Financial statement audits and other professional accounting and auditing services for OIG

Active Awarded Last action

Contract number
91990023F0021
Awardee
Awarding agency
Obligated
$8,835,547

Award facts

Opportunity
  • 91990022Q0073 Solicitation number
Contract value 82% obligated
  • $8,835,547.28 Current, with exercised options
  • $10,810,477.76 Potential, with all options
Completion date 76% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Funding agency
Office of the Chief Financial Officer Department of Education
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

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00012 $0
Supplemental Agreement for work within scope P00011 $237,243
Exercise an Option P00010 $1,949,583
Other Administrative Action P00009 $0
Supplemental Agreement for work within scope P00008 $0
Supplemental Agreement for work within scope P00007 · 91990023F0021 - office of inspector general financial audit services $0
Exercise an Option P00006 · 91990023F0021 - office of inspector general financial audit services - exercise option year 2 $1,924,327
Supplemental Agreement for work within scope P00005 $309,744
Supplemental Agreement for work within scope P00004 · Financial statement auditing and other professional services for office of inspector general (OIG) - no cost scope modification $0
Exercise an Option P00003 $1,899,213
Supplemental Agreement for work within scope P00002 $110,123
Supplemental Agreement for work within scope P00001 · Financial statement audits and other professional accounting auditing services for OIG $367,000
Original award $2,038,315
Show all 13

About this award

Written by GovTribe AI ·

The Office of the Chief Financial Officer issued a delivery order to KPMG LLP on February 1, 2023, under the GSA Multiple Award Schedule for financial statement audits and other professional accounting and auditing services for the Office of Inspector General, with a ceiling value of $10.8 million and an ultimate completion date of December 14, 2027.

Place of performance is West McLean, VA. KPMG LLP Federal Services, the federal contracting division of KPMG LLP, delivers audit, financial management, risk management, and advisory services to federal agencies as a large unrestricted prime contractor.

Through FY2025, the order invoiced $5.9 million across 19.1 FTEs and 29,148 contractor hours. Government-paid hourly rates rose from $179.93 per hour in FY2023 to $218.97 per hour in FY2025. In FY2025, the most recent reported fiscal year, the order maintained 4.4 FTEs across 9,052 contractor hours, with 13 percent of hours subcontracted to one named vendor. 11Th Hour Service LLC, a Service-Disabled Veteran-Owned Small Business, performed audit readiness and financial management support as a named subcontractor on the order.

Subawards

Subcontractor Amount Awarded
11Th Hour Service LLC FINANCIAL STATEMENT AUDITS AND OTHER PROFESSIONAL ACCOUNTING AND AUDITING SERVICES FOR OFFICE OF INSPECTOR GENERAL (OPTION YEAR 1) Financial Statement Audits $500,000

Quick answers

Who was awarded contract 91990023F0021?

91990023F0021 was awarded to Kpmg LLP by Contracts and Acquisition Management (Department of Education) on February 1, 2023.

How much is contract 91990023F0021 worth?

The government has obligated $8,835,547 on 91990023F0021. Its potential value, with all options, is $10,810,478.

Which agency awarded contract 91990023F0021?

Contracts and Acquisition Management (Department of Education) awarded 91990023F0021, with funding from Office of the Chief Financial Officer (Department of Education).

Is contract 91990023F0021 an order under another contract?

Yes. 91990023F0021 is a delivery order under GS00F275CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 91990023F0021 competed?

The extent of competition for 91990023F0021 was full and open competition. The government received 2 offers.

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