FINANCIAL AND BUSINESS SOLUTIONS

Schedule 520

CONTRACT DESCRIPTION

Every year it takes millions of individual financial transactions, which result in billions of dollars expended, just to run the United States federal government. If that figure seems astounding, think about the amount of financial data that federal agencies must provide to comply with various legislative, regulatory and political initiatives on these transactions. Agencies are being required to provide more financial data than ever before, and must accomplish this with fewer staff resources.

GSA's FABS (Schedule 520) provides solutions for various financial dilemmas through a wide range of financial services. This multiple award schedule provides federal agencies with direct access to commercial agencies that can thoroughly address the needs of the federal financial community. These contractors are available to assist with the following types of financial services:

• Origination, evaluation, management, resolution and disposal of various assets;
• Financial audits, economy and efficiency audits, program audits, cost recovery audits and transportation audits;
• Full range of professional services in financial management;
• Budget formulation, execution and monitoring;
• Accounting;
• Consumer and commercial credit reports; and
• Compliance with the Government Performance and Results Act (GPRA), the Government Management Reform Act (GMRA), the Chief Financial Officers (CFO) Act, the Inspector General (IG) Act, and the Debt Collection Improvement Act (DCIA).
• Financial Services Schedule

GSA realizes that agencies have limited staffing and budget resources, as well as varying needs. That is why FABS provides access to a multitude of professional financial services and allows for the ability to customize the services to meet specific agency needs. The FABS schedule allows for choice, flexibility, ease-of-use and access to quality firms in the financial arena (ranging from small business to the industry leaders).

Sales in this schedule area have increased significantly over the past four years, with FY2005 sales estimated at nearly $600 million.

CONTRACT AREAS (SPECIAL ITEM NUMBERS)

520 1 Program Financial Advisor - Assist agencies on cross-cutting issues, asset marketability, program development, trust or other monetary fund management/benefit administration, equity monitoring, originations, and addresses any other considerations regarding the acquisition, management and/or resolution of an asset.

520 10 Transportation Audits - Perform administrative reviews and rate examinations on prepayment and post-payment transportation bills to ensure accuracy, completeness, and compliance with established rates, tariffs, quotations, agreements, tenders or other applicable rate authority.

520 11 Accounting - Transaction analysis, transaction processing, data analysis and summarization, technical assistance in devising new or revised accounting policies and procedures, classifying accounting transactions, special studies to improve accounting operations.

520 12 Budgeting - Assess and improve the budget formulation and execution processes, conduct special reviews to resolve budget formulation or budget execution issues, provide technical assistance to improve budget preparation or execution processes.

520 13 Complementary Financial Management Services - Assess and improve financial management systems, financial reporting and analysis, strategic financial planning, financial policy formulation and development. Devise and implement performance measures, conduct special cost studies, perform actuarial services, perform economic and regulatory analysis, assist with financial quality assurance efforts, perform benchmarking.

520 14 Audit & Financial Training Services - Plan and deliver audit and financial training services including but not limited to course development and instruction required to support audit, review, financial assessment and financial management activities.

520 15 Outsourcing Recurring Commercial Activities for Financial Management Services - Services that an agency identifies as recurring commercial activities which may include billing, payroll processing, application processing, claim processing, grant application management, loan application management, inventory management, and other financial management activities.

520 16 Business Information Services - Electronic and non-electronic transmission (excluding voice communication) of Consumer Credit Reports, Address Verification Reports, Skip Location Reports, Public Information, Domestic Business Profile, International Business Profile, Mortgage Reports, Supplemental Credit Reference Reports, Bond Rating, Managed Fund Rating, Institutional Ranking, Data Processing (credit/financial) Credit Scoring, Merged Credit Files, Credit Risk Assessment and Miscellaneous Business Information (BIS) Services. May provide computer software intended for BIS use and customization of reports.

520 2 Transaction Specialist - Assist agencies in all asset resolution related areas including valuation/pricing, portfolio stratification, restructuring and disposition strategies which best meet agency goals. Make specific recommendations as to the best execution. Conduct a sale or other disposition vehicle. Provide marketing expertise, budget and credit reform analyses.

520 3 Due Diligence & Support Services - Assist agencies in the confirmation and validation of specific elements of an agency's portfolio of assets. Collect and organize data from an agency's files or a third party source, create asset inventory database, provide support for asset sales (e.g., asset valuations, investor war room and asset packaging, and closings), develop quality/information controls.

520 4 Debt Collection - Provide collection services and servicing of defaulted loans which may include borrower negotiations, restructuring, and workout agreements.

520 5 Loan Servicing & Asset Management - Assist agencies in servicing, monitoring and maintaining loan assets which may include establishing loan database, remittance processing, verify and update borrower data, issue forms and correspondence, process loan cancellations and consolidations, billing services, credit bureau reporting, and transfer and discharge loans. Provide servicing of troubled loans which may include borrower negotiations, restructuring, foreclosure and supervision of the sale of the collateral and workout agreements.

520 6 Professional Legal Services - Assist agencies with the full spectrum of professional legal support required for the resolution, management and/or disposition of assets held by the Federal Government.

520 7 Financial & Performance Audits - Perform financial statement audits, financial-related audits and performance audits. An independent assessment of an audited entity's a) financial statements in conformity with generally accepted accounting principles, b) financial information, adherence to financial compliance requirements and internal controls, or c) organization or program performance to identify areas for improvement.

520 8 Complementary Audit Services - Other services performed by auditors including assist in developing questions for use at hearings, develop methods and approaches in evaluating a new or proposed program and forecast potential program outcomes.

520 9 Recovery Audits - Audits performed to recover funds resulting from overpayments, duplicate payments and underpayments. Performed under the authority of Section 354 of the National Defense Authorization Act for FY 96 (Public Law 104-106; 110 Stat. 268; 10 U.S.C. 2461), and Section 388 of the National Defense Authorization Act for FY 98.

HOW WE CAN ASSIST YOUR FIRM

When retained, we provide turnkey contract services to our professional clients. We provide the research, business review, competitive analysis, submittal preparation, marketing preparation, and follow through sales actions to make this entire program a success. Under this program, our clients remain focused on their core business while opening up a new and profitable segment to their current operations.

The fee structure at Breen & Associates is designed to be performance oriented. This means that your costs are fixed and represents only a fraction of the costs your company would experience if they attempted entree on your own. Additionally, we guarantee that your company will be awarded under this contract (if you follow our recommendations for proposal submittal). Normal Development to award time for us is under 90 days.

If you would like the opportunity to get your fair share of this contract worth nearly $600 Million, contact us today!

To Contact Us, Click Here