Holmes & Company, L.L.C.

Holmes & Company, L.L.C., doing business as Holmes CPAs, is a minority-owned 8(a) certified small disadvantaged business providing financial management oversight, compliance monitoring, and technical assistance services to federal agencies as a prime contractor. Based in Cherry Hill, New Jersey, the firm is structured as a limited liability partnership with Black American ownership and Department of Transportation Disadvantaged Business Enterprise certification. Holmes & Company competes predominantly on full-and-open task orders rather than set-aside vehicles, though its 8(a) status appears on several awards; most recent work carries no set-aside designation despite the vendor's eligibility.

Holmes & Company's federal footprint concentrates almost entirely with the Federal Transit Administration, which accounts for 31 of 36 awards (86% of activity) and $40 million of the $41.8 million combined potential value. The vendor holds two primary FTA vehicles: a $9.64 million single-award Indefinite Delivery Contract (May 2022 through May 2027) under which 25 task orders totaling $5.7 million have been issued for Financial Management Oversight (FMO) program services, and a $20.67 million Comprehensive Oversight Review and Technical Assistance Program (CORTAP) multiple-award Blanket Purchase Agreement (January 2025 through January 2030) issued under the GSA Multiple Award Schedule. Work performed under these vehicles includes financial oversight reviews, indirect cost rate proposal examinations, compliance monitoring, and technical assistance to transit agencies and departments of transportation nationwide. Representative awards include a $1.5 million Competitive Total Small Business BPA call for FY2026 oversight reviews (September 2025), a $625 thousand delivery order for FMO support to Regions 4, 6, and 8 (September 2024), a $498 thousand task order for FY23 oversight reviews (May 2023), and a $218 thousand delivery order for FMO workshops across Boston, Philadelphia, Atlanta, Baton Rouge, and Puerto Rico (September 2024). Beyond the FTA, Holmes & Company has executed two Department of Agriculture Office of the Chief Financial Officer delivery orders totaling $659 thousand for System and Organization Controls 1 Type 2 examinations of USDA/OCFO financial systems through February 2029, leveraging its GSA Multiple Award Schedule seat. Secondary customer agencies (GSA Federal Acquisition Service, GSA Office of the Chief Information Officer, Department of Housing and Urban Development) collectively represent less than 2% of potential value.

The vendor's primary exposure comes from the FTA's two parent vehicles, which enable task-order deployment across multiple transit authorities including the New York City Transit Authority, Metropolitan Atlanta Rapid Transit Authority, San Mateo County Transit District, Marin County Transit District, Metropolitan Transportation Commission (Region 9), State of Florida Department of Transportation, and South Carolina Department of Transportation. Twelve awards with ultimate completion dates in the next twenty-four months carry combined potential value of $6 million, representing recompete exposure across both the single-award IDV (expiring May 2027) and the CORTAP BPA (expiring January 2030).

Activity has grown unevenly over the past five years (four awards in 2022, nine in 2023, eight in 2024, ten in 2025) with three awards issued year-to-date in 2026. Service Contract Inventory data covering FY2022–FY2024 captures SCI-reportable prime invoicing of $497 thousand across 14 records ($68 thousand in FY2022, $0 in FY2023, $430 thousand in FY2024), with roughly 1.2 FTEs deployed across captured prime work. On federal services contracts within SCI, government-paid rates ran median $147 per hour (10th percentile $114/hr, 90th percentile $163/hr). Holmes & Company operates as a 100% prime contractor footprint with no subcontract relationships captured in the award portfolio or sub-engagement across SCI-reportable work—the vendor builds and deploys its own delivery teams rather than operating as a feeder or heavy sub.

The vendor holds no participation in government-wide IDIQs, GWACs, or BPAs beyond its two FTA vehicles and the GSA Multiple Award Schedule. Category concentration centers on Administrative Management and General Management Consulting Services (27 awards) and Offices of Certified Public Accountants (9 awards), with primary PSC coding for Support–Professional: Program Management/Support (31 awards).

Our services are provided to Federal, State Authorities, Housing Authorities, Transit Agencies and Utility companies. We perform audits, oversight and consulting engagements for federal, state, and local government agencies. Some of the agencies are as follows: Federal Transit Administration; Philadelphia Controller's Office; Delaware River Port Authority; Port Authority of NY/NJ, RTA of New Orleans and the Philadelphia Water Department.

OUR SERVICES INCLUDE

Audits of Financial Statements

Forensic and Investigative audits

SSAE No. 16/SOC 1 Audits

Financial, Performance and Compliance Audits

Program Specific and Grant Close-out Audits

Agreed Upon Procedure Engagements

Financial Projections and Forecasts

Low Income Housing Cost Certification Audits

Preparation and Review of Indirect Cost Allocation Plans

Indirect Cost Rate audits in accordance with the Uniform Guidance and Part 31 of the FARs.