CDSI BAS wins contract to support the Department of Education PELL Grant Program.ROCKVILLE, Md.--(BUSINESS WIRE)--June 26, 1997--CDSI Business Applications Company (CDSI CDSI Comisión de Estudio para el Desarrollo de la Sociedad de la Información CDSI Cross Domain Semantic Integration CDSI Credit Default Swap Index BAS BAS abbr. 1. Bachelor of Agricultural Science 2. Bachelor of Applied Science ), a division of Computer Data Systems Inc. (CDSI), announced Thursday that it has been awarded a contract by the Department of Education to support the PELL Grant The Pell Grant program is a type of post-secondary, educational federal grant program sponsored by the U.S. Department of Education. It is named after U.S. Senator Claiborne Pell and originally known as the the Basic Educational Opportunity Grant program. Financial Aid Program. Under this contract, CDSI BAS will reengineer the Department of Education's Recipient Financial Management System, implement the new system, and support the processing operation for PELL Grant Awards. The contract is for an 18-month base period with four one-year options. The total estimated value is more than $30 million. CDSI BAS has been awarded four contracts by the Department of Education to support the government's commitment to reducing costs and streamlining student financial aid administration. "This is a 'win-win' situation," CDSI BAS President Tom Green commented. "The contract award represents CDSI's continuing growth in the student financial aid industry, as well as our continued commitment to helping the Department of Education achieve it's mission." Computer Data Systems Inc., founded in 1968, is a recognized leader in providing broad-based information technology solutions for government and commercial customers. As on of the foremost federal systems integrators and systems developers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , CDSI provides customers with innovative applications for enhancing their business-processes - enabling customers to realize cost efficiencies, provide better service, and introduce new capabilities. CDSI's services include systems integration, custom software development, data center management, proprietary applications software, and value-added processing. CDSI is an equal opportunity employer equal opportunity employer An employer or enterprise that does not discriminate against a job candidate, or subject him/her to adverse exclusionary criteria, based on race, sex, religion, or national origin. See Equal employment opportunity. . CDSI Business Applications Solutions Co. (BAS), a division of Computer Data Systems Inc., is committed to supporting government and commercial clients with proprietary financial and administrative management systems, outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. services. CONTACT: Computer Data Systems Inc. Stephanie Schultz, 301/921-7018 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion