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

Award for Unclaimed Property Auditing and Consulting Services

This award summary covers the District of Columbia's selection of Discovery Audit Services LLC for unclaimed property auditing and consulting services. - Government Buyer: - District of Columbia, Office of Finance & Treasury (OFT), under the Office of the Chief Financial Officer (OCFO) - Office of Contracts (Dorothy Whisler Fortune, Esq. CPPO) - Awarded Vendor: - Discovery Audit Services LLC (DAS) - OEMs: - No product OEMs are involved; this is a services contract - Services Requested: - 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 - Quantities & Part Numbers: - No specific part numbers or quantities; services are provided as needed under a requirements contract - Notable Requirements: - Contractor must provide experienced auditors for all listed services - Comprehensive oversight and consulting for unclaimed property management - Proven track record in returning unclaimed property to rightful owners or the state - Contract Value: - Base contract: $108,000 for three years - Two option periods: $72,000 each for two years per option - Total potential value: $252,000 over seven years - Contract Structure: - Base period of three years - Two option periods of two years each - All options have been exercised

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) seeks a contractor to provide auditors for general ledger auditing, securities auditing, oversight of contractor-assisted self-audits, unclaimed property consulting services, and collection and delivery of unclaimed property related to unclaimed property held and owing by companies or agents. The contract includes two option periods of two years each, with the current term from 7/30/2025 to 7/29/2027. The contractor for this contract is Discovery Audit Services located in Baton Rouge, LA.

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