Fiduciary oversight of the federal retirement thrift investment board

Ended Awarded Last action

Contract number
1605C121F00079
Awardee
Awarding agency
Obligated
$1,212,082

Award facts

Contract value 100% obligated
$1,212,082.00 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
West McLean, VA 22102, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00004 -$918
Supplemental Agreement for work within scope P00003 $0
Supplemental Agreement for work within scope P00002 · EO 14026 fiduciary oversight of the federal retirement thrift investment board $0
Supplemental Agreement for work within scope P00001 $0
Original award $1,213,000

About this award

KPMG LLP Federal Services received a $1.21 million firm fixed-price blanket purchase agreement (BPA) call award for fiduciary oversight services related to the Federal Retirement Thrift Investment Board (FRTIB). The contract was awarded on September 13, 2021, with completion targeted for September 29, 2022, and performance taking place in West McLean, Virginia. As a BPA call under a larger master contract vehicle, this award represents a task order issued against KPMG's existing blanket purchase agreement authorization. The contract carries no set-aside designation, reflecting KPMG's status as a large unrestricted contractor capable of delivering specialized professional services to federal agencies.

KPMG LLP Federal Services, one of the "Big Four" global professional services firms, brings substantial expertise in financial management, audit, risk management, and fiduciary compliance services to support FRTIB's operations. The FRTIB, which administers the Thrift Savings Plan for federal employees and military service members, benefits from KPMG's deep experience in financial oversight and regulatory compliance across the federal government. KPMG maintains an extensive federal contracting portfolio exceeding $13 billion in aggregate contract ceiling values across multiple agencies and vehicles, positioning the firm as a strategic partner for complex government financial management challenges and fiduciary responsibilities.

Quick answers

Who was awarded contract 1605C121F00079?

1605C121F00079 was awarded to Kpmg LLP by Office of the Assistant Secretary for Administration and Management (Department of Labor) on September 13, 2021.

How much is contract 1605C121F00079 worth?

The government has obligated $1,212,082 on 1605C121F00079.

Which agency awarded contract 1605C121F00079?

Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605C121F00079, with funding from National Office (Employee Benefits Security Administration).

Is contract 1605C121F00079 an order under another contract?

Yes. 1605C121F00079 is a BPA call under GS00F275CA-1605DC19A0018, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 1605C121F00079 competed?

The extent of competition for 1605C121F00079 was full and open competition.

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