LinTech Global Awarded $7 Million Task Order by the Treasury Federal Financing Bank (FFB)
FARMINGTON HILLS, MI, March 2, 2016 – LinTech Global (LinTech) has been awarded a Task Order by the Treasury Federal Financing Bank (FFB) to provide Loan Management Control System (LMCS) software applications support. LinTech will be responsible to support software development, application maintenance, system administration and project management for LCMS applications.
“We’re honored to have this opportunity to enhance LMCS applications to provide support to their missions with our expertise and experience. LinTech is very proud to broaden our strong partnership with Federal Agencies with this contract with the FFB, and to provide them with outstanding applications solutions and reliable IT services,” said Michael Lin, President/CEO of LinTech.
The FFB was established to centralize and reduce the cost of federal borrowing, as well as federally-assisted borrowing from the public. The FFB was also established to deal with federal budget management issues which occurred when off-budget financing flooded the government securities market with offers of a variety of government-backed securities that were competing with Treasury securities. Today the FFB has statutory authority to purchase any obligation issued, sold, or guaranteed by a federal agency to ensure that fully guaranteed obligations are financed efficiently.
About LinTech Global
Founded in 2007, LinTech is a CMMI-DEV Level 3 and ISO® 9001:2008 certified enterprise IT consulting services with core competencies in Agile Software Development, IT Infrastructure Support, Cyber Security, Health IT and Audio/Visual (AV) Solutions. LinTech’s customers include U.S. Army, U.S Navy, Defense Contract Audit Agency (DCAA), Defense Health Agency (DHA), Department of Veterans Affairs (VA), Department of Treasury, Federal Aviation Administration (FAA), Missile Defense Agency (MDA), Washington Headquarters Services (WHS), Court Services and Offender Supervision Agency (CSOSA) and other Government clients.
As an SBA approved 8(a) program participant and small business, LinTech holds prime contract GWAC vehicles including 8(a) STARS II, GSA IT Schedule 70, GSA MOBIS, FAA eFAST, and the Navy SeaPort-e.