CGI Awarded Position on $127M HUD Software Modernization BPA; Tim Hurlebaus Quoted

CGI (NYSE: GIB) has won a spot on a five-year, $127M blanket purchase agreement to update software applications for a government corporation under the Department of Housing and Urban Development.

The BPA, which has one base year plus four one-year options, covers work to help the HUD™s Government National Mortgage Association, or Ginnie Mae, modernize a suite of apps used to process loan applications, CGI said Tuesday.

The company noted it will apply continuous integration/continuous delivery, Agile and DevSecOps approaches to assist the group in software development projects.

Tim Hurlebaus, president of CGI Federal and two-time Wash100 Award recipient, said the award builds on the company™s experience in supporting banking operations and expands its footprint in government housing initiatives.

Ginnie Mae manages over $2T in assets and aims to implement a comprehensive technology platform equipped with technological and functional tools.

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