Financial consulting services in support of the HUD reform plan and strategic plan (2018-2022), its forward initiative, and the CFO mission for excellence.
Ended Awarded Last action
- Contract number
- 86615121F00003
- Awardee
-
Ernst & Young LLP UEI ECMMFNMSLXM7
- Awarding agency
-
Philadelphia Operations Branch
Department of Housing and Urban Development
- Obligated
- $70,286,956
Award facts
- Opportunity
-
- Professional Service Schedule Solicitation · 86615120Q00004 · Posted Jun 10, 2019
- Contract value 98% obligated
-
- $71,388,919.15 Current, with exercised options
- $71,555,801.71 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
- NAICS code
- 541211 Offices of Certified Public Accountants
- PSC
- R704 Support- Management: Auditing
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- New York, NY 10001, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$129,535 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $485,977 | |
| Supplemental Agreement for work within scope | -$502,910 | |
| Terminate for Convenience | $0 | |
| Exercise an Option | $1,832,276 | |
| Supplemental Agreement for work within scope | $2,075,461 | |
| Funding Only Action | $6,477,721 | |
| Funding Only Action | $4,000,000 | |
| Exercise an Option | $3,400,000 | |
| Supplemental Agreement for work within scope | $4,003,841 | |
| Funding Only Action | $7,672,572 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $5,579,317 | |
| Funding Only Action | $0 | |
| Funding Only Action | $4,180,000 | |
| Funding Only Action | $3,000,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $2,727,407 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $2,000,000 | |
| Supplemental Agreement for work within scope | $1,564,000 | |
| Exercise an Option | $5,929,495 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $5,145,517 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $3,039,426 | |
| Funding Only Action | $2,274,144 | |
| Funding Only Action | -$471,827 | |
| Other Administrative Action | $0 | |
| Original award | $6,004,075 |
Show all 32
About this award
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, with a ceiling value of $71.6 million for financial consulting services in support of the HUD Reform Plan and Strategic Plan (2018-2022), its Forward Initiative, and the CFO Mission for Excellence, with an ultimate completion date of February 15, 2026.
This is a labor-hour delivery order under the GSA Multiple Award Schedule (MAS). Place of performance is New York, NY 10001. Ernst & Young invoiced $8.6 million in FY2025 across 26.8 FTEs and 55,729 contractor hours, at a derived government-paid rate of $153.86 per hour. The firm engaged four subcontractors for approximately 8 percent of contractor hours in FY2025. SCI invoicing peaked at $21.4 million in FY2023 (518 FTEs, 1,077,522 hours) and has declined since, reflecting wind-down toward the February 2026 completion date. Major subcontractors include Elitebco LLC, a HUBZone-certified small business; Castro & Company LLC, a minority-owned small business; and Kearney & Company P.C., delivering audit and financial management services alongside Ernst & Young's prime delivery.
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| Elitebco LLC | $106,170 | |
| Castro & Company, LLC | $266,685 | |
| Elitebco LLC | $85,022 | |
| Sagittae Solutions LIMITED Liability Company | $128,717 | |
| Bnl, Inc. | $473,746 | |
| Kearney & Company, P.C. | $70,522 |
Quick answers
Who was awarded contract 86615121F00003?
86615121F00003 was awarded to Ernst & Young LLP by Philadelphia Operations Branch (Department of Housing and Urban Development) on December 16, 2020.
How much is contract 86615121F00003 worth?
The government has obligated $70,286,956 on 86615121F00003. Its current value, with exercised options, is $71,388,919. Its potential value, with all options, is $71,555,802.
Which agency awarded contract 86615121F00003?
Philadelphia Operations Branch (Department of Housing and Urban Development) awarded 86615121F00003, with funding from Office of the Chief Financial Officer (Department of Housing and Urban Development).
Is contract 86615121F00003 an order under another contract?
Yes. 86615121F00003 is a delivery order under GS00F290CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 86615121F00003 competed?
The extent of competition for 86615121F00003 was full and open competition. The government received 4 offers.
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