Task order fiduciary oversight services contract of the federal retirement thrift investment board
Ended Awarded Last action
- Contract number
- 1605C122F00088
- Awardee
-
Kpmg LLP UEI MAA3SBSDQVM1 Part of Kpmg L.L.P.
- Awarding agency
-
Office of the Assistant Secretary for Administration and Management
Department of Labor
- Obligated
- $3,100,000
Award facts
- Opportunity
-
- 1605C122Q00136 Solicitation number
- Contract value 100% obligated
- $3,100,000.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- National Office Employee Benefits Security Administration, Department of Labor
- NAICS code
- 541211 Offices of Certified Public Accountants
- PSC
- R704 Support- Management: Auditing
- Competition
- Full and Open Competition Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20210, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $3,100,000 |
About this award
KPMG LLP Federal Services received a $3.1M task order award under the Federal Retirement Thrift Investment Board's Fiduciary Oversight Services Blanket Purchase Agreement, with a completion date of September 29, 2023. This firm fixed-price contract, awarded September 23, 2022, supports the FRTIB's mission to administer retirement savings and investment services for federal employees through the Thrift Savings Plan. As one of the "Big Four" professional services firms, KPMG delivers comprehensive fiduciary oversight, audit, and advisory services critical to ensuring compliance and prudent management of the TSP's substantial assets and operations. The work is performed in Washington, DC, the location of FRTIB's national office.
KPMG engaged Allmond & Co, LLC, a minority-owned small disadvantaged business based in Maryland, as a subcontractor for financial statement audit services under this task order, awarded December 22, 2022. Allmond & Co brings specialized expertise in federal financial auditing, having supported multiple civilian agencies including the Small Business Administration, Department of Homeland Security, and Treasury on complex audit engagements. This subcontracting arrangement reflects KPMG's commitment to leveraging small business capabilities while delivering the fiduciary oversight and audit support necessary for the FRTIB to maintain the integrity and accountability of the nation's largest federal employee retirement savings program.
Quick answers
Who was awarded contract 1605C122F00088?
1605C122F00088 was awarded to Kpmg LLP by Office of the Assistant Secretary for Administration and Management (Department of Labor) on September 23, 2022.
How much is contract 1605C122F00088 worth?
The government has obligated $3,100,000 on 1605C122F00088.
Which agency awarded contract 1605C122F00088?
Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605C122F00088, with funding from National Office (Employee Benefits Security Administration).
Is contract 1605C122F00088 an order under another contract?
Yes. 1605C122F00088 is a BPA call under GS00F275CA-1605DC19A0018, a blanket purchase agreement, on Multiple Award Schedule (MAS).
Was contract 1605C122F00088 competed?
The extent of competition for 1605C122F00088 was full and open competition.
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