Pa. Ending Computer System Contract With IBM
HARRISBURG, Pa. (AP) â¿¿ Gov. Tom Corbett's state Department of Labor and Industry is ending a multi-year contract with IBM Corp. to modernize Pennsylvania's unemployment compensation computer system after dedicating close to $170 million to the project.
Labor and Industry Secretary Julia Hearthway said Wednesday that the seven-year-old project is 42 months behind schedule and $60 million over budget. She says it has problems that cannot be solved.
The original contract was for $106.9 million in 2006 and it expires Sept. 30 after no-cost extensions were allowed to assess the program. It was designed to calculate and provide unemployment compensation benefit payments in Pennsylvania.
Carnegie Mellon University's Software Engineering Institute says it identified numerous problems with the design and implementation of the system. Its study was commissioned by the department last year.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV