Pbgc OIG IPA audit services

Ended Awarded Last action

Contract number
47QFRA20F0007
Awardee
Awarding agency
Obligated
$11,812,099

Award facts

Opportunity
Contract value 83% obligated
  • $12,698,919.43 Current, with exercised options
  • $14,283,268.33 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20005, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00019 · Migrated ID08190016 pbgc OIG IPA audit services. Contract closeout. $0
Funding Only Action P00018 · Migrated ID08190016 pbgc OIG IPA audit services. Option period 3 deobligation of excess funds. -$120,020
Supplemental Agreement for work within scope P00017 · Pbgc OIG IPA audit services ceiling correction, realignment of OY 3 & 4, and increase and obligation of funding within scope to support additional auditing… $695,403
Supplemental Agreement for work within scope P00016 $1,892,335
Supplemental Agreement for work within scope P00015 $530,505
Funding Only Action P00014 $1,967,988
Funding Only Action P00013 -$482,755
Exercise an Option P00012 $486,760
Exercise an Option P00011 $0
Exercise an Option P00010 $1,924,650
Supplemental Agreement for work within scope P00009 · Migrated ID08190016 pbgc OIG IPA audit services $137,554
Supplemental Agreement for work within scope P00008 $408,645
Supplemental Agreement for work within scope P00007 · Pgbc audit service support $0
Supplemental Agreement for work within scope P00006 · Pgbg audit service support $362,740
Exercise an Option P00005 $1,882,366
Other Administrative Action P00004 $0
Other Administrative Action P00003 $0
Supplemental Agreement for work within scope P00002 -$68,324
Supplemental Agreement for work within scope P00001 · Pbgc audit service support $353,194
Original award $1,841,056
Show all 20

About this award

This is a firm fixed-price delivery order contract awarded by the Pension Benefit Guaranty Corporation (PBGC) to Ernst & Young LLP (EY) for independent public accounting (IPA) audit services. The contract has a ceiling value of $14,283,268.33 and a period of performance ending on January 31, 2025. EY is providing these audit services through the General Services Administration's (GSA) Professional Services Schedule (PSS) contract vehicle. The contract does not have a set-aside designation, indicating EY competed for this award in the open market. As a global professional services firm, EY has significant experience providing financial management, accounting, auditing, and other advisory services to various federal agencies, including the Social Security Administration, NASA, and the Department of Health and Human Services.

Quick answers

Who was awarded contract 47QFRA20F0007?

47QFRA20F0007 was awarded to Ernst & Young LLP by Assisted Acquisition Services Region 8 (Assisted Acquisition Services) on February 1, 2020.

How much is contract 47QFRA20F0007 worth?

The government has obligated $11,812,099 on 47QFRA20F0007. Its current value, with exercised options, is $12,698,919. Its potential value, with all options, is $14,283,268.

Which agency awarded contract 47QFRA20F0007?

Assisted Acquisition Services Region 8 (Assisted Acquisition Services) awarded 47QFRA20F0007, with funding from Pension Benefit Guaranty Corporation.

Is contract 47QFRA20F0007 an order under another contract?

Yes. 47QFRA20F0007 is a delivery order under GS00F290CA, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract 47QFRA20F0007 competed?

The extent of competition for 47QFRA20F0007 was full and open competition. The government received 3 offers.

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