About
Subscribe

D-Day for IFMS

Johannesburg, 10 Oct 2011

Companies eager to partake in National Treasury's multibillion-rand Integrated Financial Management System (IFMS) had to deliver their bids by Friday.

modules of the IFMS.

The controversial tender is made up of four separate modules - core financial, inventory management, payroll, and exchange systems; each module requires its own full, standalone response free of reference to any other module.

An investigation featured in the 21 September issue of ITWeb's iWeek magazine called into question the requirements of the tender and the feasibility of expectations.

The scope of each tender module requires the bidder to provide project management services; full bespoke development of the relevant system and configuration of lead site, the copyright and intellectual property of which will remain with SITA; test support services; software maintenance and support for a period of five years; and a skills transfer programme.

The successful bidders for the first three modules will have nine months to have the application ready for a live installation, while the data exchange system winner will have seven months.

Originally scheduled to close on 12 September, SITA had to extend the submission deadline three times before finally standing firm on Friday's date, 7 October. Over this period, the organisation has been subjected to a flood of questions from industry players.

Share