Award
District of Columbia Cobblestone Systems #CFOPD-20-C-010B
Unclaimed Property Auditing Services
Recipient
Kelmar Associates LLC
Award Amount
$984,000.00
Ceiling
$984,000.00
Awarded
July 30, 2020
Identifier
CFOPD-20-C-010B
The District of Columbia's Office of the Chief Financial Officer (OCFO), through the Office of Contracts on behalf of the Office of Finance and Treasury (OFT), awarded a requirements contract to Kelmar Associates LLC for unclaimed property auditing services. The services include general ledger auditing, securities auditing, oversight of contractor-assisted self-audits, unclaimed property consulting, and collection and delivery of unclaimed property held and owed by companies or their agents. The contract has an estimated total price not to exceed $492,000, with a base period of three years and two optional two-year periods. The contract involves detailed compliance requirements, including COVID-19 health and safety provisions, and is governed by District regulations. The primary location of performance is Washington, DC. The award was based on a competitive solicitation with eight proposals, with Kelmar ranked highly for its experience and qualifications. The contract includes multiple modifications exercising options and extending the term, with the current period running from July 30, 2025, to July 29, 2026.
Description
The Office of the Chief Financial Officer (OCFO) for the District of Columbia and the Office of Contracts on behalf of the Office of Finance and Treasury (OFT) awarded a contract to Kelmar Associates LLC to provide utilization of one or more auditors for general ledger auditing, securities auditing, oversight of contractor-assisted self-audits, unclaimed property consulting services, collection and delivery of unclaimed property as it relates to unclaimed property held and owing by companies (Holders) or agents.