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

Award for Unclaimed Property Auditing and Consulting Services for the District of Columbia

This award summary covers the District of Columbia's contract for unclaimed property auditing and consulting services: - Government Buyer: - District of Columbia, Office of the Chief Financial Officer (OCFO), Office of Contracts, on behalf of the Office of Finance and Treasury (OFT) - Awarded Vendor: - Audit Services US LLC (ASUS) - Services Requested: - Unclaimed property auditing and consulting services - 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 - Contract Structure and Value: - Base period of three years, with two two-year option periods - Most recent extension covers an additional one-year period - Total contract value increased to $630,000 with the latest modification - Firm fixed contingency fee contract (10.5% of delivered unclaimed property value, estimated $1,000,000 annually) - Notable Requirements: - Expertise in unclaimed property auditing and consulting - Ability to oversee and conduct various types of audits - Compliance with District laws and wage determinations - Key personnel and subcontracting requirements - No specific product part numbers or purchase quantities; services-focused contract - Multiple awards were made for similar tasks, but ASUS was selected for Task I

Description

The Office of the Chief Financial Officer (OFT) for the District of Columbia and the Office of Contracts on behalf of the Office of Finance and Treasury seeks a contractor(s) 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.

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