Financial investigative services

Ended Awarded Last action

Contract number
HQ003425FE144
Awardee
Awarding agency
Obligated
$2,208,970

Award facts

Opportunity
  • HQ003424R0465 Solicitation number
Contract value 10% obligated
  • $2,208,970.40 Current, with exercised options
  • $22,173,483.47 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Funding agency
Inspector General Department of Defense
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 6 offers Multiple Award, Fair Opportunity
Pricing
Labor Hours
Place of performance
Alexandria, VA 22350, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00002 $0
Other Administrative Action P00001 · Financial support services $0
Original award $2,208,970

About this award

On June 2, 2025, the Department of Defense Office of Inspector General awarded a delivery order valued at $22.2 million to Madison Associates Inc., a Virginia-based professional services firm specializing in federal investigative and analytical support. This delivery order, designated as a Total Small Business set-aside, is issued under the Asset Forfeiture Investigation Services 2 (AFISS2) Indefinite Delivery/Indefinite Quantity contract with the Department of Justice and will be performed in Alexandria, Virginia through September 30, 2028. The contract covers financial investigative services and financial support services on a labor-hours pricing basis, leveraging Madison Associates' established expertise in complex financial analysis and investigative support across federal agencies.

Madison Associates will deliver specialized financial investigation and analytical services to support the Department of Defense Inspector General's oversight and investigative functions. The company brings substantial relevant experience through its role as a critical service provider under the $559.6 million AFISS2 IDIQ vehicle, which has generated over $132 million in task orders across multiple federal agencies. As a Subchapter S corporation headquartered in Leesburg, Virginia, Madison Associates has demonstrated capability in providing forensic financial analysis, investigative support, and regulatory compliance services to law enforcement and oversight agencies, positioning it to effectively support the Inspector General's financial investigative mission.

Quick answers

Who was awarded contract HQ003425FE144?

HQ003425FE144 was awarded to Madison Associates Inc. by Washington Headquarters Service (Department of Defense) on June 2, 2025.

How much is contract HQ003425FE144 worth?

The government has obligated $2,208,970 on HQ003425FE144. Its potential value, with all options, is $22,173,483.

Which agency awarded contract HQ003425FE144?

Washington Headquarters Service (Department of Defense) awarded HQ003425FE144, with funding from Inspector General (Department of Defense).

Is contract HQ003425FE144 an order under another contract?

Yes. HQ003425FE144 is a delivery order under 15JPSS23D00000069, an indefinite delivery contract, on Asset Forfeiture Investigation Services (AFISS2).

Was contract HQ003425FE144 competed?

The extent of competition for HQ003425FE144 was full and open competition after exclusion of sources. The government received 6 offers. It was set aside: Total Small Business.

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