The office of chief financial officer has a requirement to establish a performance-based task order consisting of firm fixed-price financial auditing services for the imls annual audit of financial…

Active Awarded Last action

Contract number
53987125F0001
Awardee
Awarding agency
Obligated
$220,448

Award facts

Opportunity
  • 53987125Q0001 Solicitation number
Contract value 38% obligated
  • $220,447.54 Current, with exercised options
  • $573,539.90 Potential, with all options
Completion date 32% complete
  • Current, with exercised options
  • Potential, with all options
NAICS code
541219 Other Accounting Services
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 20210, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00001 · Exercise option to extend term of the contract for an additional year. Fiscal year 2026 financial auditing cycle to comply with statutory requirements within… $111,719
Original award $108,729

About this award

The Institute of Museum and Library Services (IMLS) awarded a performance-based delivery order to Castro & Company, LLC for financial auditing services with a ceiling value of $573,539.90. This firm fixed-price task order requires Castro & Company to conduct the IMLS annual audit of financial statements in compliance with statutory requirements, Generally Accepted Government Auditing Standards, and OMB Bulletin 24-01. The award, issued on March 10, 2025, includes an option to extend the contract for an additional year to cover the Fiscal Year 2026 financial auditing cycle, with an ultimate completion date of March 9, 2030. Work will be performed in Washington, DC.

This delivery order is issued under Castro & Company's Multiple Award Schedule (MAS) contract with the General Services Administration. Castro & Company is a minority-owned, Hispanic American-owned small business headquartered in Alexandria, Virginia, with extensive experience providing financial statement audits, internal control assessments, and compliance reviews to federal agencies. The contractor holds multiple significant indefinite delivery vehicles, including a $55 million NASA Contract Audit Support Services IDIQ and an OASIS+ Small Business contract with nearly $1 trillion potential value. This award does not utilize a small business set-aside designation.

Description

The office of chief financial officer has a requirement to establish a performance-based task order consisting of firm fixed-price financial auditing services for the imls annual audit of financial statements to comply with statutory requirements.

Quick answers

Who was awarded contract 53987125F0001?

53987125F0001 was awarded to Castro & Company, LLC by The Institute of Museum and Library Services on March 10, 2025.

How much is contract 53987125F0001 worth?

The government has obligated $220,448 on 53987125F0001. Its potential value, with all options, is $573,540.

Is contract 53987125F0001 an order under another contract?

Yes. 53987125F0001 is a delivery order under GS23F0038U, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 53987125F0001 competed?

The extent of competition for 53987125F0001 was full and open competition. The government received 4 offers.

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