In order to execute this policy effectively, OMB, in consultation with the newly formed Financial Systems Advisory Board (FSAB) and the applicable Federal agency, is conducting a review of agency plans for financial modernizations to ensure consistency with the policies established in the Memorandum.

During this review period, Federal agencies will avoid investments in new contracts or task orders so that future investments reflect any potential changes to the financial system modernization plan resulting from the new policy.

 

At present, OMB anticipates that approximately 30 financial system projects will be reviewed for consistency with the new policy. These are the core financial system projects at Treasury, HHS, DoD, DOC, DOT, DOE, DHS, HUD, VA, DOJ, DOI, EPA, OPM, USDA, SBA, NRC, DOL, Education, GSA, SSA, State/USAID, NASA, and NSF. Several agencies have more than one project. In a limited number of cases, OMB, FSAB, and the applicable Federal agency are still determining whether certain systems appropriately fall within the scope of this review.

Below is a list of titles for projects that have been confirmed for review under the policies set forth in OMB Memorandum 10-26.

US Department of Agriculture

 

Financial Management Modernization Initiative

Department of Commerce

 

Commerce Business Systems

Department of Education

 

Financial Management Support System

Department of Energy

 

CFiManage

Environmental Protection Agency

 

Financial Replacement System

Dept. Health and Human Services

 

NIH Business System

Dept. Health and Human Services

 

Healthcare Integrated General Ledger Accounting System

Dept. of Homeland Security

 

Transformation and System Consolidation

Dept. Housing & Urban Development

 

Integrated Financial Management Improvement Project

Department of Interior

 

Financial and Business Management System

Department of Justice

 

Unified Financial Management System

Department of Labor

 

New Core Financial Management System

Department of State

 

Joint Financial Management System

Department of Transportation

 

Delphi

Department of Treasury: IRS

 

Integrated Financial System/CORE Financial System

Department of Treasury: BPD

 

Oracle e-Business Suite

Department of Veterans Affairs

 

Financial and Logistics Integrated Technology Enterprise

National Science Foundation

 

Financial Accounting System

Office of Personnel Management

 

Consolidated Business Information System

Small Business Administration

 

Oracle Administrative Accounting