The IRS requires financial and accounting support to assist in the development of its annual financial statements and in the resolution of reporting weaknesses and other issues identified in audits of…

Ended Awarded Last action

Contract number
2032H520F00848
Awardee
Awarding agency
Obligated
$4,040,718

Award facts

Opportunity
  • RFQ8111 Solicitation number
Contract value 99% obligated
$4,063,581.05 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
541330 Engineering Services
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Rockville, MD 20850, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00010 -$22,863
Other Administrative Action P00009 $0
Other Administrative Action P00008 $0
Exercise an Option P00007 $1,049,406
Other Administrative Action P00006 $0
Exercise an Option P00005 $1,024,595
Other Administrative Action P00004 $0
Other Administrative Action P00003 $0
Exercise an Option P00002 $1,004,564
Other Administrative Action P00001 $0
Original award $985,016
Show all 11

About this award

The Internal Revenue Service awarded a delivery order valued at approximately $4.1 million to Chevo LLC, a woman-owned small business headquartered in Rockville, Maryland, under the OASIS Small Business (OASIS SB) indefinite delivery vehicle. The contract, which commenced in September 2020 and concluded in September 2024, provided financial and accounting support services to assist the IRS in developing annual financial statements and addressing reporting weaknesses and audit findings. The work was performed at Chevo's Rockville, Maryland location.

As a certified Women-Owned Small Business, Chevo LLC was well-positioned to support the IRS's financial management objectives through its established expertise in financial services consulting and government contracting experience. The firm's selection through the OASIS SB vehicle—a General Services Administration acquisition solution for small businesses—reinforces the IRS's commitment to engaging qualified small business contractors for specialized support services. This engagement enabled the IRS to leverage external expertise in financial statement preparation and audit remediation, critical functions for maintaining the agency's financial reporting compliance and addressing any internal control deficiencies identified through independent audits.

Description

The IRS requires financial and accounting support to assist in the development of its annual financial statements and in the resolution of reporting weaknesses and other issues identified in audits of financial statements.

Subawards

Subcontractor Amount Awarded
Maximus Federal Services, Inc. THE IRS REQUIRES FINANCIAL AND ACCOUNTING SUPPORT TO ASSIST IN THE DEVELOPMENT OF ITS ANNUAL FINANCIAL STATEMENTS AND IN THE RESOLUTION OF REPORTING… $2,695,357

Quick answers

Who was awarded contract 2032H520F00848?

2032H520F00848 was awarded to Chevo LLC by Internal Revenue Service (Department of the Treasury) on September 28, 2020.

How much is contract 2032H520F00848 worth?

The government has obligated $4,040,718 on 2032H520F00848. Its current value, with exercised options, is $4,063,581.

Is contract 2032H520F00848 an order under another contract?

Yes. 2032H520F00848 is a delivery order under GS00Q14OADS111, an indefinite delivery contract, on One Acquisition Solution for Integrated Services - Small Business (OASIS SB).

Was contract 2032H520F00848 competed?

The extent of competition for 2032H520F00848 was full and open competition after exclusion of sources. The government received 1 offer. It was set aside: Total Small Business.

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