State Department Awards $350M Financial Management Support Contract to IFAS

Woodbridge, Virginia-based Integrated Finance and Accounting Solutions has been awarded a potential $350 million contract to provide support services to the State Department’s Bureau of the Comptroller and Global Financial Services.

The department announced the Charleston Global Financial Services indefinite-delivery/ indefinite-quantity contract through an award notice published Friday.

CGFS-Charleston provides financial services to the State Department, including domestic organizations and posts abroad.

Under the IDIQ contract, the contractor will provide certified and trained financial and information technology professionals and administrative services staff in support of the department’s basic financial accounting, disbursement and payroll functions for foreign service officers, civil service personnel and local employees supporting the department’s overseas posts.

The vendor will also deliver related support services, including financial systems analysis, design; business process analysis; testing; implementation support; database management; system integration and operations support; configuration management; technical and operational analysis; enterprise resource analysis and processing; help desk; security; accounting services; budgeting; financial reporting and analysis; audit follow-up services; planning and performance measurement services; reconciliation; and training, according to the scope of work.

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