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Treasury Cloud Acquisition Roadmap eyes a contract worth $1 billion

Treasury Cloud Acquisition Roadmap eyes a contract worth $1 billion
Treasury Cloud Acquisition Roadmap eyes a contract worth $1 billion
In a bid to be compliant with a special notice that came into effect from July 1st, 2019, a new cloud acquisition roadmap has been released by the Department of Treasury.

As per reports, through this move, the department of treasury plans on being compliant with its latest cloud strategy.

According to reports, leveraging the benefits of the acquisition roadmap the Treasury is targeting an enterprise contract with a ceiling of $1 billion to fund the project for owning a complete range of professional and cloud services.

According to the Treasury Department, its cloud acquisition roadmap will help with its aim to bring further improvement to efficiencies by maximizing the sharing of resources for execution, acquisition, planning, and functioning of cloud services in a way which bears resemblance to other IT services in the sector.

Additionally, the Treasury also intends to share its cloud acquisition roadmap with several shareholders across the department including the Internal Revenue Service, amongst several other procurement offices.

As per reports, with the aim to assist in the migration of pending IRS cloud projects, a clause has been added in the acquisition road map which states that the contract ceiling of Treasury’s shared services Workplace Community Cloud will be increased from $6.4 million to roughly $9.5 million.