Fraud risk management (FRM) is being pursued in response to the government accountability office (GAO) a framework for managing fraud risks in federal programs. FRM manages risk analysis, and…
Active Awarded Last action
- Contract number
- FA701424F0421
- Awardee
-
Kpmg LLP UEI MAA3SBSDQVM1
- Awarding agency
-
District Washington
Headquarters Air Force, Department of Defense
- Obligated
- $3,496,718
Award facts
- Contract value 87% obligated
- $3,997,191.08 Current and potential, with all options
- Completion date 75% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- West McLean, VA 22102, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $432,936 | |
| Funding Only Action | $67,064 | |
| Exercise an Option | $1,500,000 | |
| Original award | $1,496,718 |
About this award
The Department of the Air Force issued a delivery order to KPMG LLP on September 24, 2024, under the Air Force Strategic Transformation Support (AFSTS) indefinite delivery vehicle for fraud risk management services in response to Government Accountability Office guidance on managing fraud risks in federal programs. The order carries a ceiling value of $3,997,191.08 and is priced on a firm fixed-price basis, with performance through June 16, 2027.
Place of performance is West McLean, VA. AFSTS is a single-award indefinite delivery contract supporting strategic transformation and advisory services across the Air Force.
Fraud risk management encompasses risk analysis, planning, and documentation supporting the Department of the Air Force. Subcontractors include Significance Inc., an economically disadvantaged women-owned small business providing financial management and audit remediation support, and Audient Group LLC, a woman-owned small business delivering fraud vulnerability analysis and strategic advisory services.
Description
Fraud risk management (FRM) is being pursued in response to the government accountability office (GAO) a framework for managing fraud risks in federal programs. FRM manages risk analysis, and associated planning and documentation for DAF.
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| Significance Inc. | $800,000 | |
| Audient Group LLC | $800,000 |
Quick answers
Who was awarded contract FA701424F0421?
FA701424F0421 was awarded to Kpmg LLP by District Washington (Headquarters Air Force) on September 24, 2024.
How much is contract FA701424F0421 worth?
The government has obligated $3,496,718 on FA701424F0421. Its current value, with exercised options, is $3,997,191.
Is contract FA701424F0421 an order under another contract?
Yes. FA701424F0421 is a delivery order under FA701420D0009, an indefinite delivery contract, on Air Force Strategic Transformation Support (AFSTS).
Was contract FA701424F0421 competed?
The extent of competition for FA701424F0421 was full and open competition. The government received 2 offers.
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