Computer Sciences Corp reports that it will participate in a $39.7m three-year contract from the Resolution Trust Corp, the US government organisation set up to unscramble the Savings & Loan fiasco: the contract, which has two optional one-year renewels in addition to the three-year base period, calls for payment, data processing, conversion and asset management services to support commercial non-real estate loans, consumer loans and residential and commercial real estate loans of failed savings banks in Texas, Louisiana and Mississippi; the contract was awarded to Texas Data Control, a Hispanic joint venture between Telacu/Carpenter, a minority joint venture, and CDM Financial Services, a venture where CSC Logic is a partner.
