Inter-American Foundation Awarded a Contract to FEDERAL MANAGEMENT SYSTEMS, INC. for $55,487.94

Q: Where is FEDERAL MANAGEMENT SYSTEMS, INC. located?

462 K ST NW WASHINGTON DISTRICT OF COLUMBIA UNITED STATES

Signed on

2/14/2024, 12:00 AM

FEDERAL MANAGEMENT SYSTEMS, INC. Government Contract #20343124F00014

FEDERAL MANAGEMENT SYSTEMS, INC. was awarded a contract with the United States Government for $55,487.94. The contract was awarded by the agency office ARC DIV PROC SVCS - IAF, which is a division with the Bureau of the Fiscal Service within the Department of the Treasury.

Summary of Award

The recipient of the government contract is Federal Management Systems, Inc., a U.S.-owned business based in Washington, D.C., specializing in auditing services. The contract, funded by the Inter-American Foundation and awarded by the Department of the Treasury's Bureau of the Fiscal Service, is for Eastern Caribbean audit services, totaling $55,487.94. Notable transactions include a payment of $141,534 on the contract's signing date and subsequent adjustments.

Contract Details

Contract ID20343124F00014

Contract TypeC

Total Obligation$55,487.94

Exercised Options$55,487.94

Base Amount + Options$55,487.94

Date Signed2024-02-14

Contract DescriptionEASTERN CARIBBEAN AUDIT SERVICES (TASK ORDER #2)

Start Date2024-02-16

End Date2025-02-15

Agency Details

Awarding AgencyDepartment of the Treasury

Awarding Sub AgencyBureau of the Fiscal Service

Awarding OfficeARC DIV PROC SVCS - IAF

Funding AgencyInter-American Foundation

Funding Sub AgencyInter-American Foundation

Funding OfficeINTER-AMERICAN FOUNDATION

Recipient Details

RecipientFEDERAL MANAGEMENT SYSTEMS, INC.

Recipient Location462 K ST NW WASHINGTON DISTRICT OF COLUMBIA, UNITED STATES

Business CategoriesBlack American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00003 | $-86,046.06May 8, 2025

Inter-American Foundation, a sub agency of Inter-American Foundation, issued a payment of $-86,046.06 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00March 18, 2025

Inter-American Foundation, a sub agency of Inter-American Foundation, issued a payment of $0.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00December 2, 2024

Inter-American Foundation, a sub agency of Inter-American Foundation, issued a payment of $0.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $141,534.00February 14, 2024

Inter-American Foundation, a sub agency of Inter-American Foundation, issued a payment of $141,534.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.