The Department of the Navy has awarded a multiple-award, indefinite-delivery, indefinite-quantity (IDIQ) contract to Sehlke Consulting LLC, a for-profit limited liability company, to provide Financial Improvement and Audit Remediation (FIAR) services. The contract, valued at up to $716,026,215.10, aims to assist the Navy in consolidating and modernizing financial systems, remediating audit findings, improving financial reporting, and reforming budgetary processes to achieve audit readiness by 2027. The contract has a period of performance through April 2027 and does not use any set-aside designations.
Task orders issued to date include firm-fixed-price delivery orders for labor support worth $1,610,095.41, $15,293,048.00, $15,785,292.40, and $12,195,534.96, to be performed in locations such as Vienna, VA, Washington, D.C., and Rosslyn, VA. The services sought under this contract cover a range of financial management and audit remediation activities, including systems integration, data analytics, policy development, and internal controls. This IDIQ contract was competitively awarded using best-value tradeoff procedures under FAR Part 15, with non-price factors considered significantly more important than price.
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