Financial statement audit services

Ended Awarded Last action

Contract number
24322621F0066
Awardee
Awarding agency
Obligated
$5,030,296

Award facts

Opportunity
  • 24322621Q0019 Solicitation number
Contract value 58% obligated
  • $5,030,296.06 Current, with exercised options
  • $8,606,109.38 Potential, with all options
Completion date 100% complete
Current and 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
Arlington, VA 22209, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00013 · Deobligate FY21 funds from financial statement audit services task order. -$25,000
Funding Only Action P00012 $837,144
Supplemental Agreement for work within scope P00011 · Revolving fund financial statement audit services $558,096
Supplemental Agreement for work within scope P00010 · Bilateral modification to remove revolving fund task and DE-obligate remaining funds -$55,391
Exercise an Option P00009 · Exercise option year 2 $279,048
Funding Only Action P00008 $541,845
Funding Only Action P00007 $541,845
Supplemental Agreement for work within scope P00006 $0
Supplemental Agreement for work within scope P00005 · Revolving fund financial statement audit services $182,656
Exercise an Option P00004 $566,845
Funding Only Action P00003 $400,802
Funding Only Action P00002 $400,802
Other Administrative Action P00001 $0
Original award $801,603
Show all 14

About this award

The Office of Personnel Management issued a delivery order to Grant Thornton LLP on March 8, 2021, with a ceiling value of $8.6 million for financial statement audit services under the GSA Multiple Award Schedule (MAS).

Place of performance is Arlington, VA. The order's ultimate completion date is January 31, 2026.

Service Contract Inventory reporting shows actual government-invoiced labor declining over the order's life. FY2021 recorded $1.1 million invoiced across 3.9 FTEs and 8,210 contractor hours at a derived rate of $129.61/hr. FY2022 saw $1.4 million invoiced, 7.9 FTEs, and 16,373 contractor hours at $84.63/hr. FY2024 dropped to $545 thousand invoiced, 2.0 FTEs, and 4,155 contractor hours at $131.25/hr. Grant Thornton self-performed all reported hours in FY2024 with no subcontractors engaged.

Quick answers

Who was awarded contract 24322621F0066?

24322621F0066 was awarded to Grant Thornton LLP by Office of Personnel Management on March 8, 2021.

How much is contract 24322621F0066 worth?

The government has obligated $5,030,296 on 24322621F0066. Its potential value, with all options, is $8,606,109.

Is contract 24322621F0066 an order under another contract?

Yes. 24322621F0066 is a delivery order under GS00F143CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 24322621F0066 competed?

The extent of competition for 24322621F0066 was full and open competition. The government received 2 offers.

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