Salient Federal Solutions Awarded $17 Million Contract by OPM for Complete Software Life Cycle Support for Retirement, Health and Insurance Benefits
Company to Continue its 10 Year Support of OPM's Benefits Systems that Provides Secure Record Keeping, Management and Administration of US Federal Government Employee and Retirees Benefits
FAIRFAX, Va., Jan. 31, 2013 /PRNewswire/ -- Salient Federal Solutions, Inc. (Salient), a leading provider of information technology, engineering, and intelligence analytic services to agencies in the intelligence, defense, homeland security, cyber security, and federal civilian markets, today announced the award of the Systems Support, Maintenance and Development (SSMD) contract for the US Office of Personnel Management (OPM)'s Benefits Systems Division. This one-year award, made under the OPM BPA, has three one–year option periods with an anticipated value of $17 million.
The mission of the Office of Personnel Management's (OPM), Office of Chief Information Officer, Benefits Systems division is to support, enhance, and develop applications for four major customer groups at OPM. These groups include Retirement Services, Healthcare and Insurance, Chief Financial Officer, and Office of Actuary.
Under this contract, Salient will provide full life-cycle software application services-related operations, maintenance and enhancement for the constituents of OPM's retirement, healthcare, insurance, and related benefits systems. There are over 2.4 million annuitants and 8 million federal employees who are enrolled in the OPM Benefits Systems. Salient's team will assimilate and capture the functional requirements related to enhancing the applications, and design, test, develop, deliver and maintain the benefits applications. Salient currently supports more than 50 systems that are critical to OPM's role as the human resource provider for federal government employees, annuitants, and beneficiaries. These systems are at the core of over $5 billion per month of financial transactions in support of retirement, healthcare, insurance, and related benefits.
Salient's mission will continue to mitigate risks and provide secure records management in the most effective and efficient services to OPM stakeholders and constituents that are enrolled and utilize the OPM services.
"This work is significant to Salient where we have been supporting the Benefits Systems mission since 2000," says Brad Antle, CEO of Salient. "We understand the critical nature of these systems and are proud to bring our expertise to provide exceptional support to OPM; continuing our longstanding partnership for the next several years."
About Salient Federal Solutions: Salient Federal Solutions, Inc. is a leading provider of Federal IT and engineering solutions enabling government and industry to respond quickly to new or surge mission requirements with exactly the right people, skills, expertise, and technical solutions. The company works to accelerate mission impact by delivering highly adaptable technology services, engineering solutions, and domain expertise enabling customers to rapidly meet the pressing requirements of today, while anticipating tomorrow's evolving challenges. Salient Federal Solutions is headquartered in Fairfax, Va., with offices in McLean, Colorado Springs, St. Louis, Norfolk, Orlando, San Diego, and Tampa. More information is available at www.salientfed.com.
Salient has been recognized by Forbes Magazine as one of America's Most Promising Companies.
SOURCE Salient Federal Solutions, Inc.
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