KPMG TO AUDIT BIDS IN OAK RIDGE PROTECTIVE FORCE PROCUREMENT

With the due date for proposals looming, the Department of Energy has hired accounting firm KPMG to audit financial information and cost proposals included in bids for its Oak Ridge protective force contract, DOE informed bidders yesterday. The Department said that KPMG would conduct fieldwork audits starting the week of Oct. 22, three days after the Oct. 19 due date for proposals. DOE said that KPMG has provided confidentiality and non-disclosure agreements, allowing it to perform the audits on proprietary financial information included in proposals. “The audit services will likely be required on aspects of the pricing submitted by your teaming partners and subcontractors, as well,” DOE said in a notice posted to the procurement website yesterday. “After DOE has received the proposals, KPMG may perform certain inquiries related to your proposal prior to audit fieldwork for audit planning purposes.” DOE also released another round of questions-and-answers yesterday about the procurement, most notably denying a request to extend the due date for proposals another two weeks.