FM QSMO Updates
Health and Human Services (HHS) to Lead Federal Grants Management Innovations and Efficiencies
On January 11, 2021, the Office of Management and Budget formally designated the U.S. Department of Health and Human Services (HHS) as the QSMO for grants management.
FM QSMO looks forward to continuing cross-QSMO collaboration with HHS as it works to address the end-to-end grants management needs.
For more information about the Grants QSMO, visit: www.hhs.gov/about/agencies/asfr/grants-management-quality-services-management-office/index.html .
FM QSMO Marketplace Request For Information (RFI) Release
In support of the FM QSMO, the General Services Administration (GSA) is conducting market research to gather input from industry on the solutions, services, and operating model envisioned for the FM QSMO Marketplace. As part of the market research, a Request For Information (RFI) has been issued through the GSA Market Research As a Service (MRAS) survey tool.
Interested parties may view the public notice on beta.SAM.gov at https://beta.sam.gov/opp/e5f9ba8847194896aeb2306ddb70942e/view
Similar notices have also been issued through GSA eBuy, but all correspond to the same, single RFI. The RFI can be accessed through GSA MRAS at https://feedback.gsa.gov/jfe/form/SV_eX27wzgkGamXqMB.
Potential respondents are not required to hold current GSA or other non-GSA Federal contracts to participate in the RFI.
The FM QSMO encourages interested vendors to review the RFI and consider submitting a response accordingly. Responses to the RFI must be submitted through the MRAS survey tool. The response date has been extended from January 11, 2021 to no later than 11:00PM (ET) on January 15, 2021. The RFI has now closed.
FM QSMO Holds Agency Engagement Workshops
As of December 9, 2020
Over the next three months, the FM QSMO team will host another series of workshops to discuss the features of the Core Financial System (FS) and the overall Marketplace.
Already, representatives from Federal agencies met with the FM QSMO team to kick-off the second round of workshops in December.
The FM QSMO team discussed the current status of developing the FM QSMO Marketplace and the upcoming plans to develop a Core Financial System (FS) that meets agencies’ needs. Adam Goldberg, the Acting Director of the Office of Financial Innovation & Transformation (FIT), explained how the FM QSMO will help agencies uphold the standards of the Federal Integrated Business Framework (FIBF) and allow cross-functional end-to-end business processes. The team also identified the need for customer input through workshops in order to make an intuitive and useful Core FS.
Please note: Links to register for workshops as they become available can be found on the OMBMAX Website.
Assistant Financial Secretary Calls FM QSMO a Positive Step Forward
During interviews with “Government Matters” David Lebryk, Treasury’s fiscal assistant secretary, said that FM QSMO standardization will bring cost savings and improved performance to agencies. Lebryk said FM QSMO will ultimately improve government record-keeping and the quality of financial services. Below are links to the interviews.
- Treasury named Quality Service Management Office, August 7, 2020
- Financial management through the Quality Service Management Office, August 12, 2020
FM QSMO Acquisition Update
In the future FM QSMO Marketplace, agencies will be able to acquire core financial systems and other solutions through a government-wide contract vehicle. The projected timeline for an FM QSMO Marketplace solicitation is 2021 with plans to award in late 2022. A recent Treasury contract award for $625M to 12 vendors is not related to the FM QSMO initiative. This award supports the day to day business of the Bureau of the Fiscal Service.