HUD Financial Management and Internal Control Support Services (FMIC) Market Res

The Office of the Chief Finance Officer (OCFO) at Ginnie Mae, a government corporation within HUD, is seeking support services for financial management and internal control. Ginnie Mae's mission is to provide access to global capital for America's housing finance industry. The lack of investment in financial reporting and internal control systems has led to significant material weaknesses. After years of investment in remediation efforts, Ginnie Mae received an unmodified opinion on their financial statements. The support services needed include operations and maintenance to sustain compliant financial reporting and finance optimization to modernize the OCFO and improve financial policies, processes, and controls.

The contractor will provide services such as technical accounting operations support, audit readiness assistance, collaboration with accounting system providers, data analysis, policy and procedure development, financial reporting support, internal controls and governance support, compliance management, budgetary accounting support, and training. The contractor will also assist with the transition from the incumbent contractor within 6 months of the task order start date.

The timeframe of the acquisition is not specified in the summary. The place of performance will be at Ginnie Mae's office in Washington D.C. The notable aspect of this opportunity is the focus on strengthening Ginnie Mae's financial management and internal controls to ensure compliance with federal and commercial standards and improve efficiency and effectiveness in financial operations.