment to enhancing operational capabilities and ensuring the efficiency and security of the USPTO's infrastructure.”
About CGI Federal
CGI Federal Inc. (CGI), a wholly owned U.S. operating subsidiary of CGI Inc., is dedicated to partnering with federal agencies to provide solutions for defense, civilian, healthcare, justice, intelligence, and international affairs missions. Founded in 1976, CGI Inc. is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and professionals across the globe, CGI Inc. delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI Inc. works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Inc. Fiscal 2023 reported revenue is CA$14.30 billion and CGI Inc.’s shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
Forward-looking information and statements
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For more information:
Mercedes Marx
Director, Media & Analyst Relations
mercedes.marx@cgifederal.com
+1 571-334-2344
