Accenture was named lead contractor for Obamacare enrollment Web site after CGI Federal's failure on the said Web site's launch in October 2014, the Centers for Medicare and Medicaid Services (CMS) said.

"As CMS moves forward in our efforts to help consumers access quality, affordable health coverage, we have selected Accenture to become the lead contractor for the HealthCare.gov portal and to prepare for next year's open enrollment period," CMS said.

CMS awarded the contract to Accenture after perusing over a dozen firms. The contract, which included a transition plan to define the work required, was worth $45 million for the initial phase of the project, according to Accenture.

Accenture said that the contract will be based on mutually agreed upon work plans. This will help determine the final value of the 1-year contract.

"We are honored to be part of the team of technology and healthcare companies and government professionals helping the federal government meet the healthcare coverage needs of its citizens," David Moskovitz, Accenture Federal Services chief executive, said. "Accenture will bring deep healthcare industry insight as well as proven experience building large-scale, public-facing websites to continue improving HealthCare.gov," he added.

CGI Federal, a subsidiary of CGI Group, created the Web site HealthCare.gov. The said Web site ran on glitches and slow speed for weeks after the launch which created a political crisis for President Barack Obama. Although there had been an improvement, there are still technical malfunction plaguing the system.

President Obama acknowledged that he deserved the blame of angry Americans for the Obamacare fiasco.

"I think it's legitimate for [Americans] to expect me to have to win back some credibility. And, you know, that's on me. I mean, we fumbled the rollout on this," the U.S. President said pertaining to the collapse of the healthcare Web site on its launch.