Commodity credit corporation (CCC) and federal crop insurance corporation/risk management agency (fcic/RMA) financial statement audits
Active Awarded Last action
- Contract number
- 12FPC424F0024
- Awardee
-
Kpmg LLP UEI MAA3SBSDQVM1 Part of Kpmg L.L.P.
- Awarding agency
-
Farm Production and Conservation
Department of Agriculture
- Obligated
- $5,707,946
Award facts
- Opportunity
-
- 12FPC424Q0012 Solicitation number
- Contract value 100% obligated
- $5,707,946.06 Current and potential, with all options
- Completion date 89% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Farm Service Agency Department of Agriculture
- NAICS code
- 541211 Offices of Certified Public Accountants
- PSC
- R704 Support- Management: Auditing
- 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
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$70,000 | |
| Exercise an Option | $1,990,747 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$60,324 | |
| Exercise an Option | $1,945,741 | |
| Other Administrative Action | $0 | |
| Original award | $1,901,781 |
About this award
The Farm Service Agency issued a delivery order to KPMG LLP on February 15, 2024, for financial statement audits of the Commodity Credit Corporation and Federal Crop Insurance Corporation/Risk Management Agency, with a ceiling value of $5.7 million and ultimate completion date of February 14, 2027.
The delivery order is issued under the GSA Multiple Award Schedule. Place of performance is West McLean, VA. This is a firm fixed price order with no set-aside.
KPMG LLP invoiced $1.3 million in FY2024 across 3.8 FTEs and 7,807 contractor hours at a derived government-paid rate of $165.49 per hour. FY2025 invoicing reached $1.9 million across 5.6 FTEs. The prime self-performed all reported hours with no subcontractors reported in FY2025.
Quick answers
Who was awarded contract 12FPC424F0024?
12FPC424F0024 was awarded to Kpmg LLP by Farm Production and Conservation (Department of Agriculture) on February 15, 2024.
How much is contract 12FPC424F0024 worth?
The government has obligated $5,707,946 on 12FPC424F0024.
Which agency awarded contract 12FPC424F0024?
Farm Production and Conservation (Department of Agriculture) awarded 12FPC424F0024, with funding from Farm Service Agency (Department of Agriculture).
Is contract 12FPC424F0024 an order under another contract?
Yes. 12FPC424F0024 is a delivery order under GS00F275CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 12FPC424F0024 competed?
The extent of competition for 12FPC424F0024 was full and open competition. The government received 2 offers.
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