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CGI Federal Secures $251 Million GSA Financial Modernization Contract

The U.S. General Services Administration has awarded CGI Federal a $251 million contract to maintain the Pegasys financial management system and its Multi-Tenant Shared Application environment. The deal focuses on cloud-based modernization, aiming to reduce manual labor and improve processing performance across 36 federal agencies.

CGI Federal Secures $251 Million GSA Financial Modernization Contract

The agreement leverages CGI Federal's Momentum platform, hosted on Amazon Web Services, to support standardized financial management in alignment with Treasury Department guidelines. This continued partnership follows a 2025 system migration that yielded a 25% reduction in hosting costs and a significant boost in batch processing efficiency, ranging between 30% and 50%.

Jay Hadley, Senior Vice-President at CGI Federal, noted that the collaboration aims to provide future-ready solutions that improve service delivery and transparency. Beyond standard maintenance, the contract incorporates the company's Momentum-as-a-Service subscription model, which bundles software licensing with AI-driven analytics. These tools are central to the agency's broader workforce optimization goals, including the Million Hours Challenge, which targets the elimination of manual tasks through automation and agentic AI.

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