Financial statement audit(base+ 4 option periods)
Active Awarded Last action
- Contract number
- 28321323FDX030009
- Awardee
-
Ernst & Young LLP UEI ECMMFNMSLXM7
- Awarding agency
-
Social Security Administration
- Obligated
- $19,892,926
Award facts
- Contract value 58% obligated
-
- $23,937,392.85 Current, with exercised options
- $34,244,171.78 Potential, with all options
- Completion date 75% complete
- Current and potential, with all options
- Contracting staff
- 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
- Baltimore, MD 21235, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $696,881 | |
| Supplemental Agreement for work within scope | $381,068 | |
| Funding Only Action | $381,068 | |
| Exercise an Option | $967,018 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $3,303,422 | |
| Funding Only Action | $436,909 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $873,818 | |
| Funding Only Action | $436,909 | |
| Exercise an Option | $578,506 | |
| Funding Only Action | -$100,000 | |
| Exercise an Option | $5,287,658 | |
| Exercise an Option | $207,119 | |
| Supplemental Agreement for work within scope | $148,320 | |
| Supplemental Agreement for work within scope | $485,159 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $444,960 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $5,364,110 |
Show all 20
About this award
The Social Security Administration issued a delivery order to Ernst & Young LLP on October 11, 2022, for financial statement audits with a ceiling value of $34.2 million and an ultimate completion date of February 28, 2028.
The order is issued under the GSA Multiple Award Schedule. Place of performance is Baltimore, MD. The contract is priced on a firm fixed price basis and covers a base period plus four option periods.
Government-paid invoicing on this order totaled $3.4 million in FY2023 (14.4 FTEs, 29,891 contractor hours at $114.48/hr), $4.8 million in FY2024 (33.2 FTEs, 69,138 contractor hours at $69.33/hr), and $5.6 million in FY2025 (17.0 FTEs, 35,414 contractor hours at $158.40/hr). Blended hourly rates showed an upward trend from FY2023 to FY2025. Subcontracting remained minimal, with 1% of contractor hours subcontracted in FY2025.
Quick answers
Who was awarded contract 28321323FDX030009?
28321323FDX030009 was awarded to Ernst & Young LLP by Social Security Administration on October 11, 2022.
How much is contract 28321323FDX030009 worth?
The government has obligated $19,892,926 on 28321323FDX030009. Its current value, with exercised options, is $23,937,393. Its potential value, with all options, is $34,244,172.
Is contract 28321323FDX030009 an order under another contract?
Yes. 28321323FDX030009 is a delivery order under GS00F290CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 28321323FDX030009 competed?
The extent of competition for 28321323FDX030009 was full and open competition. The government received 2 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award