Assess the frtib through a series of audits to ensure fersa compliance and identify prohibited fiduciary activities.
Ended Awarded Last action
- Contract number
- 1605DC19F00346
- 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
- $2,483,083
Award facts
- Contract value 100% obligated
- $2,483,082.77 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
- R499 Support- Professional: Other
- Competition
- Full and Open Competition Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20002, 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 | -$85,917 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $2,569,000 |
About this award
KPMG LLP Federal Services was awarded a Blanket Purchase Agreement call order valued at $2.48M through the Professional Services Schedule to conduct a series of audits assessing the Federal Retirement Thrift Investment Board (FRTIB) for compliance with the Federal Employees' Retirement System Act (FERSA) and to identify prohibited fiduciary activities. The contract, awarded September 27, 2019, with an ultimate completion date of September 29, 2020, was performed in Washington, DC. This modification action de-obligated excess funds totaling $85,917.23 from the original order. KPMG LLP Federal Services, one of the "Big Four" global professional services firms, maintains extensive federal contracting capabilities through multiple indefinite delivery vehicles valued at approximately $13 billion in aggregate ceiling value, positioning the firm as a strategic partner for complex government compliance and financial audit initiatives.
The engagement included subcontracting support from multiple specialized firms. Allmond & Co, LLC, a minority-owned small disadvantaged business headquartered in Lanham, Maryland, was awarded two subcontracts in early 2020 to assist with performance audits of the Thrift Savings Plan record-keeping system's controls and related prior-year finding follow-up, with work locations in Washington, DC and Tampa, Florida. Additional subcontractor support was provided by FSD Consulting Group, LLC (for general audit support), Stuart Henderson operating as Henderson Group (for Mainframe Performance Audit support), and SNS One Inc., a Service-Disabled Veteran-Owned Small Business, for IT audit and vulnerability testing services. The contract had no set-aside designation, reflecting KPMG's competitive positioning as a large unrestricted contractor capable of delivering specialized federal audit and compliance services.
Quick answers
Who was awarded contract 1605DC19F00346?
1605DC19F00346 was awarded to Kpmg LLP by Office of the Assistant Secretary for Administration and Management (Department of Labor) on September 27, 2019.
How much is contract 1605DC19F00346 worth?
The government has obligated $2,483,083 on 1605DC19F00346.
Which agency awarded contract 1605DC19F00346?
Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605DC19F00346, with funding from National Office (Employee Benefits Security Administration).
Is contract 1605DC19F00346 an order under another contract?
Yes. 1605DC19F00346 is a BPA call under GS00F275CA-1605DC19A0018, a blanket purchase agreement, on The Professional Services Schedule (PSS).
Was contract 1605DC19F00346 competed?
The extent of competition for 1605DC19F00346 was full and open competition.
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