Financial statement auditing support

Ended Awarded Last action

Contract number
91990018F0004
Awardee
Awarding agency
Obligated
$10,042,383

Award facts

Contract value 91% obligated
  • $10,042,383.43 Current, with exercised options
  • $11,090,383.43 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Funding agency
Office of the Inspector General Department of Education
Set-aside
No set-aside
Competition
Full and Open Competition · 4 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20202, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00020 $0
Supplemental Agreement for work within scope P00019 · Auditing services $1,367,095
Exercise an Option P00018 · The purpose of this modification is to exercise option period IV and incrementally fund the option period. $725,000
Other Administrative Action P00017 · The purpose of this modification is to add clauses in accordance with federal and doed requirements. $0
Other Administrative Action P00016 · The purpose of this modification is to completely fund clin 3000. $1,225,000
Other Administrative Action P00015 · This requirement is for support for U.S. Department of education financial statement audits. $0
Exercise an Option P00013 · The purpose is to obtain professional auditing services from an independent public accounting firm to serve as the principal auditor of the ED, FSA, and closing… $725,000
Additional Work (new agreement, FAR part 6 applies) P00011 · Financial statement auditing report $227,000
Funding Only Action P00010 · This action adds additional funding to the contract. $1,175,000
Exercise an Option P00009 · Purpose of this modification is to exercise the option under the contract adding an additional 12 months plus funding $725,000
Supplemental Agreement for work within scope P00008 · Financial statement audits $16,508
Supplemental Agreement for work within scope P00007 · Change order under the contract $25,280
Funding Only Action P00005 · Financial statements audit services $1,150,000
Exercise an Option P00003 · Option to exercise option year i $725,000
Supplemental Agreement for work within scope P00001 · Modification to add funding for reimbursement of travel costs associated with financial statements audit services for the base period. $6,500
Original award $1,950,000
Show all 16

About this award

This is a firm fixed-price delivery order contract awarded by the U.S. Department of Education's Office of the Inspector General (OIG) to KPMG LLP, doing business as KPMG LLP Federal Services. The contract, valued at $11,090,383.43, is for financial statement auditing support services, including audit, tax, and advisory services. The contract is under the General Services Administration (GSA) Professional Services Schedule (PSS) and does not have a set-aside designation.

KPMG LLP Federal Services, a subsidiary of global professional services firm KPMG L.L.P., has been awarded this contract to provide specialized expertise in areas such as financial management, operational efficiency, and regulatory compliance to the OIG. The contract has a period of performance through January 31, 2023. KPMG has partnered with subcontractor PR4 Consulting LLC, a minority-owned small disadvantaged business, to assist with certain IT control and application testing tasks.

Quick answers

Who was awarded contract 91990018F0004?

91990018F0004 was awarded to Kpmg LLP by Contracts and Acquisition Management (Department of Education) on November 28, 2017.

How much is contract 91990018F0004 worth?

The government has obligated $10,042,383 on 91990018F0004. Its potential value, with all options, is $11,090,383.

Which agency awarded contract 91990018F0004?

Contracts and Acquisition Management (Department of Education) awarded 91990018F0004, with funding from Office of the Inspector General (Department of Education).

Is contract 91990018F0004 an order under another contract?

Yes. 91990018F0004 is a delivery order under GS00F275CA, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract 91990018F0004 competed?

The extent of competition for 91990018F0004 was full and open competition. The government received 4 offers.

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