Thank you, Mr. Chairman. The systems replacement replaces the programs that operate our student records system, our system that we use for the income support program, and the system that we use for student financial assistance. This department operates a broad range of systems and the CMAS system provides an integrated approach to those systems for the department.

We needed to replace a number of the systems because of Y2K and also because a number of them were simply outdated and not very functional in terms of recording data or analysis. That is what this project is doing. Thank you.