Covendis among the Top Contractors for the State of Georgia

Contact: Raymond Tsao
Covendis Technologies
(770) 903-9990
www.covendis.com

Covendis among the Top Contractors for the State of Georgia

Atlanta, Georgia, August 31, 2008—Covendis Technologies has earned a place among the top contractors for the State of Georgia in the past fiscal year, according to an analysis of State Accounting Office payments by the Atlanta Journal-Constitution. For its implementation of the state’s Vendor Management Services (VMS) program, Covendis was paid $49.6 million, coming in 16th on the list of top 20 state contractors. It currently serves as an interface connecting nearly 100 staffing agencies to 49 state departments and organizations, which permits the state to conduct the entire services procurement process online.

While Bert Brantley, a spokesman for the governor’s office, insists “…the old days of quid pro quo are over,” many of the top state contractors continue to make large political contributions and employ teams of lobbyists. Covendis takes a different approach. Raymond Tsao, CEO of Covendis, explains, “One of our strengths is that we are vendor neutral. While we make charitable donations, our overall philosophy is to keep costs low so that savings can be passed along to the client and, in this case, the taxpayer.”

There has been an emphasis in recent years on the competitive bidding process for state contracts, as the governor’s office has sought limit the influence of lobbyists. Covendis has benefited from this trend. They beat out a number of other companies who were competing for the contract by offering a program that allows the State of Georgia to save a majority of the fees it was paying to its previous supplier, while significantly streamlining the services procurement process, and adding functionality and value-added services.