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FBO DAILY ISSUE OF JUNE 13, 2002 FBO #0193
SOLICITATION NOTICE

R -- Consultant Services - Financial Management Systems

Notice Date
6/11/2002
 
Notice Type
Solicitation Notice
 
Contracting Office
Overseas Private Investment Corporation, Contracts and Administrative Services, Contracts and Administrative Services, 1100 New York Ave, NW, Washington, DC, 20527
 
ZIP Code
20527
 
Solicitation Number
OPIC02Q007
 
Response Due
6/28/2002
 
Archive Date
7/13/2002
 
Point of Contact
Valerie Settles, Contract Specialist, Phone 202-336-8554, Fax 202-312-2176, - Gregory Williams, Manager, Contracts and Administration, Phone 202-336-8553, Fax 202-218-0186,
 
E-Mail Address
VSETT@OPIC.GOV, GWILL@OPIC.GOV
 
Small Business Set-Aside
Total Small Business
 
Description
The Overseas Private Investment Corporation (OPIC) has a need for consulting services related to its financial management systems. The consultant will serve as Financial Management?s functional resource and work in coordination with Information Resources Management on technical changes affecting the legacy business financial system interfacing with the core financial system, ensuring compliance with financial management requirements. As a government corporation subject to the Credit Reform Act of 1990, OPIC has unique accounting and budget needs. The Corporation must keep three sets of books to accommodate the accounting requirements of the federal budget, of the Federal Accounting Standards Advisory Board (FASAB), and of generally accepted accounting principles (GAAP). OPIC uses version 11i of Oracle Government Financials (OGF), with product extensions to handle federal government accounting and budget requirements, as its core financial system. OGF links to the legacy business financial systems via an interface program that runs daily. The legacy system has been moved to an APPX-based platform. As part of the on-going interface process which ranges from recording entries in the legacy system to generating financial reports from the system of record, OPIC seeks consulting services to perform the following: 1) Assess the impact of the APPX-based platform on the daily interface process, as follows: Assess ways to eliminate the complexity of transactions processed through the daily interface. Advise on ways to prevent data entry errors at the source. Review APPX functionality to suggest enhancements to simplify the daily processing of transactions. Review the current method of processing daily transactions through the interface scripts to determine if script changes will improve efficiency of the process. Devise ways to minimize the amount of follow up review required to ensure proper translation of transactions into OGF. Assess and recommend changes to mapping tables, programs and other aspects of the daily conversion process as required. Provide documentation for the various process flows, procedural changes and efficient reconciliations. 2) Ensure that interface processes allow for timely and correct recording and reporting of data for internal and external users, as follows: Recommend ways to improve the various reconciliation processes needed to ensure efficient, timely, and accurate processing of all financial transactions. Assess the impact of internal policy and procedural changes on the processing of financial information and subsequent reporting requirements. Assess the impact of Credit Reform regulations and recommend changes to the processing to ensure proper classification of credit reform transactions and interact with OMB to ensure compliance with reporting requirements. Evaluate the impact of legislative and regulatory changes on financial management and ensure that the changes are reflected in the recording, processing, and reporting of financial information. Design and develop parameters for reports for internal and external purposes that efficiently access financial data from both the legacy and the core financial systems. As a result of the preceding assessments and evaluations, provide written recommendations and examples that can be used to implement those recommendations. The most successful candidate will have extensive technical and functional experience with Oracle Government Financials in a federal government entity (preferably a U.S. Government corporation) subject to GAAP, FASAB, budgetary, and federal credit reform regulations and reporting requirements. The government contemplates a one (1) man-year effort . The Period of Performance for the base year will be July 3, 2002 to July 4, 2003 with five one-year options. Submit resumes by June 28, 2002 by 5:00 PM, Eastern Standard Time to the Overseas Private Investment Corporation , ATTN: Valerie Settles, 1100 New York Avenue, N. W., Room 11170 Washington, D. C. 20527. No collect telephone calls will be accepted. POINT OF CONTACT Valerie Settles, Contract Specialist, Phone 202-336-8554, Fax 202-721-7085, Email VSETT@OPIC.gov - Gregory Williams, Manager, Contracts and Administration, Phone 202-336-8553, Phone 202-336-8553, Fax 202-218-0186, Email GWILL@OPIC.GOV
 
Place of Performance
Address: 1100 New York Avenue, N. W., Washington, D. C
Zip Code: 20527
Country: USA
 
Record
SN00091887-W 20020613/020611213428 (fbodaily.com)
 
Source
FedBizOpps.gov Link to This Notice
(may not be valid after Archive Date)

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