Ernst & Young LLP

Ernst & Young LLP, a partnership-structured professional services firm headquartered in New York, competes as a prime contractor across 91 percent of its federal footprint, delivering financial management, auditing, internal controls implementation, and business consulting services to civilian and defense agencies without reliance on small business set-asides. The firm operates on the open market and has established itself as one of the largest federal contractors by potential value, with a combined $27.45 billion across 403 awards (365 prime, 38 sub) spanning 110 distinct customer agencies.

Ernst & Young's capability portfolio centers on federal financial stewardship work: financial statement audits, OMB Circular A-123 internal control implementation and assessment, Federal Managers' Financial Integrity Act compliance, budget and financial management consulting, and related attestation and audit services under professional accounting standards including SSAE 18 and SOC 1 Type 2 examinations. Recent representative work includes a $153.5 million Defense Logistics Agency audit delivery order (FY26–FY30) with named subcontractors Kearney & Company, McConnell & Jones, Watsonrice, RM Advisory Services, SPS Consulting, and Williams Adley; a $236.95 million U.S. Air Force five-year audit (FY22–FY26) with 8(a) and women-owned small business subs including RMA Associates, CohnReznick, TWM Associates, and Castro & Company; a $80.3 million Department of Health and Human Services Office of Inspector General financial statement audit (FY24–FY29); and a $62.8 million Government National Mortgage Association financial management internal controls recompete (FY23–FY28).

Customer concentration tilts toward federal financial and law enforcement organizations. The top customer by potential value is the Department of Justice Federal Bureau of Investigation, which holds an $8.6 billion administrative and professional support services BPA (ITSSS-2) awarded June 21, 2022, through June 20, 2032—the largest parent vehicle in EY's federal portfolio. The Department of Justice Civil Division accounts for $1.51 billion across six awards. The top five customers by potential value represent 61 percent of combined dollars. By award count, the Justice Management Division leads with 36 awards ($85 million), the Department of Commerce Office of the Secretary with 24 awards ($49 million), and the FBI Headquarters Division with 18 awards anchored by the ITSSS-2 BPA. The concentration reflects EY's deep entrenchment in federal financial compliance, audit, and transformation mandates across Justice, HUD, the Office of the Secretary of Defense, and the Air Force.

Ernst & Young holds a diverse indefinite delivery vehicle portfolio positioned to support broad federal procurements. Active parent vehicles include the GSA Multiple Award Schedule (309 task orders, $10.62 billion combined value), the Professional Services Schedule (83 task orders, $183 million), and named BPAs and IDIQs: an $8.6 billion FBI ITSSS-2 BPA (June 2022–June 2032); a $999.999 billion OASIS+ Unrestricted IDIQ (December 2024–December 2029); a $240 million Office of the Under Secretary of Defense (Comptroller) Mission Support BPA (March 2025–March 2030); a $220 million Department of State Evolve IT Management IDIQ (May 2025–May 2026); a $100 million Consumer Financial Protection Bureau Management and Strategy Consulting BPA (January 2022–January 2026); a $99.98 million Department of Homeland Security Financial Management and Operations BPA (November 2024–November 2029); a $99.98 million Department of Housing and Urban Development Financial, Program and Project Management BPA (August 2024–July 2029); a $92.5 million Defense Logistics Agency Strategic Transformation and Enterprise Project Support BPA (April 2024–March 2029); a $75 million U.S. Navy risk assessment definitive contract (July 2022–July 2027); a $60 million Federal Railroad Administration A-123 Support BPA (December 2024–December 2029); a $60 million Department of Energy Financial Management BPA (September 2023–September 2030); a $55 million HUD Green Resilient and Retrofit Program IDIQ (October 2023–October 2028); and a $20 million HUD Forward Transformation BPA (September 2024–September 2028). These vehicles demonstrate EY's positioning across both civilian civilian agencies and defense comptroller/financial management organizations, with the FBI ITSSS-2 and OASIS+ Unrestricted representing the largest multi-billion-dollar ordering authorities.

Activity has remained stable to slightly declining year-over-year: 47 awards in FY2022, 52 in FY2023, 57 in FY2024, declining to 28 in FY2025 and 15 through mid-July 2026. Forty-nine awards (combined potential value $1.09 billion) face ultimate completion within the next twenty-four months and are therefore subject to recompete. SCI-reported invoicing on federal service contracts above the $150,000 threshold totaled $328.7 million in FY2022, $439.9 million in FY2023, and $382.3 million in FY2024, representing roughly 2,000–2,800 FTEs per year across 226 prime SCI-reportable contracts. Government-paid hourly rates on SCI-reportable prime contracts span a median of $121.23 per hour, with the 10th percentile at $48.81/hr and the 90th percentile at $248.12/hr, reflecting EY's layering of entry-level and senior leadership labor across audit, financial management, and consulting engagements. Across SCI-reportable prime contracts, an average of 6 percent of contractor hours were performed by subcontractors, with 233 named subs identified. EY operates primarily as a self-performing contractor on audit and financial management work, with subcontracting typically routed through named audit firms (Kearney & Company, RM Advisory Services, SPS Consulting, Williams Adley, McConnell & Jones) and specialized service providers (Niti Systems Consultants for customer experience modernization, Govstrive on HUD payroll modernization, and various technology firms on IT transformation work). The 91 percent prime split indicates EY rarely serves as a subcontractor to other primes; the 9 percent sub portfolio reflects advisory and technical delivery to prime contractors including General Dynamics Information Technology, Deloitte Consulting, ECS Federal, CGI Federal, Accenture Federal Services, Intrepid LLC, KBR Services, American Systems, Peraton, Easy Dynamics, Cydecor, DAI Global, Tetra Tech ES, and Serco on defense IT, logistics transformation, enterprise resource planning, and international development initiatives.

GSA Schedule labor rates span 33 categories from $133.39/hr (entry-level staff) to $406.04/hr (health IT executive director), with mid-market positions such as Cyber Security Manager ($173.08/hr) and FM QSMO Senior Manager ($249.22/hr) anchoring the service delivery posture. All posted categories require bachelor's degrees at minimum; no security-cleared labor is offered through the published rates. The labor portfolio supports EY's positioning as a compliance and financial transformation firm, with roles aligned to auditing, financial management, IT governance, and organizational change rather than specialized defense or cleared technical work.