The Department of the Navy has awarded a multiple-award Indefinite Delivery, Indefinite Quantity (IDIQ) contract called the Financial Improvement and Audit Remediation Support Services (FIAR FIP IV) to provide a range of financial management and audit support services. KPMG LLP Federal Services, a division of the global professional services firm KPMG, has been selected as a prime contractor under this IDIQ.
Task orders issued under the FIAR FIP IV IDIQ include firm fixed price and cost-plus-fixed-fee delivery orders for services such as financial data environment support, audit remediation, financial reporting, business process reengineering, and financial policy/budget reform. The total potential value of the IDIQ is $671,221,296.41, and the period of performance runs through April 2027. KPMG will likely partner with subcontractors like Guidehouse, SAIC, and Mitre Corporation to leverage specialized expertise across areas like systems integration and data analytics. The contract does not have a small business set-aside designation, and tasks will be performed primarily in the Washington, D.C. and Northern Virginia areas to support the Department of the Navy's efforts to achieve audit readiness by 2027.
Generated 6/2/24, 12:00 AM