Budget Formulation Planning System (BFPS)
Investment ID: 014-000000536
Overview
Program Title
Budget Formulation Planning System (BFPS)
Agency
Description
BFPS will be the Department's primary budget formulation system for the Department and utilize commercial-off-the-shelf (COTS) products. Other existing Department financial management and related information technology (IT) systems, such as FACTS NextGen for foreign assistance and budgeting systems maintained by bureaus for internal budget tracking needs will continue to complement BFPS. To achieve these goals, BP/SRO is planning for a total period of performance of five (5) years to develop BFPS. Contract resources will develop, implement, and provide initial maintenance for the BFPS solution.
Type of Program
Major IT Investments
Multi-Agency Category
None