Department of Health and Human Services Awarded a Contract to KPMG LLP for $974,190.00

Summary of Award

### Government Contract Award Summary: NHLBI Enterprise Risk Management Program

The contract detailed in the JSON response represents a significant procurement by the U.S. federal government with KPMG LLP, a prominent professional services firm. This contract, identified by the award ID "75N92020F00129," is issued as a Delivery Order under an Indefinite Delivery Contract (IDC) framework and is part of the NHLBI Enterprise Risk Management (ERM) Program. The contract's execution highlights various aspects of federal procurement processes, agency collaboration, and reliance on established professional service providers such as KPMG LLP.

#### Contract Overview Signed on March 26, 2020, the contract involves a total obligation of $643,014, with the potential to extend to $974,190 when including all possible options. This arrangement emphasizes the flexibility provided to the National Heart, Lung, and Blood Institute (NHLBI), a division of the National Institutes of Health (NIH) within the Department of Health and Human Services (HHS), to adjust the scope and financial commitment based on evolving needs or project scopes over time. The NHLBI has tasked KPMG LLP with implementing a comprehensive risk management framework, as suggested by the contract description related to enterprise risk management. This aligns with NHLBI’s broader mission of advancing knowledge and understanding of the treatment and prevention of heart, lung, blood, and sleep-related disorders. #### Recipient Information and Services KPMG LLP, the recipient of this contract, is headquartered in McLean, Virginia. As a firm with roots in global services including audit, tax, and advisory services, KPMG is well-positioned to deliver on the professional support required by NHLBI. Classified as a U.S.-Owned Business and a Limited Liability Partnership, KPMG is established within the Professional, Scientific, and Technical Services sector, particularly in accounting and auditing services under the NAICS code 541211. These designations reflect KPMG’s capabilities in providing expert advice on setting up, evaluating, and refining risk management systems, which are critical in managing public health research program uncertainties. #### Awarding Process and Competition The contract process involved full and open competition, indicating that the award was made following a public solicitation where multiple entities were considered. The specific award process included two offers, suggesting a competitive selection environment. KPMG’s eventual selection underscores its competitive edge in delivering the required services under the terms set by the solicitation procedures of the Federal Acquisition Service (FAS). #### Financial Transactions and Obligations The listed transactions reveal various financial activities spanning from initial obligations to amendments and adjustments. Notably, the contract commenced with an initial transaction amounting to $318,318 on March 26, 2020. Several transactions throughout the contract period reflect modulations in financial terms, including significant adjustments and modifications - a routine feature in the lifecycle of federal contracts to account for performance evaluations, scope changes, or fiscal policies. For instance, a notable transaction on March 25, 2022, incorporated an additional $324,696 into the financial structure, compatible with the DEF code "Q", indicative of designated funds or accounts. As of February 28, 2025, there was another transaction marking the complex contract administration requirements pivotal in maintaining governance and transparency in federal spending. #### Impact and Strategic Importance The risk management program steered by KPMG for NHLBI likely aims to fortify institutional capabilities in managing potential operational and strategic risks. Such initiatives are crucial, considering NHLBI’s role in managing extensive research programs with vast national and global implications. Robust risk management frameworks aid in mitigating disruptions, ensuring regulatory compliance, and maintaining public trust – essential factors for a government agency devoted to public health advancements. In conclusion, this federal contract with KPMG LLP underpins strategic innovation at the intersection of healthcare and professional services. By awarding this contract, the NHLBI seeks to ostensibly enhance its operational resilience and strategic foresight through systematic risk management processes, ensuring that its critical research programs continue to flourish under stable governance structures. This contract, therefore, represents a calculated investment by the federal government in harnessing specialized expertise to further national health objectives.