Financial statement audit contract

Active Awarded Last action

Contract number
36C10M25F50011
Awardee
Awarding agency
Obligated
$13,482,657

Award facts

Contract value 32% obligated
  • $13,934,889.92 Current, with exercised options
  • $42,501,258.00 Potential, with all options
Completion date 36% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Alexandria, VA 22314, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00007 · Equitable adjustment $126,000
Exercise an Option P00004 · Exercise and fully fund option year i. $6,738,795
Funding Only Action P00003 · To establish new financial statement audit contract. Base year w/ 4 option years - incremental funding. $3,117,862
Funding Only Action P00002 · Incremental funding $1,000,000
Funding Only Action P00001 · Financial statement audit incremental funding $2,500,000
Original award $0

About this award

The General Services Administration issued a $42.5 million delivery order to Kearney & Company, P.C. on January 1, 2025, for a financial statement audit contract with an ultimate completion date of December 31, 2029, under the GSA Multiple Award Schedule (MAS).

Place of performance is Alexandria, VA 22314. The order is priced on a firm fixed price basis with no set-aside. Kearney & Company is a certified public accounting firm delivering federal financial management, audit, and compliance services across civilian and defense agencies. Subcontractors on this engagement include Integrated Financial Engineering Inc., Mcconnell & Jones L.L.P., Samlin Consulting, Lewis & Ellis, LLC, and Alford And Rambaran LLC.

In FY2025, the order invoiced $3.6 million across 17.2 FTEs and 35,692 contractor hours at a blended derived government-paid hourly rate of $101.40/hr. Subcontractors accounted for 20% of contractor hours in that fiscal year. The order carries firm fixed price pricing structured across fiscal years FY2025 through FY2029.

Subawards

Subcontractor Amount Awarded
Integrated Financial Engineering Inc. FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit FY 25 - FY 30 $120,000
Mcconnell & Jones L.L.P. FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit FY 25 - FY 29 $215,391
Mcconnell & Jones L.L.P. FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit FY 25 - FY 29 $94,028
Integrated Financial Engineering Inc. FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit Support Services $242,640
Samlin Consulting FINANCIAL STATEMENT AUDIT CONTRACT VA Financial Statement Audit $900,930
Lewis & Ellis, LLC FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit FY 25 - FY 29 $259,364
Samlin Consulting FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit FY 25 - FY 29 $1,707,214
Alford And Rambaran LLC FINANCIAL STATEMENT AUDIT CONTRACT VA Financial Statement Audit $666,709
Lewis & Ellis, LLC FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit $119,489
Alford And Rambaran LLC FINANCIAL STATEMENT AUDIT CONTRACT Financial Statement Audit FY 25 - FY 29 $1,336,283

Quick answers

Who was awarded contract 36C10M25F50011?

36C10M25F50011 was awarded to Kearney & Company, P.C. by Headquarters (Department of Veterans Affairs) on January 1, 2025.

How much is contract 36C10M25F50011 worth?

The government has obligated $13,482,657 on 36C10M25F50011. Its current value, with exercised options, is $13,934,890. Its potential value, with all options, is $42,501,258.

Is contract 36C10M25F50011 an order under another contract?

Yes. 36C10M25F50011 is a delivery order under GS00F031DA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 36C10M25F50011 competed?

The extent of competition for 36C10M25F50011 was full and open competition. The government received 2 offers.

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