BPA call 5-the contractor shall provide support for ensuring agency financial statements and other financial reports meet federal financial reporting standards and regulations. This includes but is…

Ended Awarded Last action

Contract number
95332A24F00040
Awardee
Awarding agency
Obligated
$12,082,192

Award facts

Contract value 100% obligated
$12,082,192.44 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Competition
Full and Open Competition Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20024, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00007 · Financial statements/reports support services - to deobligate -$4,880,419
Funding Only Action P00006 · Financial statements/reports support services - deobligate excess funds -$5,854,362
Other Administrative Action P00005 · Change COR INV/approver $0
Terminate for Convenience P00004 · Notice of termination for convenience (COMPLETE) $0
Funding Only Action P00003 $0
Funding Only Action P00002 $0
Funding Only Action P00001 · The purpose of this modification is to adjust funding string lines. No other changes were made. All other terms and conditions remain the same. $0
Original award $22,816,974

About this award

Ernst & Young LLP has been awarded a Blanket Purchase Agreement (BPA) Call 5 by the Office of Procurement Services for the Office of the Inspector General with a ceiling value of $12.1 million and an ultimate completion date of September 29, 2025. Under this firm fixed-price contract, Ernst & Young will provide financial statement and reporting support services to ensure the agency's financial statements and other financial reports comply with federal financial reporting standards and regulations. The scope includes support for the Annual Management and Review (AMR) and agency budget requests. The contractor is deobligating $4.88 million in excess funds as part of this award, which was issued on September 30, 2024. The contract is performed in Washington, DC and carries no set-aside designation, indicating open market competition.

This award is structured as a task order under Ernst & Young's General Services Administration Multiple Award Schedule contract, leveraging the firm's extensive federal presence as a "Big Four" professional services firm. Ernst & Young maintains significant financial management and compliance expertise across federal agencies, with substantial experience in financial statement auditing, internal control implementation, and budget analysis. The firm's portfolio of federal vehicles includes multiple large-value agreements with agencies such as the Department of Defense, Department of Homeland Security, and the General Services Administration. This particular engagement reflects the Office of the Inspector General's continued reliance on specialized external expertise for maintaining rigorous financial reporting standards and regulatory compliance.

Description

BPA call 5-the contractor shall provide support for ensuring agency financial statements and other financial reports meet federal financial reporting standards and regulations. This includes but is not limited to the AMR and agency budget requests. T

Quick answers

Who was awarded contract 95332A24F00040?

95332A24F00040 was awarded to Ernst & Young LLP by Office of Procurement Services (Corporation for National and Community Service) on September 30, 2024.

How much is contract 95332A24F00040 worth?

The government has obligated $12,082,192 on 95332A24F00040.

Is contract 95332A24F00040 an order under another contract?

Yes. 95332A24F00040 is a BPA call under GS00F290CA-95332A23A00007, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 95332A24F00040 competed?

The extent of competition for 95332A24F00040 was full and open competition.

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