Enterprise risk management (ERM) support services
Ended Awarded Last action
- Contract number
- DOC50PAPT1600015
- Awardee
-
Ernst & Young LLP UEI ECMMFNMSLXM7
- Awarding agency
-
US Patent and Trademark Office
Department of Commerce
- Obligated
- $664,676
Award facts
- Opportunity
-
- Professional Service Schedule Solicitation · Posted Jun 10, 2019
- Contract value 15% obligated
-
- $664,676.32 Current, with exercised options
- $4,479,109.12 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 541211 Offices of Certified Public Accountants
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 5 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Alexandria, VA 22313, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $111,259 | |
| Exercise an Option | $111,259 | |
| Exercise an Option | $219,230 | |
| Supplemental Agreement for work within scope | $26,500 | |
| Original award | $196,427 |
About this award
This is a federal contract award to Ernst & Young LLP, a global professional services firm, for Enterprise Risk Management (ERM) support services. The contract was awarded by the U.S. Patent and Trademark Office (USPTO), a civilian agency, under the General Services Administration's (GSA) Professional Services Schedule (PSS). The contract has a ceiling value of $4,479,109.12 and is a firm fixed-price delivery order. It does not have a set-aside designation. As one of the "Big Four" accounting firms, Ernst & Young has a significant presence in the federal contracting space, providing a range of services to government agencies including financial management, auditing, business consulting, and IT services. This contract will leverage Ernst & Young's expertise in ERM to support the USPTO's risk management initiatives.
Quick answers
Who was awarded contract DOC50PAPT1600015?
DOC50PAPT1600015 was awarded to Ernst & Young LLP by US Patent and Trademark Office (Department of Commerce) on August 22, 2016.
How much is contract DOC50PAPT1600015 worth?
The government has obligated $664,676 on DOC50PAPT1600015. Its potential value, with all options, is $4,479,109.
Is contract DOC50PAPT1600015 an order under another contract?
Yes. DOC50PAPT1600015 is a delivery order under GS00F290CA, a federal supply schedule, on The Professional Services Schedule (PSS).
Was contract DOC50PAPT1600015 competed?
The extent of competition for DOC50PAPT1600015 was full and open competition. The government received 5 offers.
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