Expanding Audit Services: Kearney and Co. Receives $11.9M Contract Adjustment for Defense Health Program

Kearney and Co. P.C., Alexandria, Virginia, is being awarded a maximum $11,893,927 labor-hour contract modification (P00010) for financial statement audit services for the Defense Health Program (DHP), Medicare Eligible Retiree Care Fund, and Defense Health Agency Contract Resource Management. This brings the total cumulative value of the existing contract, HQ042322F9000, to $34,554,750 from $22,660,822. Work will be performed in various locations including DHP headquarters in Falls Church, Virginia, as well as other federal locations in Texas, Ohio, Indiana, Maryland, Colorado, New York, and Maine, with an expected completion date of Dec. 31, 2024. This contract was the result of a competitive acquisition for which one quote was received. Fiscal 2024 defense-wide operating and maintenance funds in the amount of $11,893,927 are being obligated at time of option exercise. The Defense Finance and Accounting Service, Contract Services Directorate, Columbus, Ohio, is the contracting activity.