Fiduciary oversight of the federal retirement thrift investment board
Ended Awarded Last action
- Contract number
- 1605C123F00060
- 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
- $2,500,000
Award facts
- Opportunity
-
- 1605C123Q00101 Solicitation number
- Contract value 100% obligated
- $2,500,000.00 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 20006, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $2,500,000 |
About this award
KPMG LLP Federal Services was awarded a $2.5M firm fixed-price blanket purchase agreement (BPA) call for fiduciary oversight services of the Federal Retirement Thrift Investment Board (FRTIB), a civilian federal agency. The contract, awarded on September 26, 2023, with an ultimate completion date of September 29, 2024, is being performed in Washington, DC. This engagement represents KPMG's continued support to federal agencies in financial management and oversight functions, consistent with the firm's extensive portfolio of audit, compliance, and advisory service contracts across the federal government. The award carries no set-aside designation, reflecting KPMG's competitive positioning as a large, unrestricted prime contractor.
Under this contract, KPMG engaged Bulletproof Solutions Inc. (Gaming Laboratories International, LLC Division) as a subcontractor on January 17, 2024, to support financial audit and examination work for the U.S. Army General Fund and Working Capital Fund. Bulletproof Solutions, which holds a GSA Federal Supply Schedule contract for IT professional services and cybersecurity support, contributed specialized expertise to the broader audit and fiduciary oversight engagement. This subcontracting arrangement demonstrates KPMG's typical practice of leveraging specialized partners to deliver comprehensive professional services across multiple federal client requirements.
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| Bulletproof Solutions Inc. | $150,000 |
Quick answers
Who was awarded contract 1605C123F00060?
1605C123F00060 was awarded to Kpmg LLP by Office of the Assistant Secretary for Administration and Management (Department of Labor) on September 26, 2023.
How much is contract 1605C123F00060 worth?
The government has obligated $2,500,000 on 1605C123F00060.
Which agency awarded contract 1605C123F00060?
Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605C123F00060, with funding from National Office (Employee Benefits Security Administration).
Is contract 1605C123F00060 an order under another contract?
Yes. 1605C123F00060 is a BPA call under GS00F275CA-1605DC19A0018, a blanket purchase agreement, on Multiple Award Schedule (MAS).
Was contract 1605C123F00060 competed?
The extent of competition for 1605C123F00060 was full and open competition.
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