Hello, Guest!
  • Saturday, April 20, 2024

EY Secures $263M Navy Financial Audit Contract

Global professional services firm EY has won a potential five-year, $263.4M from the Defense Finance and Accounting Service to help audit the U.S. Navy's financial statements.

The branch is obligating $50.3M at the time of award from its fiscal 2021 operations and maintenance funds, the Department of Defense said Friday.

The labor-hour contract has a one-year base period that runs through Dec. 31, 2021, followed by four one-year option periods. Work will take place in Alexandria, Virginia.

DFAS received one quote for the audit services via a competitive acquisition process.

Video of the Day

Related Articles

Rachele Cooper: A Digital Transformation Leader’s First Wash100 Win Articles

Rachele Cooper: A Digital Transformation Leader’s First Wash100 Win

Rachele Cooper, Founder and Chief Executive Officer of Aptive Resources, has earned a spot among the 100 executives embodying the qualities of a Wash100 winner. She won the award for her management consulting leadership and consistent federal government support.   As one of the 42 first-time Wash100 winners, Ms. Cooper forges a path for small

Deloitte Secures Potential $100M Navy OTA for Digital Manufacturing Data Vault Contract Awards

Deloitte Secures Potential $100M Navy OTA for Digital Manufacturing Data Vault

Deloitte Consulting will provide advanced manufacturing support and enterprisewide digital manufacturing data vault capabilities and services under a potential seven-year, $99.8 million other transaction production agreement with the U.S. Navy. The majority of the contract work will occur in Arlington, Virginia, through April 2031, the Department of Defense said Thursday. Under the single-award agreement, the

Diving Into 3 Key Navy Modernization Strategies DOD

Diving Into 3 Key Navy Modernization Strategies

Modernization is a top priority for the Department of Defense, and many department-wide modernization initiatives are currently underway. Though these efforts have a broad reach across the organization, individual DOD components are supplementing them with tailored approaches to their own specific challenges. To address the unique demands of shifts in the maritime environment, the Department