FIAR Solicitation

Financial Improvement And Audit Remediation Support Follow On Effort (FIAR Solicitation)

FIAR Solicitation Summary

The Department of the Air Force, Office of the Assistant Secretary of the Air Force, Financial Management and Comptroller (SAF/FM) has a continuing requirement for Financial Improvement and Audit Readiness (FIAR) support.

FIAR Solicitation in a Nutshell

Item

Details
Agency The Department of the Air Force, Office of the Assistant Secretary of the Air Force, Financial Management and Comptroller (SAF/FM)
Solicitation Number FA701423R0023
Status Pre-RFP
Solicitation Date 06/2024 (Estimate)
Award Date 08/2024 (Estimate)
Contract Ceiling Value $1,011,000,000.00
Solicitation Number FA701423R0023
Competition Type Full and Open / Unrestricted
Type of Award Task / Delivery Order
Primary Requirement Financial & Business Services
Duration 1 year(s) base plus 4 x 1 year(s) option(s)
Contract Type Firm Fixed Price,Indefinite Delivery Indefinite Quantity,Time and Materials,Task Order
No. of Expected Awards Multiple – Number Unknown
NAICS Code(s):
541219

Other Accounting Services
Size Standard: $25.0 million annual receipts
Place of Performance:
  • CONUS
  • OCONUS
Opportunity Website: https://sam.gov/opp/cd8640075d404759a5e3ae2da96a4dea/view

FIAR Solicitation Background

The DAF has undergone six full financial statement audits from FY2018-FY2023. During this time, the DAF has made progress in addressing a complex and labor-intensive endeavor, and claimed early victories in important areas, notably its ability to account for mission critical assets’ and in FY21 downgraded/closed three material weaknesses. However, the DAF continues to receive a ‘Disclaimer of Opinion’ based on documented processes and system weakness. SAF/FM as the executive agent for the DAF’s financial statement audit, along with other DAF partners, continue to manage a comprehensive strategy to align audit remediation efforts across the enterprise. The DAF developed and implemented its Audit Roadmap and Integrated Master Schedule, which lays out milestones to achieve a clean audit opinion by 2026 and 2028 for the General Fund and Working Capital Funds financial statements, respectively.

FIAR Solicitation Requirements

  • This contract will provide Advisory and Assistance Services (A&AS) for beginning-to-end support as it relates to audit remediation, sustainment, and financial statements reporting and analysis for the Department of the Air Force (DAF), which includes United States Air Force (AF) and United States Space Force (SF); hereinafter referred to as DAF.  Contractor support shall assist the DAF in achieving the DAF’s audit strategy and roadmap’s goals and objectives, and for the DAF to obtain and sustain a clean audit opinion.

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