The U.S. Department of Agriculture (USDA) awarded TeraThink $10M for Organizational Change Management and Business Process Reengineering. Awarded as part of the USDA Shared Services Lines of Business Solutions (SSLOBS) Blanket Purchase Agreement (BPA), our expansive financial management and modernization experience is directly relevant to USDA objectives. This experience was key to our winning these task orders.
TeraThink has completed an asset purchase agreement to support the Defense Logistics Agency’s J6 Enterprise Technology Services (JETS) contract vehicle. The DLA JETS contract is a multiple-award firm-fixed-price quantity contract with a five-year base period of performance. The DLA has already purchased over $500M in IT services through the vehicle since March 2017. With a three-year option and a total contract ceiling of up to $6 billion, TeraThink’s opportunity to grow at the DLA is substantial.
We believe our digital transformation, enterprise applications, and information management capabilities are a great fit for DLA’s needs. TeraThink’s service offerings clearly align to the recently released 2018-2026 DLA Strategic Plan. We welcome the opportunity to assist DLA Information Operations (J6) in realization of its vision of a global presence, agile and innovative, and focused on the warfighter first.
Today we are proud to announce that Steve Hamric will be joining TeraThink as our new Chief Financial Officer. Steve will oversee all finance and contracts aspects of TeraThink, including financial planning, management, and reporting operations.
We are thrilled to have Steve on board at TeraThink as we enter the next phase of our company’s evolution. His experience will help us to play a stronger role in the industry.
I am proud to announce the appointment of Madame Secretary Deborah Lee James to our Board of Directors, effective immediately. James joins myself, our CEO Dan Maguire, and Doug Wagoner on the TeraThink board. Created after our merger with Dominion Consulting last November, the board is charged with steering the overall direction and overarching policies of the organization. Adding someone of her stature to our board is sure to have a lasting effect on our company’s ability to be an impactful force in the Federal realm.
I asked Madame Secretary about joining TeraThink’s Board of Directors. What she shared added to my excitement for her joining the board.
TeraThink puts its customers and employees first, which is why I’m honored to join the board of such a fast growing technology and consulting firm. I look forward to joining this high performing team to help improve the operational effectiveness and business processes of our government clients.
Today, TeraThink is delighted to announce the appointment of Doug Wagoner to our Board of Directors. Doug joins Paul Lombardi, the Board’s Executive Chairman, and Dan Maguire, our CEO, on the TeraThink Board. Together, the Board sets the overall direction and overarching policies for TeraThink.
Doug is an accomplished leader and is highly-respected throughout our industry. We are thrilled to have him join our Board of Directors and know that his presence on our Board is going to have a huge impact at TeraThink going forward.
– Paul Lombardi
Doug brings 30 years of experience as a leader in the Federal Information Technology and Management Consulting to TeraThink. In addition, he is an awardee of the prestigious Fed100 list which honors influential leaders in the government contracting arena.
Definitive merger agreement transforms the way two pedigreed consultancies deliver value to the federal government.
TeraThink Corporation (TeraThink) and Dominion Consulting (Dominion) today announced a definitive merger agreement in which TeraThink will remain the surviving corporate entity. The merger of equals combines complementary capabilities, experience and commitment to excellence on a much broader platform that yields enhanced service delivery to customers. It brings exceptional scale and value to support customer transformation, automation, and mission goals through expertise in agile development, enterprise application technologies, and cloud computing. The newly formed company will double its size to $80 million in annual revenue evenly allocated across defense and federal civilian customers including Washington Headquarter Services, The Joint Staff, DLA, DOJ, DHS, and USDA.
TeraThink was awarded a new contract from the Department of Homeland Security (DHS) – U.S. Immigration and Customs Enforcement (ICE) – Office of Chief Financial Officer (OCFO) for Data Management and Support Services. TeraThink will continue development of a non-proprietary physical data model and archive to be used by ICE. This support includes Program Management and Support, Functional and Data Analysis, Data Modeling, Data Quality Assessment, and Data Cleansing, Data Loading and Validation Processes, Maintaining a Data Dictionary, and Automation.
We are pleased to announce that TeraThink Director Laurence Hart has been named the first Information Coalition Honors Fellow by the Information Coalition. The fellows program recognizes the work of individuals that span multiple functionalities in the information industry. These domains include Records Management, Information Management, Enterprise Content Management, and Information Privacy. Laurence received this notable distinction at The Information Governance Conference 2017, one of the leading conferences for experts in the field of information governance.
“Laurence has been a leader in the Information Governance and Content Management realm for over 20 years. We are proud of his accomplishments, as well as the knowledge and experience that he brings to our clients at TeraThink. I couldn’t think of a better person to be named ‘First Fellow’ than Laurence Hart”, said TEraThink CEO, Dan Maguire.
TeraThink has been appraised at level 3 of the CMMI Institutes Capability Maturity Model Integration (CMMI)®. The appraisal was performed by PI&C LLC.
CMMI is a capability improvement framework that provides organizations with the essential elements of effective processes that ultimately improve their performance. An appraisal at maturity level 3 indicates the organization is performing at a “defined” level. At this level, processes are well characterized and understood, and are described in standards, procedures, tools, and methods. The organization’s set of standard processes, which is the basis for maturity level 3, is established and improved over time.
TeraThink has been awarded a prime position on the US Department of Agriculture (USDA) Shared Services Line of Business (SSLoBS) Blanket Purchase Agreement (BPA). An estimated $500 million multi-award BPA, this win is a testament to our team’s 20+ years of continuous delivery and excellence supporting USDA’s mission.
The objective of the SSLoBS BPA is to drive the OCFO’s (Office of the Chief Financial Officer) mission, while providing USDA’s shared service offerings to customers government-wide. The scope of this BPA includes services for Financial Management, Human Resources, Information Technology Services Division, External Systems Development, and Personnel & Pay. These service offerings are designed to eliminate time-consuming, transactional functions and allow agencies to focus on their core mission.