More Help for USN’s Financial Improvement Plan

The Fleet and Industrial Supply Center Norfolk Detachment in Philadelphia, PA continues to issue cost-plus-fixed-fee, indefinite-delivery/ indefinite-quantity contracts in support of the implementation of the Department of the Navy (DON) Financial Improvement Plan (FIP). These contracts were competitively procured via the Navy Electronic Commerce Online website, and nine offers were received. The FIP is a corrective program designed to achieve an unqualified audit opinion for its Annual Financial Statements.

Initial contracts with a one-year value of $72.4 million were issued recently to SAIC and IBM Consulting, with options that could expand their combined total to $212.7 million over several years. These two contracts are cumulative with a combined $72.4 million in contracts issued on March 15, 2005 to Bearing Point and Deloitte Consulting LLP, with options that could raise their combined long-term value to $213.5 million.