Support- Management: Accounting

Code R703
Child
Spend Category Level 1
Professional Services
Spend Category Level 2
Business Administration Services
Popular Federal Contract Opportunities
Not listed
Popular Federal Contract Awards
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Product Service Code (PSC) R703 encompasses accounting and financial management support services for federal government agencies. This category includes professional services related to financial reporting, cost accounting, auditing, budget analysis, and strategic financial consulting. Contractors in this category provide specialized expertise to help government entities maintain accurate financial records, improve fiscal management, and support organizational financial operations.

Federal contract awards under R703 demonstrate significant diversity in financial support services, with contract values ranging from approximately $10,000 to over $44 million. Frequently awarded entities include major professional services firms such as Deloitte Consulting LLP, Ernst & Young LLP, KPMG, and Kearney & Company. Funding agencies span civilian and defense sectors, including the Department of Housing and Urban Development, Department of the Interior, Pension Benefit Guaranty Corporation, and various defense agencies. Many awards utilize Multiple Award Schedule (MAS) and One Acquisition Solution for Integrated Services (OASIS) contract vehicles. Set-aside designations varied, with some awards reserved for small businesses, service-disabled veteran-owned businesses, and economically disadvantaged women-owned small businesses.

Recent federal contract opportunities in this PSC category primarily focus on specialized financial services such as Medicare cost reporting, custodian banking services, and historical trust accounting. The Department of Health and Human Services' Indian Health Service sought a contractor for Medicare cost reporting services, while the Pension Benefit Guaranty Corporation issued a solicitation for global master custody services managing approximately $68.1 billion in trust assets. The Department of the Interior's Interior Business Center requested proposals for historical accounting of Individual Indian Monies and Tribal trust accounts, involving approximately 55 million surface acres of land and $3.6 billion in trust assets. Performance locations typically include Washington, DC, and contractor facilities, with work often performed remotely.

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