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June 22, 2010 — KGS Awarded Subcontract by KPMG to Provide Navy Financial Improvement Plan (FIP) Support

On June 16, 2010, KPMG, LLP, awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) subcontract to KGS to provide support to Department of the Navy (DON) organizations for monitoring and execution of the DON FIP. The range of tasks KGS may provide in support of the KPMG Team to accomplish this requirement covers all aspects of DON financial management, accounting operations, financial statement preparation and analysis, internal control and OMB Circular A-123 initiatives, audit readiness efforts, as well as some Navy Enterprise Resource Planning (ERP) support, particularly for data cleansing.

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