In order to materially enhance control over, and accountability for, available resources, the cfoa, office of management and budget (OMB) circulars, department of the treasury (treasury)…
Ended Awarded Last action
- Contract number
- 1605DC19F00102
- Awardee
-
Verdi Consulting Inc. UEI LJZTN4LHMVR3
- Awarding agency
-
Office of the Assistant Secretary for Administration and Management
Department of Labor
- Obligated
- $2,399,937
Award facts
- Opportunity
-
- 1605DC19Q00093 Solicitation number
- Contract value 81% obligated
- $2,970,294.51 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Office of the Chief Financial Officer Department of Labor
- NAICS code
- 541219 Other Accounting Services
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- Washington, DC 20210, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$204,063 | |
| Original award | $2,604,000 |
About this award
The Department of Labor (DOL) Office of the Chief Financial Officer (OCFO) awarded a $2,970,294.51 Delivery Order to Verdi Consulting Inc., a Washington DC-based small disadvantaged business, to provide professional accounting support services. This Delivery Order is part of the DOL Financial Services master Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The purpose is to assist the OCFO in preparing timely, accurate, and consistent financial reports and statements in accordance with federal financial management laws and regulations, including the Chief Financial Officers Act, OMB Circulars, and the Government Performance and Results Act. The award does not have a set-aside designation.
Description
In order to materially enhance control over, and accountability for, available resources, the cfoa, office of management and budget (OMB) circulars, department of the treasury (treasury) regulations, the government performance and results act (gpra), the government management reform act (gmra), and the federal financial management improvement act (ffmia) require the preparation of financial reports and statements in accordance with applicable accounting standards. Within the department, agencies are responsible for preparing financial statements and/or compiling financial data for their particular program activities for inclusion in the department's consolidated financial statements and for transmission of the department's trial balance to treasury via the government-wide treasury account symbol adjusted trial balance system (gtas). . Pursuant to responsibilities under the cfoa, the ocfo must ensure that the agency financial statement compilation data are timely, accurate, and consistent with appropriate reporting requirements; prepare the department's financial statements; cooperate with the office of the inspector general (OIG) in the OIG's audit of the financial statements; and prepare the final annual financial statements for the department reflecting the inspector general's audit opinion and the data statutorily required by all federal financial management laws, regulations, and guidance. In order to properly fulfill these responsibilities, the ocfo requires professional accounting support services.
Quick answers
Who was awarded contract 1605DC19F00102?
1605DC19F00102 was awarded to Verdi Consulting Inc. by Office of the Assistant Secretary for Administration and Management (Department of Labor) on March 26, 2019.
How much is contract 1605DC19F00102 worth?
The government has obligated $2,399,937 on 1605DC19F00102. Its current value, with exercised options, is $2,970,295.
Which agency awarded contract 1605DC19F00102?
Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605DC19F00102, with funding from Office of the Chief Financial Officer (Department of Labor).
Is contract 1605DC19F00102 an order under another contract?
Yes. 1605DC19F00102 is a delivery order under DOLJ149635388, an indefinite delivery contract, on DOL Financial Services.
Was contract 1605DC19F00102 competed?
The extent of competition for 1605DC19F00102 was full and open competition. The government received 1 offer.
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