- CGI (GIB, Financial) secures a 10-year contract extension with Colorado Parks and Wildlife (CPW).
- The partnership focuses on enhancing CPW's financial management with advanced analytics and cloud solutions.
- Over 90% of CPW's budget relies on non-tax revenues from licenses, fees, and federal excise taxes.
CGI (GIB) has announced a 10-year contract extension with Colorado Parks and Wildlife (CPW), reinforcing its role in providing the cloud-based CGI Advantage Performance Budgeting solution. This collaboration aims to improve CPW's financial management through advanced analytics, enhanced data visualization, and the implementation of Testing as a Service (TaaS). The extended contract underscores CGI’s commitment to supporting CPW’s efforts in achieving financial sustainability and operational efficiency.
The integration of CGI Advantage Financial Management with Colorado's CORE platform will enable CPW to enhance budget forecasting and compliance tracking for grants and awards. This is crucial for CPW, which manages 43 state parks and over 350 wildlife areas, as more than 90% of its budget comes from non-tax revenues such as hunting and fishing licenses, park fees, and federal excise taxes.
Besides technological advancements, the partnership between CGI and CPW includes significant community engagement, with CGI having participated in multiple community volunteer events. This reflects a shared commitment to community service beyond mere business transactions.
The 10-year contract provides CGI with stable long-term revenue, highlighting the company's strategic growth in government technology services. This enduring partnership positions CGI as a preferred long-term technology partner for CPW, leveraging its tailored solutions to meet complex financial management needs while creating barriers to competitor entry.
