Cornerstone Signs a Five-Year, $20 Million Blanket Purchase Agreement with the U.S. Department of the Treasury

Cornerstone OnDemand CSOD today announced that the U.S. Department of the Treasury has selected the company's integrated learning and talent management software solution, including platforms for learning management, performance management, succession planning and enterprise social networking, to support its workforce management and leadership development needs. Through a five-year blanket purchase agreement, the U.S. Treasury is authorized, but not guaranteed, to spend up to $20 million in software and services from Cornerstone depending on actual task orders received from the federal government. Initial task orders include deployments for the U.S. Treasury headquarters' departmental offices and the Office of the Comptroller of the Currency.