Unedited news and product information from vendors.
CGI and Oakland Housing Authority Renew Contract
Sep 24, 2007 (08:09 AM EDT)
FAIRFAX, VA, Sept. 24 /PRNewswire-FirstCall/ - CGI Group Inc. and The Oakland (Calif.) Housing Authority (OHA) today announced a one-year contract renewal estimated at US$8.5 million for business process outsourcing to serve the U.S. Department of Housing and Urban Development (HUD) in Northern California.
The award is a renewal of a partnership between OHA and CGI that began in 2004. Under the initial contract with OHA, CGI provided start-up, contract administration and payment services for site-based multi-family housing assistance payments.
CGI is responsible for more than 25 percent of the housing portfolio across the U.S. administered under HUD's multi-family housing program. In addition to its contract with OHA to serve Northern California, CGI administers contracts in the states of Ohio, Florida, New York, and in Washington D.C. Housing assistance payments processed total more than US$1.5 billion annually, making CGI the largest HUD processor of its kind in the U.S.
"In our initial contract, we selected CGI because of its track record in helping other housing authorities reach their goals," said Jon Gresley, Executive Director, OHA. "We are renewing our contract with CGI because they have demonstrated their ability to help us effectively and efficiently serve our mission to provide safe and decent housing."
"Success requires a strong and trusting partnership," said Marybeth Carragher, Vice-President, Consulting Services, CGI. "We are pleased that OHA continues to look to us to provide them with state-of-the-art solutions and services and we appreciate the opportunity to help them reach their goals."
About Oakland Housing Authority
Created in 1938, the Oakland Housing Authority, with 3,308 units of public housing and nearly 11,000 units of Section 8, is the third largest housing authority in the State of California. The Authority has a long and successful record of administering leased housing and housing subsidy programs since the inception of Section 23 programs in 1968. The Authority collaborated with other Bay Area public housing authorities (PHAs) to create one of the most "mobile and portable" Section 8 programs, exchanging thousands of participants with a large number of surrounding and distant jurisdictions, and leading the movement to absorb clients rather than bill other PHAs. The Authority has also pioneered in applying for and successfully operating service enhanced programs for special needs populations. Website: www.oakha.org .
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 25,500 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.7 billion (US$3.5 billion) and at June 30th, 2007, CGI's order backlog was $12.4 billion (US$11.6 billion). CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: www.cgi.com .
CONTACT: Bronwyn Hogan, Communications Manager, Oakland Housing Authority,(510) 874-1500; Lorne Gorber, Vice-President, Global Communications andInvestor Relations, CGI, (514) 841-3355