UNBELIEVABLE: State of Colorado wastes $58 million

The same company blamed for the Obamacare website debacle has come to Colorado to upgrade IT systems. Who could've guessed it would have resulted in a massive failure?

Thankfully Secretary of State Scott Gessler identified the problem early on.

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SOURCE: Fox31 KDVR

DENVER – “A disaster in the making.” That’s just one way Secretary of State Scott Gessler describes Colorado’s new $58 million computerized accounting system.

The computer endeavor is called CORE (Colorado Operations and Resource Engine). State agencies have been told to start using it Tuesday, July 1.

However, internal documents obtained by FOX31 Denver show the system isn’t even close to ready and won’t work as planned.

If you receive any state benefits, pay fees or taxes, or are a vendor who does business with Colorado, this does affect you.

It’d be tough to find an accountant for any state agency who would describe the current financial tracking system as modern. We’ve been told it’s old and slow and long overdue for retirement.

So, about three years ago, the Governor`s Office of Information Technology (or OIT) and the Department of Personnel and Administration hired the biggest private computer companies around to fix it.

CenturyLink and CGI led the way.

CGI is the same tech company largely blamed for the HealthCare.gov website debacle.

Read more of the article here.