United states air force audit fiscal years 2022-2026
Active Awarded Last action
- Contract number
- HQ042321F0087
- Awardee
-
Ernst & Young LLP UEI ECMMFNMSLXM7
- Awarding agency
-
Defense Finance and Accounting Service
Department of Defense
- Obligated
- $230,818,143
Award facts
- Opportunity
-
- HQ042321Q0014 Solicitation number
- Contract value 94% obligated
-
- $230,818,142.60 Current, with exercised options
- $245,359,248.18 Potential, with all options
- Completion date 80% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Secretary of the Air Force Headquarters Air Force, Department of Defense
- NAICS code
- 541211 Offices of Certified Public Accountants
- PSC
- R704 Support- Management: Auditing
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- West McLean, VA 22102, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $9,869,230 | |
| Supplemental Agreement for work within scope | -$658,535 | |
| Supplemental Agreement for work within scope | $28,980,853 | |
| Supplemental Agreement for work within scope | $39,948,362 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$803,297 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $42,506,320 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$1,291,547 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $280,097 | |
| Exercise an Option | $40,135,743 | |
| Supplemental Agreement for work within scope | $577,929 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$1,116,136 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $36,610,515 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $35,778,609 |
Show all 32
About this award
The Department of the Air Force issued a delivery order to Ernst & Young LLP on January 1, 2022, with a ceiling value of $245.4 million for audit services covering fiscal years 2022 through 2026, under the GSA Multiple Award Schedule (MAS).
Place of performance is West McLean, VA. The order calls for financial statement audits, internal controls assessments, and related audit and attestation services under professional accounting standards including SSAE 18 and SOC 1 Type 2 examinations. Ernst & Young is not subject to a small business set-aside.
In FY2025, Ernst & Young invoiced $51.7 million under this order across 175 FTEs and 363,157 contractor hours, reflecting a government-paid blended hourly rate of $142.46/hr. The derived hourly rate has risen year-over-year: $129.85/hr in FY2023, $134.31/hr in FY2024, and $142.46/hr in FY2025. Subcontractors performed 19 percent of contractor hours in FY2025, with five subcontractors named: RMA Associates LLC (8(a)-certified), TWM Associates, Inc. (8(a)-certified and women-owned small business), CohnReznick LLP, and Castro & Company, LLC (minority-owned small business).
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| TWM Associates, Inc. | $262,502 | |
| RMA Associates LLC | $1,342,308 | |
| Cohnreznick LLP | $3,012,723 | |
| Castro & Company, LLC | $697,104 | |
| Watsonrice LLP | $1,388,402 |
Quick answers
Who was awarded contract HQ042321F0087?
HQ042321F0087 was awarded to Ernst & Young LLP by Defense Finance and Accounting Service (Department of Defense) on January 1, 2022.
How much is contract HQ042321F0087 worth?
The government has obligated $230,818,143 on HQ042321F0087. Its potential value, with all options, is $245,359,248.
Which agency awarded contract HQ042321F0087?
Defense Finance and Accounting Service (Department of Defense) awarded HQ042321F0087, with funding from Secretary of the Air Force (Headquarters Air Force).
Is contract HQ042321F0087 an order under another contract?
Yes. HQ042321F0087 is a delivery order under GS00F290CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract HQ042321F0087 competed?
The extent of competition for HQ042321F0087 was full and open competition. The government received 1 offer.
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