Toig requires contractor support to conduct the required audits, examinations, and fisma evaluation, as follows: a. Audit of the department of the treasury's financial statements b. Audit of the BEP's…

Active Awarded Last action

Contract number
2031LL23F00006
Awardee
Awarding agency
Obligated
$24,974,796

Award facts

Opportunity
  • RFQ1597696 Solicitation number
Contract value 79% obligated
  • $24,974,796.10 Current, with exercised options
  • $31,654,362.46 Potential, with all options
Completion date 73% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20001, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00024 · Audit of the department of the treasury's financial statements- add COR designation list $0
Supplemental Agreement for work within scope P00023 · Audit of the department of the treasury's financial statements- compensate kpmg for increased level of effort $63,753
Other Administrative Action P00022 · Audit of the department of the treasury's financial statements- incorporate clause 52.222-90 $0
Funding Only Action P00021 $2,309,732
Other Administrative Action P00020 · Audit of the department of the treasury's financial statements - obligate funding add additional task. $4,238,868
Exercise an Option P00019 · Audit of the department of the treasury's financial statements - exercise option year 3 $0
Other Administrative Action P00017 $0
Funding Only Action P00016 · Financial statement audits, examinations, and federal information security management act audits of the department of the treasury - fully fund contract line… $2,360,242
Other Administrative Action P00015 · Update cors list $0
Funding Only Action P00014 $402,873
Other Administrative Action P00013 · Modification to FY25 task order #2031LL23F00006, option year 2. $0
Funding Only Action P00012 · Modification to FY25 task order #2031LL23F00006, backing off funding on ship to #4 project #OIG25005ADCP0 to correct funding code, once corrected funding to… -$368,281
Funding Only Action P00011 · Partial SAF removal $3,866,980
Exercise an Option P00010 · Modification to FY25 task order #2031LL23F00006, option year 2 to exercise OY2 (2/16/2025-2/15/2026). SAF $0
Other Administrative Action P00009 · Modification to FY24 task order #2031LL23F00006, option year 1 to: 1. Increase funding by $4708,to the mint's travel accounting line. 2. Change contract primary… $4,708
Other Administrative Action P00008 · Modification to FY24 task order #2031LL23F00006, option year 1 to: 1. Remove do "subject to the availability of funds," far 52.232-18 2. Add additional and/or… $1,765,403
Funding Only Action P00007 · Modification to FY24 task order #2031LL23F00006, option year 1 to: 1)partially remove subject to availability of funds (SAF) for the funding that we have from… $4,317,201
Exercise an Option P00006 · The purpose of this modification is to make correction to MOD P00005 (exercise option year 1, clins 0003 and 0004 (subject to availability of funds) of the… $0
Exercise an Option P00005 · The purpose of this modification is to exercise option year 1, clins 0003 and 0004 (subject to availability of funds) of the department of the treasury's… $0
Funding Only Action P00004 · Contract #2031LL23F00006 modification to clin 0001 for: 1) additional level of effort, 584 hours ($71,910.86). Required by the community development financial… $71,911
Supplemental Agreement for work within scope P00003 · No cost modification to: change the end of the period of performance for the FY 2023 treasury audit contract and the option years. $0
Supplemental Agreement for work within scope P00002 · Supplemental modification for increase in contract amount to provide for in-scope work identified as optional tasks in PWS not requested by the customer… $85,190
Other Administrative Action P00001 $5,856,217
Original award $0
Show all 24

About this award

Written by GovTribe AI ·

The Treasury Office of Inspector General issued a delivery order to KPMG LLP on March 6, 2023, under the GSA Multiple Award Schedule (MAS) for financial statement audits of the Department of the Treasury and the Bureau of Engraving and Printing, FISMA evaluations, and related audit services, with a ceiling value of $31.65 million and firm fixed pricing.

Place of performance is Washington, DC. The order runs through February 15, 2028. The scope includes audits of Treasury's and BEP's financial statements, examinations, and FISMA compliance assessments, with a Chief of the Contracting Officer designation list added to the audit requirements.

In FY2025, the order deployed 18.6 FTEs across 38,649 contractor hours, generating $5.9 million in invoiced labor. The derived government-paid hourly rate rose from $46.16 per hour in FY2023 to $152.14 per hour in FY2025. Subcontractors accounted for 27 percent of contractor hours in FY2025, with seven named firms providing specialized audit and financial services support.

Description

As the agency reported it.

Toig requires contractor support to conduct the required audits, examinations, and fisma evaluation, as follows: a. Audit of the department of the treasury's financial statements b. Audit of the BEP's financial statements c. Fiscal servi

Quick answers

Who was awarded contract 2031LL23F00006?

2031LL23F00006 was awarded to Kpmg LLP by Office of Inspector General (Department of the Treasury) on March 6, 2023.

How much is contract 2031LL23F00006 worth?

The government has obligated $24,974,796 on 2031LL23F00006. Its potential value, with all options, is $31,654,362.

Is contract 2031LL23F00006 an order under another contract?

Yes. 2031LL23F00006 is a delivery order under GS00F275CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 2031LL23F00006 competed?

The extent of competition for 2031LL23F00006 was full and open competition. The government received 2 offers.

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