STG Wins DoS Compensation and Financial System Services Contract
Reston, VA – August 27, 2014 – STG, Inc. (STG) has been awarded the Department of State’s (DoS) Compensation and Financial System Services contract, which has a 5-year period of performance and a total value of $67.3 million. As the prime, STG will work closely with DoS system owners, system managers, and business owners in the operations and maintenance of more than a dozen major application systems supporting worldwide compensation and financial operations. The scope of work is in support of several key directorates and office activities including: Comptroller Global Financial Services (CGFS)/Global Financial Management Systems (GFMS) – Program Management and Analysis; CGFS/GFMS Systems Development and Maintenance (SDM) – Design, Development and Maintenance; and CGFS Charleston Operations Support for Compensation.
“During the past 15 years, we have directly supported the DoS in the development and maintenance of many of the key financial, timekeeping, compensation, and ancillary systems,” said the STG Systems Design and Development Sector Senior Vice President. “Our staff has worked closely with DoS American and Locally Employed staff worldwide in the design, development, testing, implementation, and maintenance of many of DoS’s key financial and compensation systems.”
The systems that STG will jointly support with DoS colleagues handle day-to-day compensation and financial transactions for more than 185 DoS embassies worldwide and paying more than 85,000 State Department and serviced agency employees.
“STG has been supporting mission-critical systems within DoS for more than 25 years,” said Simon Lee, STG Chairman and CEO. “We are excited to continue our support to the State Department’s compensation and financial operations program and are committed to providing the same excellent level of service that we have in the past.”
Since 1986, STG has provided the U.S. government with client-focused, performance-based solutions — using technology as an engine to drive our clients’ missions. Solutions are leveraged from our core competencies in enterprise network operations, cyber security, financial services, systems engineering and integration, software engineering, and linguistics and intelligence solutions. Headquartered in Reston, Virginia, STG is one of a small percentage of U.S. companies with an SEI CMMI Maturity Level 3 rating and ISO 9001:2008 and ISO/IEC 20000-1:2011 certifications — ensuring repeatable processes with high-quality, low-risk results for our customers. Visit STG at www.stg.com.