Grant Thornton LLP

Grant Thornton LLP's Public Sector Division, a global professional services partnership headquartered in Chicago, Illinois, operates as a prime contractor to federal agencies delivering management consulting, financial advisory, program management, audit, risk assessment, and IT modernization services across full-and-open procurements, with no characteristic set-aside posture — the vendor does not compete as 8(a), HUBZone, SDVOSB, or other designated small business category.

The vendor's federal footprint is dominated by two service concentrations: administrative and general management consulting (859 awards across the portfolio) and other accounting services (335 awards). Concrete recent work spans a $13.7 million agile coaching and organizational coaching task order for the U.S. Patent and Trademark Office under the GSA Multiple Award Schedule (awarded June 2022); a $12.9 million time-and-materials plan asset evaluation and participant data review support task order with the Pension Benefit Guaranty Corporation (awarded September 2023); a $12.1 million executive-branch IT budget planning, formulation, and execution task order issued by the Chief Information Officer under the MAS vehicle (awarded October 2022); a $27.9 million five-year audit delivery order for United States Special Operations Command through the MAS (awarded January 2022); and a $7.8 million Department of State program management support task order for procurement line-of-business governance implementation (awarded September 2021). The vendor also holds a $224 million multiple-award Blanket Purchase Agreement with the Pension Benefit Guaranty Corporation for plan asset evaluation and participant data review services, established August 2022 and running through August 2026.

Customer concentration sits with five cabinet and major agencies accounting for 21 percent of awards by count: the Department of Commerce USPTO leads with 109 awards and $382.6 million in combined potential value; the Treasury Department's Bureau of the Fiscal Service holds 53 awards at $504.6 million; the Pension Benefit Guaranty Corporation carries 47 awards valued at $333.2 million; NASA Headquarters accounts for 45 awards at $116.9 million; and the Department of Veterans Affairs Technology Acquisition Center, Austin holds 58 awards at $256.6 million. When ranked by potential value, the GSA Federal Acquisition Service anchors the top position with 22 awards and $1.6 billion combined potential value—reflecting Grant Thornton's position as a GSA MAS holder and its role in supporting federal acquisition reform and shared services initiatives. The vendor's $76 billion combined potential value across 1,456 awards masks high concentration in vehicle ceilings; obligated dollars total $2.08 billion, or 3 percent of potential value, indicating a large population of multi-year ceilings with modest utilization to date.

Grant Thornton operates as a prime on 100 percent of its recent awards with minimal subcontractor reliance. Across SCI-reportable service contracts, the vendor reported average sub-hours share of 11 percent of total contractor hours, with 108 named subcontractors engaged across the prime portfolio. The vendor's SCI-reported invoiced revenue declined year over year—$92.9 million in FY2022, $80.2 million in FY2023, and $41.8 million in FY2024 — and FTE trajectory compressed from 281 FTEs in FY2022 to 86.9 FTEs in FY2024, reflecting either portfolio contraction, lower utilization of higher-ceiling vehicles, or both. Government-paid hourly rates on federal service contracts showed a wide spectrum: 10th percentile at $80.82/hr, median around $166.94/hr, and 90th percentile reaching $389.74/hr, consistent with a consulting-services profile spanning junior labor through senior partner-equivalent rates.

The vendor's vehicle position is concentrated on the GSA Multiple Award Schedule — Grant Thornton holds an MAS seat and placed 248 task orders under that vehicle for $2.04 billion in combined potential value. The vendor also leverages the Mission Oriented Business Integrated Services GWAC (534 task orders, $778.6 million) and the Financial and Business Solutions Legacy vehicle (352 task orders, $652.5 million), positioning it to compete across civilian agency modernization, financial management, and shared-services procurements. Activity has contracted significantly: from 38 awards in 2021 to 29 in 2022, then a steep drop to 6 in 2023, 5 in 2024, and 1 in 2026 year-to-date. This trajectory suggests either a shift in federal contracting patterns away from Grant Thornton's traditional consulting vehicles, portfolio concentration among larger ceiling-based awards receiving fewer task orders, or both. Recompete exposure in the next twenty-four months is limited: three awards with combined potential value of $40.1 million face ultimate completion and recompete within that window.