HHS OIG financial statement audit support services

Active Awarded Last action

Contract number
47QFDA24F0002
Awardee
Awarding agency
Obligated
$43,761,198

Award facts

Opportunity
  • 47QFDA23Q0043 Solicitation number
Contract value 54% obligated
  • $44,292,407.16 Current, with exercised options
  • $80,314,318.14 Potential, with all options
Completion date 56% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Funding agency
Office of the Inspector General Department of Health and Human Services
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20407, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00010 -$258,451
Exercise an Option P00009 · Health and human services (HHS) office of the inspector general (OIG) financial statement audit support services exercise of firm fixed priced (FFP) clins… $13,691,059
Exercise an Option P00008 · HHS OIG financial statement audit support services option year 2 exercise of FFP clins 2003 and 2004 $1,671,416
Supplemental Agreement for work within scope P00007 -$0
Funding Only Action P00006 -$272,758
Exercise an Option P00005 $13,377,479
Other Administrative Action P00004 $0
Other Administrative Action P00003 $887,108
Other Administrative Action P00002 $727,694
Other Administrative Action P00001 $13,071,325
Original award $866,326
Show all 11

About this award

The Department of Health and Human Services Office of the Inspector General issued a delivery order to Ernst & Young LLP on January 8, 2024, for financial statement audit support services, with a ceiling value of $80.3 million and an ultimate completion date of January 7, 2029.

The order is issued under the GSA Multiple Award Schedule (MAS). Place of performance is Washington, DC 20407.

The work encompasses HHS OIG financial statement audit support services. Ernst & Young is self-performing the audit engagement with RM Advisory Services, LLC named as a subcontractor providing audit and advisory support.

In FY2025, the order invoiced $14.6 million across 33.3 FTEs and 69,279 contractor hours, representing a derived government-paid hourly rate of $210.87 per hour. FY2024 invoicing was $4.9 million across 18.6 FTEs and 38,714 contractor hours at $126.99 per hour. The hourly rate rose year-over-year. In FY2025, 7 percent of contractor hours were subcontracted.

Subawards

Subcontractor Amount Awarded
RM Advisory Services, LLC HHS OIG FINANCIAL STATEMENT AUDIT SUPPORT SERVICES Services in support of US Government contract $159,614

Quick answers

Who was awarded contract 47QFDA24F0002?

47QFDA24F0002 was awarded to Ernst & Young LLP by Assisted Acquisition Services Region 11 (Assisted Acquisition Services) on January 8, 2024.

How much is contract 47QFDA24F0002 worth?

The government has obligated $43,761,198 on 47QFDA24F0002. Its current value, with exercised options, is $44,292,407. Its potential value, with all options, is $80,314,318.

Which agency awarded contract 47QFDA24F0002?

Assisted Acquisition Services Region 11 (Assisted Acquisition Services) awarded 47QFDA24F0002, with funding from Office of the Inspector General (Department of Health and Human Services).

Is contract 47QFDA24F0002 an order under another contract?

Yes. 47QFDA24F0002 is a delivery order under GS00F290CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 47QFDA24F0002 competed?

The extent of competition for 47QFDA24F0002 was full and open competition. The government received 1 offer.

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