Financial consulting services in support of the HUD reform plan and strategic plan (2018-2022), its forward initiative, and the CFO mission for excellence for improper payment elimination and recovery…

Ended Awarded Last action

Contract number
86615121F00002
Awardee
Awarding agency
Obligated
$17,834,238

Award facts

Opportunity
Contract value 97% obligated
  • $18,252,844.42 Current, with exercised options
  • $18,419,726.98 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of the Chief Financial Officer Department of Housing and Urban Development
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 20410, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00007 -$273,634
Exercise an Option P00006 · Financial consulting services $0
Supplemental Agreement for work within scope P00005 $0
Exercise an Option P00004 $6,573,910
Other Administrative Action P00003 $0
Other Administrative Action P00002 $0
Other Administrative Action P00001 $0
Original award $11,533,962

About this award

Written by GovTribe AI ·

The Department of Housing and Urban Development's Office of the Chief Financial Officer issued a delivery order to Ernst & Young LLP on December 16, 2020, under the GSA Multiple Award Schedule for financial consulting services supporting the HUD Reform Plan, Strategic Plan, ITS Forward Initiative, and CFO Mission for Excellence, with a ceiling value of $18.42 million and ultimate completion date of February 15, 2026.

Place of performance is Washington, DC. The order is firm fixed price with no set-aside.

Service Contract Inventory data shows the order's actual government-invoiced labor: FY2021 invoiced $3 million across 6.7 FTEs and 13,859 contractor hours; FY2022 invoiced $3.4 million across 6.5 FTEs and 13,579 hours; FY2023 invoiced $4 million across 13.0 FTEs and 26,989 hours; FY2024 invoiced $3.5 million across 42.4 FTEs and 88,098 hours; FY2025 invoiced $3.3 million across 9.5 FTEs. Derived government-paid hourly rates declined across the period, from $215.76/hr in FY2021 to $39.53/hr in FY2024. FY2025 invoicing shows no reported subcontractor hours; Ernst & Young self-performed all work.

Description

As the agency reported it.

Financial consulting services in support of the HUD reform plan and strategic plan (2018-2022), its forward initiative, and the CFO mission for excellence for improper payment elimination and recovery improvement act (iperia) support.

Quick answers

Who was awarded contract 86615121F00002?

86615121F00002 was awarded to Ernst & Young LLP by Philadelphia Operations Branch (Department of Housing and Urban Development) on December 16, 2020.

How much is contract 86615121F00002 worth?

The government has obligated $17,834,238 on 86615121F00002. Its current value, with exercised options, is $18,252,844. Its potential value, with all options, is $18,419,727.

Which agency awarded contract 86615121F00002?

Philadelphia Operations Branch (Department of Housing and Urban Development) awarded 86615121F00002, with funding from Office of the Chief Financial Officer (Department of Housing and Urban Development).

Is contract 86615121F00002 an order under another contract?

Yes. 86615121F00002 is a delivery order under GS00F290CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 86615121F00002 competed?

The extent of competition for 86615121F00002 was full and open competition. The government received 4 offers.

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