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News Release

FOR IMMEDIATE RELEASE
Tuesday, August 16, 2005
Contact: Debby Pafel
Tel: 202-606-2402

OPM Selects the Bureau of Public Debt's Administrative Resource Center to Support Its Financial Management Information Systems

Washington, DC - U.S. Office of Personnel Management (OPM) Director Linda M. Springer announced the selection of the Bureau of Public Debt's Administrative Resource Center (ARC) to support OPM's core financial management and procurement systems.

OPM's decision to seek the use of external financial system support was based on its need to generate complete, accurate, reliable, and timely financial information; reflect current technology and facilitate future upgrades and support; and implement recent Joint Financial Management Improvement Program certified enhancements.

"This partnership will enable OPM to conduct all core financial processes in an environment of strong internal controls," said Clarence Crawford, OPM's chief financial officer. "OPM's adoption of ARC's solution enables us to assume lower implementation, operation, and maintenance costs."

ARC is one of four agencies recognized as a center of excellence within the Financial Management Line of Business—an interagency effort chartered by the Office of Management and Budget to standardize data structures and business practices for core accounting systems.

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OPM leads and serves the Federal Government in enterprise human resources management by delivering policies and services to achieve a trusted, effective civilian workforce. By Empowering Excellence in Government through Great People, we provide leadership and support to U.S. agencies on issues including human resources policy and oversight, background investigations, federal employee benefits, retirement services, guidance on labor-management relations, and programs to improve workforce performance. For more information, visit OPM.gov or follow OPM on Twitter, Facebook, or LinkedIn.


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