OY4 fersa fiduciary compliance audits services

Ended Awarded Last action

Contract number
1605C124F00055
Awardee
Awarding agency
Obligated
$2,727,149

Award facts

Opportunity
  • 1605C124Q00138 Solicitation number
Contract value 100% obligated
$2,727,148.55 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
Funding Only Action P00001 -$22,851
Original award $2,750,000

About this award

Written by GovTribe AI ·

KPMG LLP Federal Services received a $2.73M firm fixed-price blanket purchase agreement call award on September 30, 2024, for OY4 Fiduciary Responsibility and Compliance Audits (FERSA) services, with an ultimate completion date of September 29, 2025. The contract is issued under a General Services Administration Multiple Award Schedule vehicle and will be performed primarily in Washington, DC. The award represents a task order or call against an existing BPA that funds comprehensive audit and compliance services supporting federal agency financial oversight and accountability functions. KPMG, one of the "Big Four" professional services firms, leverages its substantial federal contracting portfolio—which includes over $13 billion in aggregate indefinite delivery vehicle ceiling values—to deliver specialized audit, financial management, risk assessment, and strategic advisory services across civilian and defense agencies.

KPMG has engaged two small business subcontractors to support the engagement: Allmond & Co, LLC, a minority-owned small disadvantaged business headquartered in Lanham, Maryland, awarded a subcontract on January 28, 2025, and SNS One Inc., a Service Disabled Veteran Owned Small Business based in the Washington, DC area, awarded a subcontract on January 8, 2025. Both subcontractors will assist the KPMG team in conducting performance audits of the Thrift Savings Plan, with primary audit work occurring in Washington, DC and supplemental work performed remotely. The subcontracting arrangement demonstrates KPMG's commitment to federal small business utilization objectives while mobilizing specialized audit expertise to support the federal government's fiduciary compliance requirements.

Subawards

Subcontractor Amount Awarded
Allmond & Co, LLC OY4 FERSA FIDUCIARY COMPLIANCE AUDITS SERVICES The subontractor will assist the KPMG team in conducting the performance audits of the Thrift Savings Plan (TSP).… $100,000
SNS One Inc. OY4 FERSA FIDUCIARY COMPLIANCE AUDITS SERVICES The subontractor will assist the KPMG team in conducting the performance audits of the Thrift Savings Plan (TSP).… $100,000

Quick answers

Who was awarded contract 1605C124F00055?

1605C124F00055 was awarded to Kpmg LLP by Office of the Assistant Secretary for Administration and Management (Department of Labor) on September 30, 2024.

How much is contract 1605C124F00055 worth?

The government has obligated $2,727,149 on 1605C124F00055.

Which agency awarded contract 1605C124F00055?

Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605C124F00055, with funding from National Office (Employee Benefits Security Administration).

Is contract 1605C124F00055 an order under another contract?

Yes. 1605C124F00055 is a BPA call under GS00F275CA-1605DC19A0018, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 1605C124F00055 competed?

The extent of competition for 1605C124F00055 was full and open competition.

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