Risk and compliance specialist, Exiger, has been awarded a contract by the U.S. General Services Administration (GSA) as a trusted partner to deliver a supply chain risk management (SCRM) and third-party risk management (TPRM) enhanced capability made available to the entire U.S. Federal Government.
The multi-year, $74.5 million, contract award builds on Exiger’s SCRM work with the Department of Defense (DoD) that has been tested and proven across multiple scenarios. GSA will now expand access to Exiger’s SCRM solutions and allow all government agencies to share risk insights and consistently manage supplier risk and health across the U.S. Federal Government enterprise. This enterprise solution is designed to enable significant efficiencies including volume discounts, cross-enterprise data sharing, improved collaboration, and development of supply chain risk mitigation strategies.
As a shared service provider, GSA supports contracting actions throughout the Federal Government. By partnering with Departments and Agencies across the Federal Government to select Exiger as an enterprise SCRM platform, GSA provides a flexible and direct contracting pathway for all government agencies to quickly obtain the technology and expertise needed to identify and manage risk and advance their SCRM projects beginning this fiscal year.
The Exiger platform will equip government agencies with real-time capability to rapidly surface, understand and mitigate critical threats and vulnerabilities in their entire supplier ecosystem, delivering unparalleled transparency to protect global supply chains at unprecedented speed and scale. As part of the enterprise-wide SaaS contract, Exiger’s platform will manage critical areas of risk including, but not limited to: cyber supply chain risk management (C-SCRM), foreign ownership control or influence (FOCI), financial health (FH), financial crime compliance (FCC), sanctions, and environmental, social, and governance (ESG). This will allow government agencies to proactively identify vulnerabilities, areas of potential compromise, and industrial espionage before they become pervasive. Exiger also provides Government Acquisition Program Managers the ability to perform proactive supply chain risk management down to the items, parts, and raw materials level.
Exiger enables customers to manage traditional supplier risk types including operational resiliency, financial health, supply disruption or anti-bribery/anti-corruption risks that serve as the foundation of any SCRM or TPRM program. Exiger also provides the a proprietary risk scoring model that includes FOCI, ESG and C-SCRM risks to identify trusted and resilient suppliers.
Exiger expanded its work with the Federal Government in March 2020 during the COVID-19 response where their SCRM Platform was deployed to rapidly discover and vet tens of thousands of global medical suppliers to enable the safe and reliable procurement of medical devices, pharmaceuticals, and PPE that healthcare workers needed to save lives. DoD has since scaled its Exiger deployment across the defense acquisition enterprise to deliver actionable insights in a standardized, scalable solution to support the government’s SCRM and vendor vetting mission.
Exiger’s Supply Chain Risk Management software and services are now available to all Federal Agencies through GSA Contract #: GS-35F-0292U / Order #: 47QFHA22F0027.
