Hello, Guest!
  • Friday, November 22, 2024

EY Wins $149M Contract to Audit Navy Financial Statements


Professional services firm EY has won a potential $149.4 million contract from the Defense Finance and Accounting Service to help the U.S. Navy audit the service branch’s financial statements.

DFAS received two quotes for the labor-hour contract with five base months and four option years, the Defense Department said Tuesday.

The obligated amount of $10.2 million at the time of award is from the Navy’s fiscal 2017 operations and maintenance funds.

EY will perform contract work in Alexandria, Virginia, through Dec. 31, 2017.

Video of the Day

Related Articles

EY Wins $200M Air Force Audit Contract Contract Awards

EY Wins $200M Air Force Audit Contract

EY has secured a potential five-year, $200.2 million contract to examine data on general and working capital funds at the Department of the Air Force. The professional services firm will perform financial statement audit work for DAF, which is composed of the U.S. Air Force and Space Force, under the labor-hour contract with a 12-month

EY Secures $263M Navy Financial Audit Contract Contract Awards

EY Secures $263M Navy Financial Audit Contract

Global professional services firm EY has won a potential five-year, $263.4M from the Defense Finance and Accounting Service to help audit the U.S. Navy's financial statements.

KPMG, EY Win $322M in DoD Audit Support Contracts Contract Awards

KPMG, EY Win $322M in DoD Audit Support Contracts

KPMG and Ernst & Young have won separate five-year contracts worth $322.2 combined to help the Department of Defense's inspector general office audit financial statements. KPMG received a $224M contract to perform audit work for U.S. Army on a labor-hour basis and EY secured $98.1M to do a similar task for the Defense Logistics Agency, DoD said Thursday.