Audit services for fiduciary oversight of the federal retirement thrift investment board (frtib).

Ended Awarded Last action

Contract number
1605C125F00048
Awardee
Awarding agency
Obligated
$2,554,122

Award facts

Opportunity
  • 1605C125Q00091 Solicitation number
Contract value 100% obligated
$2,557,189.88 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
National Office Employee Benefits Security Administration, Department of Labor
Competition
Full and Open Competition Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20210, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00002 $0
Supplemental Agreement for work within scope P00001 $0
Original award $2,554,122

About this award

The General Services Administration issued a BPA call to KPMG LLP under the Multiple Award Schedule for audit services supporting fiduciary oversight of the Federal Retirement Thrift Investment Board, with a ceiling value of $2,557,189.88 and an award date of September 29, 2025. Performance of audit services is scheduled to conclude September 28, 2026, with work performed in Washington, DC 20210. The scope covers performance audits of the Thrift Savings Plan (TSP). KPMG is supported by subcontractors TFC Consulting Inc., RM Advisory Services, LLC, and Allmond & Co, LLC, which assist the prime team in conducting the TSP performance audits.

Subawards

Subcontractor Amount Awarded
TFC Consulting Inc. AUDIT SERVICES FOR FIDUCIARY OVERSIGHT OF THE FEDERAL RETIREMENT THRIFT INVESTMENT BOARD (FRTIB). TFC.DOL.EBSA.Performance.2026.IDIQ.TO 00048 FY26 Performance… $40,000
RM Advisory Services, LLC AUDIT SERVICES FOR FIDUCIARY OVERSIGHT OF THE FEDERAL RETIREMENT THRIFT INVESTMENT BOARD (FRTIB). RMA.DOL.EBSA.Performance.2026.IDIQ.TO 00048 FY26 Performance… $40,000
Allmond & Co, LLC AUDIT SERVICES FOR FIDUCIARY OVERSIGHT OF THE FEDERAL RETIREMENT THRIFT INVESTMENT BOARD (FRTIB). Allmond.DOL.EBSA.Performance.2026.IDIQ.TO 00048 FY26… $100,000

Quick answers

Who was awarded contract 1605C125F00048?

1605C125F00048 was awarded to Kpmg LLP by Office of the Assistant Secretary for Administration and Management (Department of Labor) on September 29, 2025.

How much is contract 1605C125F00048 worth?

The government has obligated $2,554,122 on 1605C125F00048. Its current value, with exercised options, is $2,557,190.

Which agency awarded contract 1605C125F00048?

Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605C125F00048, with funding from National Office (Employee Benefits Security Administration).

Is contract 1605C125F00048 an order under another contract?

Yes. 1605C125F00048 is a BPA call under GS00F275CA-1605C125A0005, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 1605C125F00048 competed?

The extent of competition for 1605C125F00048 was full and open competition.

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