DOL Financial Services
Ended Master IDIQ Awarded
- Federal agency
-
Office of the Chief Financial Officer
- Awardees
- 8
- Task orders
- 28
- Obligated
- $23,610,070
Vehicle facts
- Opportunity
-
- DOL131RP21617 Solicitation number
- Agency
-
- Office of the Chief Financial Officer Department of Labor
- Combined task order value
-
- $24,850,119 Current, with exercised options
- $25,866,503 Potential, with all options
- Last date to order 100% complete
- Shared ceiling 24% used
- $100,000,000.00
IDV award and task order details come from SAM.gov/FPDS.
About this vehicle
The Department of Labor Office of the Chief Financial Officer established a Master IDIQ for Financial Services on November 19, 2013, with a shared ceiling of $100 million and a final ordering date of June 15, 2019. Ordering on this vehicle closed over seven years ago, making it inactive for new task orders.
The vehicle has generated 28 task orders totaling $25.9 million in combined potential value, with $23.6 million obligated (91% of potential). Activity peaked in 2015 with 14 orders, then declined sharply to 1 order in 2016 and 3 orders annually in 2017–2019. The most recent task order was awarded March 29, 2019.
All task orders were unrestricted (no set-aside). Work concentrated on accounting and financial systems support: general ledger integrity, financial statement compilation and preparation, systems strategy for the National Consolidated Financial Management System (NCFMS), CFO maturity model assessments, financial data validation and risk identification, and on-site financial analysis. Task orders ranged from $3,000 minimum guaranteed orders to $5.8 million ceiling values. Most were labor-hour or firm-fixed-price arrangements with durations between six months and three years.
Verdi Consulting Inc. dominated the vehicle, capturing 9 of 28 task orders with $16.8 million combined potential value—roughly 65% of the total. Kearney & Company, P.C. (4 orders, $6.7 million) and Grant Thornton LLP (5 orders, $1.7 million) were distant competitors. Five other firms shared the remainder, reflecting a concentrated competitive landscape with Verdi as clear lead.
Customer demand was concentrated within DOL. The Office of the Chief Financial Officer placed 14 orders worth $13.9 million (54% of potential value). The Office of the Assistant Secretary for Administration and Management issued 7 orders ($4.7 million), the Office of Job Corps 3 orders ($6.3 million), the Employment and Training Administration 3 orders ($610 thousand), and the Office of Workers Compensation Program 1 order ($363 thousand).
This vehicle is no longer open for new orders and should not be pursued.
Description
The Department of Labor has a requirement for Financial Services in support of various DOL agencies with oversight by DOL OCFO.
IDV awards
Latest task orders
Show 15 more
Latest 25 of 28 listed here. See the rest on GovTribe.
Top awardees by obligations
| Rank | Awardee | Obligated | Share |
|---|---|---|---|
| 1 | Verdi Consulting Inc. | $14,523,185 | 62% |
| 2 | Kearney & Company, P.C. | $6,736,686 | 29% |
| 3 | Grant Thornton LLP | $1,660,013 | 7% |
| 4 | Guidehouse LLP | $362,896 | 2% |
| 5 | Pricewaterhousecoopers LLP | $309,290 | 1% |
| 6 | Copeland LLC | $6,000 | <1% |
| 7 | Deloitte & Touche LLP | $6,000 | <1% |
| 8 | Savantage Financial Services, Inc. | $3,000 | <1% |
| 9 | Williams, Adley & Company DC LLP | $3,000 | <1% |
"Minimum guarantee only" marks awardees whose obligations here are just the minimum order their contract guarantees.
Top funding agencies by obligations
| Rank | Funding agency | Obligated | Share |
|---|---|---|---|
| 1 | Department of Labor | $23,610,070 | 100% |
Obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2025 | -$92,076 |
| FY2023 | -$629,336 |
| FY2022 | -$91,931 |
| FY2021 | -$157,629 |
| FY2020 | -$1,103,140 |
| FY2019 | $6,636,223 |
| FY2018 | $5,369,629 |
| FY2017 | $3,674,336 |
| FY2016 | $2,814,993 |
| FY2015 | $4,939,091 |
| FY2014 | $2,249,911 |
Show all 11
Quick answers
What is the DOL Financial Services contract vehicle?
DOL Financial Services is an indefinite delivery, indefinite quantity (IDIQ) contract vehicle run by Office of the Chief Financial Officer (Department of Labor), awarded on November 19, 2013.
Which companies hold DOL Financial Services?
8 companies hold DOL Financial Services's IDV awards, one each. The latest went to Savantage Financial Services, Inc. on December 20, 2013. The awardees whose task orders obligated the most are Verdi Consulting Inc., Kearney & Company, P.C. and Grant Thornton LLP.
How much has been spent through DOL Financial Services?
28 task orders have been placed under DOL Financial Services, obligating $23,610,070. Their combined current value, with exercised options, is $24,850,119.
What is the shared ceiling of DOL Financial Services?
DOL Financial Services's shared ceiling is $100,000,000; its task orders have used 24% of it.
Which agencies use DOL Financial Services the most?
The departments whose task orders under DOL Financial Services obligated the most are Department of Labor ($23,610,070).
How much was obligated through DOL Financial Services in fiscal year 2025?
Task orders under DOL Financial Services obligated -$92,076 in fiscal year 2025.
On GovTribe
See this vehicle's full record
- Every IDV award and task order
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