Roots Grow Deeper for the Online Marketplace for Government
May 2, 2006
CGI Federal, Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc., (NYSE: GIB; TSX: GIB.SV.A), and FedBid, Inc., the online marketplace for public sector commodity buys, announced today that they have signed a Strategic Alliance Agreement. The goal of the agreement is to provide federal customers with a more comprehensive procurement solution by integrating FedBid’s online marketplace with CGI Federal’s financial and acquisition management software.
The business alliance between FedBid and CGI Federal allows the two companies to leverage each other’s complementary procurement services, user base, and market position.
“By establishing this partnership, both companies are now in the position to offer our federal customers the ability to dynamically compete their requirements for a broad range of IT products and services,” said Gregg Mossburg, CGI Federal Vice President.
