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November 10, 2005

New Business

EDS Israel has signed an IT outsourcing contract with the First International Bank of Israel (FIBI). The project is valued at approximately $108 million over eight years. The FIBI contractis the largest outsourcing contract in Israel and the first such contract in the Israeli banking industry.

The U.S. Department of Health and Human Services (HHS) awarded Unisys an information technology outsourcing contract under which Unisys will support 8,000 users across eight HHS operating divisions. The contract has a three year base period, which is worth approximately $65 million, and one two-year option period, exercisable at the government's discretion, which is worth approximately an additional $35 million...Rabobank, the largest financial services provider in the Dutch market, has extended its existing business process outsourcing contract with Unisys Payment Services and Solutions (UPSS) for all paper-related payment transactions for two additional years through December 31, 2010.

The State of New Jersey has selected Accenture to develop and implement the New Jersey State Unemployment Compensation Claimant and Employer Service System (NJ SUCCESS), designed to modernize the delivery and administration of unemployment insurance benefits throughout the state. Under the four-year, $39.9 million contract, Accenture will integrate the New Jersey Department of Labor and Workforce Development's (NJLWD) unemployment claims interfaces with its back-office document management systems.

Perot Systems Corporation has been awarded a $14 million, three-year extension by Lexington, Kentucky-based CHA Health. The agreement extends a five-year contract between the two companies that began in April 2002 when CHA selected Perot Systems to provide BPO and technology management services, including leading Web-based health
plan management tools.

Motorola has selected General Physics Corporation (GP) to provide outsourced training and vendor management services. Under the terms of this major agreement, GP will select and manage training suppliers for Motorola to meet its workforce development needs in North America.

Posted by jbowles at November 10, 2005 07:38 PM