Army working capital fund corrective actions

Ended Awarded Last action

Contract number
0003
Awardee
Awarding agency
Obligated
$6,567,911

Award facts

Contract value 100% obligated
$6,567,910.99 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of the Secretary Headquarters, Department of Defense
Set-aside
No set-aside
Competition
Competed under SAP · 2 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Washington, VA 20310, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action 5 · Deob of excess funds. -$58,862
Other Administrative Action 4 · Base year labor awcf corrective actions $696,743
Exercise an Option 3 $699,075
Other Administrative Action 2 · Extension awcf corrective actions $749,981
Exercise an Option 1 · Exercise OY1 $1,833,484
Original award $2,647,491

About this award

This federal contract award, valued at $6,567,910.99, was made by the U.S. Army to Kearney & Company, P.C., a certified public accounting firm specializing in government financial services. The contract is a Blanket Purchase Agreement (BPA) call to provide corrective actions for the Army Working Capital Fund (AWCF). Key tasks include addressing existing AWCF financial statement weaknesses, audit report findings affecting audit readiness, accounting transaction issues, and executing AWCF financial improvement and audit readiness actions.

Kearney & Company has subcontracted portions of the work to two small businesses: Castro & Company, LLC, a minority-owned Hispanic American firm, and Frontier Inc., a minority-owned Black American firm. The subcontractors will provide audit support services, financial management, accounting, and advisory services to assist in strengthening the AWCF's financial operations and audit readiness. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 0003?

0003 was awarded to Kearney & Company, P.C. by ACC Aberdeen Proving Ground (Army Contracting Command) on June 16, 2016.

How much is contract 0003 worth?

The government has obligated $6,567,911 on 0003.

Which agency awarded contract 0003?

ACC Aberdeen Proving Ground (Army Contracting Command) awarded 0003, with funding from Office of the Secretary (Headquarters).

Is contract 0003 an order under another contract?

Yes. 0003 is a BPA call under W912DY12A0005, a blanket purchase agreement.

Was contract 0003 competed?

The extent of competition for 0003 was competed under sap. The government received 2 offers.

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