Agriculture awards PwC $10 million A-123 contract
- By Mary Mosquera
- Oct 13, 2005
The Agriculture Department has awarded PricewaterhouseCoopers LLP a blanket purchase agreement valued at up to $10 million to assist with implementation of internal controls reporting required by the Office of Management and Budget, according to the company.
Under the terms of the multiyear agreement, PwC's federal unit will support Agriculture's compliance with OMB Circular A-123, Appendix A, which defines revised requirements for internal controls over financial reporting, the company said today. The department may also use the contract vehicle to support financial management and business operations.
Circular A-123 aims to provide federal managers with a process for assessing the effectiveness of an agency's internal control over financial reporting.
Mary Mosquera is a reporter for Federal Computer Week.