Inter-American Foundation Awarded a Contract to PKFECUADOR & CO. C.L. for $36,390.00

Summary of Award

The JSON response from usaspending.gov provides a detailed overview of a contract awarded by the U.S. federal government to PKF Ecuador & Co. C.L., focusing on grant audit services related to operations in Ecuador. This transaction, classified as a delivery order, emphasizes the organization's role in financial auditing and management support services.

### Overview of the Award

The awarded contract, identified by the unique ID "CONT_AWD_20343124F00032_2036_20343121D00001_2036," falls under the general category of contract services and is specifically labeled as a "Delivery Order." The contract's exact nature is encapsulated in the description "GRANT AUDIT SERVICES FOR ECUADOR," indicating a focus on audit-related tasks. The contract's total obligation amounts to $36,390, with this amount being entirely obligated at the time of the award and no further financial dispersals noted beyond this commitment. This monetary figure aligns with the base and all exercised options within the contract, suggesting a firm fixed price agreement where all costs were determined upfront, without anticipated adjustments. ### Transactions Under the Award Looking deeper into the transactions associated with this award, four major transactions are recorded, representing the contract's progression and execution. Each transaction is mapped with a specific modification number, suggesting updates or key states of implementation. 1. **Initial Transaction (August 14, 2024)**: This initial transaction, marked by "Mod 0," reflects the commitment of the total obligated amount of $36,390. This reflects the start of the contractual agreement following the formal signing. 2. **Subsequent Modifications (November 27, 2024; March 1, 2025; April 10, 2025)**: These three transactions, identified as "Mod P00001," "Mod P00002," and "Mod P00003," respectively, indicate further administrative processes or minor adjustments. Notably, no additional financial transactions were recorded during these modifications, maintaining the financial status quo established by the initial transaction. These transactional details reveal a contract process that maintains consistent financial outlays as per the initial agreement, highlighting a controlled and stable management framework within the contractual lifecycle. ### Agencies Involved The Department of the Treasury’s Bureau of the Fiscal Service is the awarding agency, illustrating the U.S. Treasury's administrative role in executing this contract. This agency is responsible for ensuring that fiscal policies are adhered to in the contracting process. Furthermore, the funding agency is the Inter-American Foundation, reflecting an international dimension likely tied to collaborative efforts or development initiatives within the Americas. This agency's involvement suggests a focus on fostering sustainable development and relationships through financial accountability in grants, correlating with the contracted audit services. ### Role and Background of the Recipient PKF Ecuador & Co. C.L., the recipient of this contract, is a foreign-owned business operating in Ecuador. The company is not classified as a small business and operates as a partnership or limited liability partnership. PKF Ecuador specializes in the professional, scientific, and technical services sector, particularly in public accounting services. Their expertise is underscored by their classification under NAICS code 541211, "Offices of Certified Public Accountants," and PSC code "R704," "Support-Management: Auditing." The firm's headquarters is located in Guayaquil, Ecuador, a strategic location that supports their operations in delivering auditing services across the region. This contract underscores the indispensable role of international partnerships in enhancing accountability and efficiency in managing U.S.-funded initiatives abroad. ### Contractual and Legislative Context The contract predominantly follows simplified acquisition procedures, indicating a process focused on minimizing administrative hurdles while still ensuring competition and cost-effectiveness. Although an extent of competition was applied, the procedures highlight the niche and specialized nature of auditing services, which require a specific expertise readily provided by PKF Ecuador. Moreover, the contract does not involve a small business competitive set-aside, further emphasizing the specialized nature of the services required. There is no apparent application of construction wage rates or labor standards, aligning with the service-oriented aspects of auditing. ### Performance Period and Obligations The period of performance spans from August 21, 2024, to February 28, 2025, with exact adherence to the timeline as no extensions or variations are implied. This adherence marks a disciplined execution, vital for ensuring timely reports and audits, which potentially facilitate financial empowerment and development in Ecuador. ### Final Remarks This contract illustrates a collaborative, internationally-geared fiscal initiative underpinned by expert auditing services. Through its fixed pricing, collaborative agency involvement, and professional delivery, the agreement not only ensures financial oversight but potentially bolsters developmental impacts within Ecuador, aligning with broader U.S. public policy aims.