Crowe-JPMC GAAP Reporting Services

Active Release Competitive Sealed Bidding Illinois Awarded

Contract number
24-416CMS-BOSS4-P-67509 Release 112
Awardee
Crowe LLP
Contracting organization
BHE601 - Board of Higher Education
Contract amount
$85,926

Award facts

Completion date

Award details come from bidbuy.illinois.gov. Updated .

About this award

Crowe LLP (Vendor ID V00003849) has been awarded a competitive sealed bidding contract by the Illinois Board of Higher Education for financial accounting and auditing support services. The contract, effective July 1, 2026, through June 30, 2027, carries a total contract value of $85,926.00. The engagement encompasses Generally Accepted Accounting Principles (GAAP) compliance services, including the preparation and review of year-end financial statements, footnotes, schedules, and related documentation required for submission to the Illinois Comptroller and Auditor General.

The service delivery structure consists of three staffing categories with specified hourly rates for years three and four of the engagement: 124 hours of Staff Accountant services at $144 per hour, 15 hours of Senior Staff Accountant services at $178 per hour, and 300 hours of Project Manager services at $218 per hour. These resources will be allocated to assist in financial reporting requirements and provide GAAP-related training as requested by the Board of Higher Education throughout the contract period.

Line items

Item Total
Staff Accountant -Hourly Rate: Years 3 and 4 Assist in preparing and/or reviewing year-end GAAP packages, financial statements, footnotes and schedules required by the Comptroller and/or Auditor General for financial reporting, and other GAAP assistance/training as requested. Staff Accountant… 124 × $144.00 $17,856.00
Senior Staff Accountant -Hourly Rate: Years 3 and 4 Assist in preparing and/or reviewing year-end GAAP packages, financial statements, footnotes and schedules required by the Comptroller and/or Auditor General for financial reporting, and other GAAP assistance/training as requested. Senior Staff… 15 × $178.00 $2,670.00
Project Manager -Hourly Rate: Years 3 and 4 Assist in preparing and/or reviewing year-end GAAP packages, financial statements, footnotes and schedules required by the Comptroller and/or Auditor General for financial reporting, and other GAAP assistance/training as requested. Project Manager… 300 × $218.00 $65,400.00

Quick answers

Who was awarded contract 24-416CMS-BOSS4-P-67509?

Contract 24-416CMS-BOSS4-P-67509 was awarded to Crowe LLP by BHE601 - Board of Higher Education in Illinois on July 1, 2026.

How much is contract 24-416CMS-BOSS4-P-67509 worth?

Its contract amount is $85,926.

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