KPMG, EY Win $322M in DoD Audit Support Contracts

KPMG, EY Win $322M in DoD Audit Support Contracts
financial audit

KPMG and Ernst & Young have won separate five-year contracts worth $322.2 combined to help the Department of Defense's inspector general office audit financial statements

The Defense Finance and Accounting Service awarded $224M to KPMG for U.S. Army audit support and $98.1M to EY for similar services to the Defense Logistics Agency, DoD said Thursday.

DFAS received three quotes for the first labor-hour contract and two quotes for the second contract. Both awards have a one-year base period that runs through December 31, 2021, followed by four one-year options.

KPMG and EY will receive initial agency funds amounting to $43.7M and $18.8M, respectively.

You may also be interested in...

Defense Digital Acquisition and Modernization Forum

Expert Panel to Discuss DoD Strategies at GovConWire’s Defense Digital Acquisition and Modernization Forum

GovConWire’s Defense Digital Acquisition and Modernization Forum on Dec. 1 will feature an expert panel, composed of federal and industry leaders across the government contracting sector. The panel will address the DoD’s Software Acquisition Strategy, Defense Acquisition Workforce Development and the future of data and information technology modernization across agencies. To register for the Defense Digital Acquisition and Modernization Forum, as well as view upcoming opportunities, visit GovConWire’s Event Page.

The White House

Jake Sullivan Appointed National Security Adviser Under Biden Administration

Jake Sullivan, formerly deputy assistant to the president under the Barack Obama administration, has received appointment as national security adviser to President-elect Joe Biden. Sullivan is among the six key members of the incoming administration's foreign policy and national security team unveiled Monday.