The key products and services being delivered under this federal contract IDV award are FIAR (Financial Improvement and Audit Readiness) support services for the U.S. Department of the Navy and U.S. Marine Corps. The prime contractor, KPMG LLP, through its Federal Services division, has been awarded multiple delivery orders under the FIAR master IDIQ contract to provide a range of financial management, audit remediation, and advisory services.
The awarded task orders total over $579 million and include firm fixed price and time and materials pricing. The services encompass audit response coordination, internal control assessments, remediation planning, and subject matter expertise to assist the Navy and Marine Corps in achieving audit readiness and improved financial management. KPMG has engaged several subcontractors, including small businesses, to deliver specialized expertise in areas such as data analytics, cybersecurity, and business process reengineering. The work is primarily performed in the Washington, D.C. and McLean, Virginia areas with a period of performance generally through 2023 or 2024. This contract supports the Department of Defense's broader FIAR initiative to enhance financial accountability and audit readiness across its components.
Generated 7/16/24, 12:22 PM