TeraThink Awarded $12M Task Order to Perform Independent Verification and Validation (IV&V) Services for Veterans Affairs Financial Management Business Transformation (FMBT) Program

RESTON, Va., Nov. 28, 2018 /PRNewswire/ -- TeraThink, an information technology and management consulting firm, was awarded a $12M single award Task Order from the U.S. Department of Veterans Affairs (VA) to perform Independent Verification and Validation (IV&V) Services in support of their Financial Management Business Transformation (FMBT) initiative.

TeraThink has a long-held reputation for excellent performance delivering Enterprise Resource Planning (ERP) programs. TeraThink will be providing multidimensional IV&V support for the VA's financial business system implementation utilizing a Momentum® ERP suite. The FMBT program's vision is to provide VA with a modern financial and acquisition management solution. Delivering on this vision will enable VA to meet its goals and objectives in compliance with financial management legislation and directives. The FMBT program will increase the transparency, accuracy, timeliness and reliability of financial information resulting in improved fiscal accountability to American tax payers and offers a significant opportunity to improve care and services to our Veterans. This IV&V award directly supports the success of the FMBT effort and is an extension of TeraThink's leadership in digital transformation capabilities.

TeraThink employs industry leading methods to identify objective data and conclusions to provide feedback about quality, performance, and schedule to stakeholders. TeraThink will work closely with VA leadership to provide oversight on system and software configurations, hardware and cloud infrastructure designs, system testing, interface and data validation. TeraThink will deliver these services using Agile frameworks and Momentum® methodologies to support the requirements of the FMBT program.

CEO Dan Maguire said, "We are pleased to continue providing excellent Momentum®-based IV&V services supporting the VA. This award expands our Enterprise Applications and Digital Transformation capabilities in support of our veterans. TeraThink is well-suited to help advance the FMBT vision."

About TeraThink

TeraThink is a Native American-owned information technology (IT) and management consulting firm focused on providing the highest level of value to their customers. The company has been helping over 25 Government agencies reach their mission objectives for over a decade. By offering vital support to analytical, systemic, and administration initiatives, TeraThink helps the Government transform and operate their IT, business, and mission systems to achieve their goals. They have a long history providing project management, IT support services, and service desk support to cabinet-level departments with their core competencies in Federal Financial Commercial off-the-shelf (COTS) support services and management consulting. For more information, visit www.terathink.com.

CONTACT: Barbara Kenniston, (800) 407-8580

SOURCE TeraThink