Award
Delivery Order #47QFDA22F0017
GSA Awards Ernst & Young $67.78M for Financial System Support
Buyer
Federal Acquisition Service
Award Amount
$79,085,264.21
Ceiling
$79,085,264.21
Period of Performance
Jan 26, 2022 – Jan 25, 2023
Identifier
47QFDA22F0017
NAICS
541519
The General Services Administration (GSA) awarded a definitive contract in the form of a Delivery Order to Ernst & Young LLP, a well-known firm specializing in audit, assurance, tax, transaction, and advisory services. The contract, related to Ginnie Mae Financial Systems Technology Support and Modernization (GFIT), has a potential total value of $67,781,616.97. There was no set-aside designation for this contract, as the recipient is classified as other than a small business. This award is significant for the GSA and public sector as it aims to enhance the operational efficiency of critical financial systems, impacting timely service delivery and regulatory compliance. The work encompasses a range of services under a time and materials pricing structure, expected to be carried out until January 2027. The contract was awarded on a full and open competition basis, ensuring fair access to the contracting opportunity. The timeline of the project indicates a performance start date of January 26, 2022, with subsequent milestones leading to its potential end date in January 2027. No subcontractors or previous contracts were mentioned in the record.
Description
MOD P00020 IS TO REINSTATE AND FULLY FUND OY4 CLINS. GINNIE MAE FINANCIAL SYSTEMS TECHNOLOGY SUPPORT AND MODERNIZATION GFIT.