TFC Consulting Inc.

TFC Consulting Inc., a minority-owned, Subchapter S corporation small business headquartered in Rockville, Maryland, delivers financial management, accounting, auditing, and compliance consulting services to civilian federal agencies as a prime contractor (99% of recent awards). The company is Subcontinent Asian American owned and competes across both set-aside (Total Small Business, 8(a) Sole Source) and full-and-open vehicles, with set-asides characterizing work on GSA schedules and smaller task orders while larger or multi-agency vehicles operate full-and-open.

TFC's customer footprint concentrates heavily with the Federal Transit Administration (FTA), which accounts for 56 awards and $127.2 million in combined potential value — roughly 33% of the vendor's identifiable federal customer base. The top five agencies by potential value are the FTA, the Department of Homeland Security Coast Guard ($118 million), the Department of Agriculture Agricultural Research Service ($77.5 million), the Department of Health and Human Services ($25.8 million), and the Department of Agriculture Farm Service Agency ($24.8 million). Across the top-customer-by-award-count ranking, the FTA again dominates, followed by the Department of Commerce, the Small Business Administration, and the Department of Health and Human Services. This concentration reflects TFC's specialization in financial oversight and compliance: 111 awards fall under NAICS 541611 (Administrative Management and General Management Consulting Services), 40 under 541211 (Offices of Certified Public Accountants), and 11 under 541219 (Other Accounting Services). PSC coding mirrors this profile, with 51 awards coded to Support-Management: Accounting, 31 to Support-Management: Financial, and 29 to Support-Professional: Program Management/Support.

TFC's work with FTA is anchored by a $21.6 million Comprehensive Oversight Review and Technical Assistance Program (CORTAP) Blanket Purchase Agreement originally awarded in 2022 and renewed on January 15, 2025, with an updated ceiling of $21.7 million and completion through January 2030. Recent CORTAP task orders include a $2.4 million labor-hours call order (September 2025) for FY 2026 comprehensive oversight reviews with a no-cost modification adding key personnel, a $12,100 program management support call (July 2025), a $444,182 FY 2025 workshops delivery order (September 2024) for regional training across Regions 1–5, and a $2 million FY 2025 package for reviews (September 2024). A separate FTA procurement system review IDIQ, awarded March 2022 with a $12.4 million ceiling and expiring March 2027, has produced four task orders through the vendor: $457,663 (July 2022), $720,919 (September 2023), $907,330 (February 2025), and a final $983,988 delivery order (September 2025) concluding in September 2026. Beyond FTA, recent capability examples include a $7.85 million definitive contract awarded by the Defense Security Cooperation Agency (April 2025) for international loan modeling and budget management support through April 2030; a $17.1 million Centers for Medicare and Medicaid Services delivery order (July 2022) for hospital price transparency enforcement and compliance with Guidehouse as the primary subcontractor, running through July 2027; and a $4.37 million Department of Agriculture BPA call (September 2024) for food assistance compliance review support through September 2029 with Guidehouse providing subcontract support.

TFC holds positions on multiple government-wide vehicles. The vendor sits on the $999.9 billion GSA OASIS+ Total Small Business (OASIS+SB) Multiple Award Contract, awarded December 19, 2024, with performance through December 2029. A recent $2.67 million delivery order from the International Trade Administration (September 2025) ordering against OASIS+SB for financial management support services runs through September 2029. TFC also holds a $4.35 million single-award Budget Analyst Support Services BPA with the Defense Nuclear Facilities Safety Board (awarded December 2024, completing November 2029) against the GSA Multiple Award Schedule. The GSA Multiple Award Schedule is TFC's highest-activity parent vehicle overall, supporting 93 task orders with $357 million in combined potential value. In addition, TFC holds a $75 million single-award USDA Agricultural Research Service BPA (awarded September 2023, completing September 2028) for financial support services under the MAS. The Financial Management Oversight Program (FMO), a legacy FTA IDIQ, spawned 36 task orders (totaling $35.2 million) before completion; most FMO work has transitioned to CORTAP. TFC also sits on The Professional Services Schedule, which produced 33 task orders valued at $25.4 million.

Activity has remained stable over the past three years, with 6 awards in FY2022 and FY2023, 8 in FY2024, and 9 in FY2025; three awards have arrived in 2026 year to date. Seven awards carrying combined potential value of $25.3 million face ultimate completion within the next twenty-four months, presenting recompete exposure. The most recent award is a $605,895 delivery order from Immigration and Customs Enforcement (June 17, 2026) under OASIS SB for customer service operations supporting the Office of Financial Management systems and tools, completing December 2026.

On GSA Schedule, TFC lists 46 active labor categories spanning from $74.08/hr for Staff I or Associate-level roles to $335.31/hr for Senior Principal positions; the spectrum includes Technical Associate ($103.16/hr), Supervisor II ($121.73/hr), Supervising Consultant III ($144.40/hr), Senior IT Analyst II ($168.59/hr), and IT Project Director ($217.13/hr). No security-cleared roles are offered; education requirements range from associate to bachelor's degree.

Service Contract Inventory data shows TFC-reported invoicing of $42 million across FY2022–FY2024 on prime contracts. FY2024 invoicing reached $16.2 million across 71.1 FTEs, up from $13.1 million and 58.6 FTEs in FY2023, reflecting workforce growth year-over-year. Government-paid hourly rates on SCI-reportable prime contracts ran a median of $128.36/hr, with a 10th percentile of $81.60/hr and a 90th percentile of $176.77/hr. Across SCI-reportable prime contracts, subcontractors performed an average of 20% of total contractor hours; TFC reported 47 named subcontractors. Two sub-awards in the source include OMB A-123 internal control support work under Guidehouse (March 2026) and performance audits of the Thrift Savings Plan under KPMG (February 2026). The vendor operates as a feeder to larger primes on specialized audit and internal-control engagements while maintaining control of the majority of its federal delivery portfolio through direct prime relationships.

TFC Consulting specializes in assisting Federal agencies address accounting, financial management, regulatory compliance, and information technology consulting needs.