The federal contract IDV awarded to Ernst & Young LLP (EY) is a Blanket Purchase Agreement (BPA) with a $60,000,000 ceiling value. The BPA was issued by the Federal Railroad Administration, a civilian agency within the U.S. Department of Transportation. The contract provides services to assist with executing the requirements of OMB Circular A-123 and managing the Federal Managers' Financial Integrity Act of 1982 for internal financial controls.
As a multiple award schedule (MAS) contract, this BPA allows the government to issue task orders against EY's pre-negotiated labor rates and terms. The contract has an ultimate completion date of December 23, 2029. Through this IDV, EY will leverage its expertise in areas such as financial management, auditing, and business consulting to support the Federal Railroad Administration's financial integrity and internal control requirements. The BPA represents a significant federal contracting vehicle for EY, which has a substantial presence providing professional services to civilian and defense agencies across the U.S. government.
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