Title:Design of a Government Financial Management Information System (GFMIS) for the Republic of Armenia (three inter-related contracts)
Budget:578,820 EUR
Dates: January, 2005 - January, 2011
Partner: Bannock Consulting (UK) - Partner in first phase of the project
Funding:World Bank

In the period 2005-2011 Corporate Solutions was awarded three projects to design and procure a GFMIS for the Republic of Armenia. The work was carried out in three stages including:
The Consultant initially was requested to document in detail, the Government Public Finance Management processes and propose recommendations for improvements. The study identified a number important policy, procedural and systems change to improve PFM. Based on the revised processes the Consultant then developed a functional and technical design for a news GFMIS to be introduced accross the public sector and throughout Armenia. Based on the above design, Corporate Solutions was requested to develop detailed specification for the GFMIS and tender document for the procurement of the system. Following major changes in the economy, the Consultant was requested to revise and update its documentation of the PFM processes, update the tender documents and develop a procurement strategy and present options for the acquisition of the GFMIS.