This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

GP Strategies Awarded Up To $25 Million Contract By The US Department Of The Interior

Stocks in this article: GPX

ELKRIDGE, Md., July 16, 2013 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) announced today that it has been awarded an indefinite delivery/indefinite quantity base year contract with four option years with the US Department of the Interior's (DOI's) Interior Business Center (IBC) to provide talent management system (TMS) support, including technology implementation and training services. The selection was made through an open request for proposal process, which included both hosted and Software as a Service (SaaS) bidders. Funding will be provided on an individual task order basis and the maximum five-year contract value is $25 million, assuming all option years are exercised and the contract is fully funded.

These services will provide a talent management solution for both the DOI and its human resources shared services customers. IBC will provide TMS services through an interagency agreement. GP Strategies will provide program management, implementation services, system training and migration services for SuccessFactors Business Execution (BizX) talent management suite. GP Strategies will also bring SaaS transition and implementation expertise to the IBC to serve their customer base, along with an extensible, enterprise class, multi-tenant system and a scalable and secure infrastructure.

Billy Biggs, GP Strategies Director of Public Sector, said, "The recent IBC contract award bolsters GP Strategies' long-standing reputation as a leading talent management technology services provider within the federal government. Our extensive experience providing Talent Management Technology services, specifically delivered in a Federal Shared Services Provider Model, will help ensure IBC customers meet their business and training requirements without compromising their core missions. We are excited to have the opportunity to partner with the IBC and look forward to a long, successful partnership."

For more information about GP Strategies' learning solutions, visit http://learningsolutions.gpstrategies.com/ .

About DOI IBC

Located within the Department of the Interior, the Interior Business Center (formerly the National Business Center) is a federal Shared Services Provider that offers business solutions to create efficiencies and economies of scale for the Interior Department as well as other federal agencies. For more than 30 years, the Interior Business Center has supported Interior offices and bureaus, and other federal agencies by providing business solutions that allow these organizations to focus on their core missions. Today its government workforce of dedicated professionals with extensive knowledge of federal business practices, including federal acquisition, financial management, budget and finance systems, human resources, training services, administrative support services for drug and alcohol testing and payroll systems, serves a customer base of more than 150 government offices and agencies. For additional information, please visit the IBC website, ibc.doi.gov.

About GP Strategies

GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of sales and technical training, eLearning solutions, management consulting and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information may be found at www.gpstrategies.com.

Forward-Looking Statement:

We make statements in this press release that are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements reflect our current expectations concerning future events and results. We use words such as "expect," "intend," "believe," "may," "should," "could," "anticipates," and similar expressions to identify forward-looking statements, but their absence does not mean a statement is not forward-looking. These statements are not guarantees of our future performance and are subject to risks, uncertainties, and other important factors that could cause our actual performance or achievements to be materially different from those we project. For a full discussion of these risks, uncertainties, and factors, we encourage you to read our documents on file with the Securities and Exchange Commission, including those set forth in our periodic reports under the forward-looking statements and risk factors sections. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

© 2013 GP Strategies Corporation. All rights reserved. GP Strategies and the GP Strategies logo design are trademarks of GP Strategies Corporation.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs