District of Columbia Cobblestone Systems #CFOPD-20-C-010B

Award for Unclaimed Property Auditing Services to Kelmar Associates LLC by District of Columbia Office of Finance & Treasury

This award summary details the District of Columbia's selection of Kelmar Associates LLC for unclaimed property auditing services: - Government Buyer - District of Columbia, Office of the Chief Financial Officer (OCFO), Office of Finance & Treasury (OFT), Office of Contracts - OEMs and Vendors - Kelmar Associates LLC (sole vendor and service provider) - Products/Services Requested - Unclaimed property auditing services, including: - General ledger auditing - Securities auditing - Oversight of contractor-assisted self-audits - Unclaimed property consulting - Collection and delivery of unclaimed property held by companies or agents - No physical products or part numbers; all items are professional services - Contract Structure and Value - Requirements contract with a not-to-exceed value, increased through modifications to $984,000 - Firm fixed contingency fee of 10.25% on delivered unclaimed property (estimated $1.6 million annually) - Period of Performance - Three-year base period with two two-year option periods - Current exercised term: July 30, 2025 – July 29, 2026 - Unique or Notable Requirements - Compliance with District COVID-19 safety orders for in-person work - No subcontracting required (waiver granted) - Kelmar Associates is not a Certified Business Enterprise (CBE) in the District - Place of Performance and Delivery - Primary locations: Office of the Chief Financial Officer and Office of Finance and Treasury, 1100/1101 4th Street, SW, Washington, DC 20024 - Contractor address: 500 Edgewater Dr., Suite 525, Wakefield, MA 01880

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) has contracted Kelmar Associates LLC to provide auditing services related to unclaimed property. The scope includes general ledger auditing, securities auditing, oversight of contractor-assisted self-audits, consulting services, and the collection and delivery of unclaimed property held by companies or agents. The contract includes two option periods of two years each, with the current term running from July 30, 2025, to July 29, 2026. The contract value has been increased through modifications to a not-to-exceed amount of $984,000.

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