Cpsc annual financial statements audit

Active Awarded Last action

Contract number
61320623F0019
Awardee
Awarding agency
Obligated
$614,119

Award facts

Opportunity
  • CPS4000220005 Solicitation number
Contract value 81% obligated
  • $614,119.19 Current, with exercised options
  • $761,033.92 Potential, with all options
Completion date 74% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 11 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
West McLean, VA 22102, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00008 $0
Exercise an Option P00007 $143,470
Supplemental Agreement for work within scope P00006 $0
Exercise an Option P00005 · Financial statements audit contract $140,103
Exercise an Option P00004 $136,820
Change Order P00003 $55,548
Supplemental Agreement for work within scope P00002 $0
Other Administrative Action P00001 $0
Original award $138,178

About this award

The Consumer Product Safety Commission (CPSC) awarded a delivery order valued at $761,033.92 to KPMG LLP Federal Services for its Annual Financial Statements Audit. This firm-fixed-price contract, which commenced on February 21, 2023, with an ultimate completion date of February 20, 2028, will be performed in West McLean, Virginia. The engagement requires KPMG to conduct a comprehensive audit of CPSC's financial statements to ensure the agency's fiscal operations comply with applicable accounting standards and regulatory requirements. No set-aside designation was used in this award, reflecting KPMG's status as a large unrestricted contractor capable of delivering specialized professional services to federal agencies.

This delivery order is issued under KPMG's broader Multiple Award Schedule contract vehicle with the General Services Administration, which enables rapid procurement of professional services across the federal government. KPMG LLP, one of the "Big Four" accounting and professional services firms, maintains an extensive federal contracting portfolio exceeding $13 billion in aggregate ceiling values across numerous agencies and indefinite delivery vehicles. The firm has substantial experience delivering financial statement audits, financial improvement and audit remediation support, and compliance assessments to civilian and defense sector agencies, positioning it as a strategic partner for government financial management and compliance initiatives.

Quick answers

Who was awarded contract 61320623F0019?

61320623F0019 was awarded to Kpmg LLP by Consumer Product Safety Commission on February 21, 2023.

How much is contract 61320623F0019 worth?

The government has obligated $614,119 on 61320623F0019. Its potential value, with all options, is $761,034.

Is contract 61320623F0019 an order under another contract?

Yes. 61320623F0019 is a delivery order under GS00F275CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 61320623F0019 competed?

The extent of competition for 61320623F0019 was full and open competition. The government received 11 offers.

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