Financial Improvement & Audit Readiness (FIAR) Follow-on Support

Added: Sep 28, 2017 12:02 pm The following amendment is to change the following due dates:

OCI Plans Due: 13 Oct 2017 @ 2:00 PM EST
Past Performance Due: 16 Oct 2017 @ 2:00PM EST

All other required documents/volumes due: 13 Nov 2017 @ 2:00PM EST

Added: Dec 22, 2016 2:49 pm Modified: Sep 11, 2017 4:02 pmTrack Changes  THIS IS THE FINAL RFP FOR FINANCIAL IMPROVEMENT & AUDIT READINESS FOLLOW-ON SUPPORT 

The Air Force District of Washington Contracting Directorate, Secretary of the Air Force Enterprise Support Division is requesting information to support the Air Force's Financial Improvement and Audit Readiness (FIAR) Requirement.  This requirement is anticipated to be solicited under NAICS Code 541211 - Offices of Certified Public Accountants, with an $8.5M small business threshold.   This effort has an estimated period of performance of five (5) years (Base plus four (4) option years). 

Background:  The FIAR requirement is owned by the Assistant Secretary of the Air Force (Financial Management and Comptroller) (SAF/FM), and the contract will be managed by Air Force District of Washington (AFDW).  SAF/FM has the responsibility for providing the financial management and analytical services necessary for the effective and efficient use of Air Force (AF) resources, to include more than 650,000 military and civilian personnel and a budget of more than $160 billion.  SAF/FM serves as the Secretary of the AF's trusted advisor by providing high-quality support to decision makers on budgetary, financial, cost and economic issues while continuously improving the quality, efficiency and customer-focus of AF financial services and operations.  The Deputy Assistant Secretary for Financial Operations (SAF/FMF) is responsible at the executive level for ensuring the AF complies with legislative and executive financial management mandates leading to the effective and efficient use of AF resources.

The FIAR Support Follow-on Contract is for Advisory & Assistance Service (A&AS) support for the Air Force auditable financial statements requirement.  The FIAR contractor is required to provide audit readiness support to include consulting, audit advisory/coaching, annual assessment of financial internal controls, assist managing the financial statement audit, and providing recommended corrective action plans addressing findings, assistance in Acquisition Program Office Valuation Sustainment.

The Air Force requires the expertise of an Independent Public Accounting (IPA) firm in the follow-on support contract to ensure consistent development, application, and implementation of audit readiness/sustainment strategies and corrective actions consistent with all applicable accounting standards.  While the application of strategies and corrective actions plans may involve some process improvement activity, auditability is paramount and the ultimate objective of the contract.

Offerors must be an Independent Public Accounting (IPA) firm.

Added: Dec 22, 2016 2:49 pm  The Air Force District of Washington Contracting Directorate, Secretary of the Air Force Enterprise Support Division is requesting information to support the Air Force's Financial Improvement and Audit Readiness (FIAR) Requirement.  This requirement is anticipated to be solicited under NAICS Code 541211 - Offices of Certified Public Accountants, with an $8.5M small business threshold.   This effort has an estimated period of performance of five (5) years (Base plus four (4) option years). 

Background:  The Financial Improvement and Audit Readiness (FIAR) requirement is owned by the Assistant Secretary of the Air Force (Financial Management and Comptroller) (SAF/FM), and the contract will be managed by Air Force District of Washington (AFDW).  SAF/FM has the responsibility for providing the financial management and analytical services necessary for the effective and efficient use of Air Force (AF) resources, to include more than 650,000 military and civilian personnel and a budget of more than $160 billion.  SAF/FM serves as the Secretary of the AF's trusted advisor by providing high-quality support to decision makers on budgetary, financial, cost and economic issues while continuously improving the quality, efficiency and customer-focus of AF financial services and operations.  The Deputy Assistant Secretary for Financial Operations (SAF/FMF) is responsible at the executive level for ensuring the AF complies with legislative and executive financial management mandates leading to the effective and efficient use of AF resources.