DoD's $19.4M Deloitte Contract for Accounting Services Awarded Under Full and Open Competition
Contract Overview
Contract Amount: $19,409,404 ($19.4M)
Contractor: Deloitte & Touche LLP
Awarding Agency: Department of Defense
Start Date: 2023-07-23
End Date: 2026-01-22
Contract Duration: 914 days
Daily Burn Rate: $21.2K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: PKS - ROSS - CARMONA PAREDES - FIAR TO 0058
Place of Performance
Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20330
Plain-Language Summary
Department of Defense obligated $19.4 million to DELOITTE & TOUCHE LLP for work described as: PKS - ROSS - CARMONA PAREDES - FIAR TO 0058 Key points: 1. Contract awarded to Deloitte & Touche LLP for accounting services. 2. Significant value of $19.4 million over a 3-year period. 3. Procured through full and open competition, suggesting market availability. 4. Sector is professional services, specifically accounting and auditing.
Value Assessment
Rating: good
The contract value of $19.4 million for accounting services appears reasonable given the duration and the provider's reputation. Benchmarking against similar large-scale government accounting contracts would provide further validation.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating that multiple qualified firms could bid. This method generally promotes competitive pricing and ensures the government receives best value.
Taxpayer Impact: The use of full and open competition is a positive indicator for taxpayer value, as it allows for a wide range of potential providers to offer their services, driving down costs.
Public Impact
Ensures essential accounting and auditing functions for the Department of the Air Force. Supports financial integrity and compliance within a major government agency. Potential for improved financial reporting and accountability through expert services.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Contract duration of 914 days is substantial.
- No small business participation noted.
Positive Signals
- Awarded under full and open competition.
- Firm Fixed Price contract type mitigates cost overrun risk.
Sector Analysis
This contract falls within the professional services sector, specifically accounting and auditing. Government spending in this area is crucial for financial management and oversight, with benchmarks varying based on agency size and complexity.
Small Business Impact
The data indicates no small business participation in this contract. While the contract was awarded through full and open competition, opportunities for small businesses in this specific large-scale accounting service are not apparent from the provided details.
Oversight & Accountability
The contract is managed by the Department of the Air Force, a component of the Department of Defense. Oversight would typically involve contract officers, financial managers, and potentially Inspector General functions to ensure performance and compliance.
Related Government Programs
- Offices of Certified Public Accountants
- Department of Defense Contracting
- Department of the Air Force Programs
Risk Flags
- No small business participation.
- Long contract duration.
- High contract value.
Tags
offices-of-certified-public-accountants, department-of-defense, dc, delivery-order, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $19.4 million to DELOITTE & TOUCHE LLP. PKS - ROSS - CARMONA PAREDES - FIAR TO 0058
Who is the contractor on this award?
The obligated recipient is DELOITTE & TOUCHE LLP.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Air Force).
What is the total obligated amount?
The obligated amount is $19.4 million.
What is the period of performance?
Start: 2023-07-23. End: 2026-01-22.
What is the specific scope of accounting services required by the Air Force under this contract?
The scope likely includes a range of accounting functions such as financial statement preparation, auditing support, accounting system maintenance, compliance reviews, and potentially advisory services related to financial regulations. The specific tasks would be detailed in the contract's Statement of Work (SOW).
Are there any performance metrics or KPIs tied to this contract to ensure effectiveness?
While not explicitly stated in the provided data, large government contracts typically include performance metrics and Key Performance Indicators (KPIs) within the Statement of Work. These would measure aspects like timeliness, accuracy, and quality of accounting services delivered by Deloitte & Touche LLP.
How does the $19.4 million cost compare to similar accounting service contracts for other branches of the DoD or federal agencies?
Benchmarking this $19.4 million contract against similar accounting service contracts requires access to a broader dataset of government procurements. Factors like contract duration, specific services, and agency size significantly influence costs. However, for a multi-year engagement with a major firm like Deloitte, this figure appears within a plausible range for large federal agencies.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Accounting, Tax Preparation, Bookkeeping, and Payroll Services › Offices of Certified Public Accountants
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: TWO STEP
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Parent Company: Deloitte Financial Advisory Services LLP
Address: 1919 N LYNN ST, ARLINGTON, VA, 22209
Business Categories: Category Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $19,409,404
Exercised Options: $19,409,404
Current Obligation: $19,409,404
Actual Outlays: $3,808,595
Subaward Activity
Number of Subawards: 2
Total Subaward Amount: $4,034,022
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: FA701418D5000
IDV Type: IDC
Timeline
Start Date: 2023-07-23
Current End Date: 2026-01-22
Potential End Date: 2026-01-22 00:00:00
Last Modified: 2025-08-19
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