Reston-based STG, Inc. (STG) yesterday announced that it has won the Department of State’s (DoS) Compensation and Financial System Services contract. This 5-year contract is valued at $67.3 million.
Under the contract, STG will work with DoS system owners, system managers and business owners in the operations and maintenance of more than a dozen application systems that support worldwide compensation and financial operations. This work will support the following office activities: 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.
These systems handle daily compensation and financial transactions for more than 185 DoS embassies worldwide, as well as pay more than 85,000 DoS and serviced agency employees.
Eric Wieman, STG Systems Design and Development Sector Senior Vice President, said:
“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. 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.”
“STG has been supporting mission-critical systems within DoS for more than 25 years,” said STG Chairman and CEO Simon Lee. “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.”
