HUD AWARDS $750 MILLION INFORMATION TECHNOLOGY CONTRACT

WASHINGTON - The Housing and Urban Development Department today awarded a contract to EDS Corporation to provide HUD with its information technology infrastructure. Under the contract, known as HITS for HUD Information Technology Systems, EDS will furnish personnel, hardware and software, telecommunications, facilities and services needed to deliver HUD's basic IT functions at more than 80 HUD offices nationwide. The contract has a base period
of four months followed by nine option years with a total potential contract value of $750 million.

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