Opportunity
District of Columbia Cobblestone Systems #CFOPD-23-C-007
District of Columbia award for OPEB accounting and financial-statement services
Posted
November 09, 2026
Identifier
CFOPD-23-C-007
NAICS
541219
The District of Columbia awarded a contract for accounting and financial-statement services for its Other Post-Employment Benefits (OPEB) Fund. - Government buyer: Government of the District of Columbia, Office of the Chief Financial Officer (OCFO), Office of Contracts, on behalf of the Office of Finance & Treasury. - Awarded vendor: Bert Smith & Company, also identified as Bert W. Smith, Jr. & Co., Chartered, d/b/a Bert Smith & Co. - Services: Prepare comparative OPEB financial statements and related reports; coordinate with District staff; conduct interim and annual reviews, review participant activity and investment fees, and perform surprise securities inspections. Deliverables include adjusting journal entries and audited financial statements with management discussion and analysis (MD&A) and notes. - Staff categories and hourly rates: Principal ($225–$245), Manager ($160–$172), Senior Auditor ($120–$128), Staff ($90–$98); rates increase across the base term and four option years. Semi Senior Auditor is listed as N/A for all periods. Contract schedule item codes are 001–005, 101–105, 201–205, 301–305, and 401–405. - Requirements and value: Restricted to certified business enterprise (CBE) offerors. The contract’s cumulative maximum not-to-exceed value is $1,250,000, with a maximum of $250,000 per option period and a $1,000 minimum for the final option period.
Description
The contract is for accounting services for the District’s Other Post-Employee Benefits (OPEB) Fund, including preparation of comparative financial statements showing the financial position of the Plan. The contractor works with District staff to implement the requirements. It is an Indefinite Delivery Indefinite Quantity contract with firm fixed unit prices and is designated for certified business enterprise (CBE) offerors. The source states four one-year option periods and a current term of November 18, 2026, through November 17, 2027.