R -- Professional Financial and Accounting Services

The National Capital Planning Commission (NCPC) plans to enter into a sole source negotiation with Capitol Business Solutions, Inc. for specialized financial and accounting services. The contract focuses on supporting NCPC’s accounting system, FreeBalance Financials, by assisting with the recording of budgetary authority, allotments, commitments, obligations, expenditures, and revenue in line with the Standard General Ledger. Additionally, the services include transaction processing, data extraction, customization of FreeBalance to suit NCPC’s unique needs, development and implementation of budget, accounting, and financial management policies supporting audited financial statements, and comprehensive support for the budgetary process including budget submissions, apportionments, and execution. This contract demands expert knowledge of federal accounting and financial management policies, as well as an in-depth understanding of NCPC’s current accounting, budget, and procurement systems. The sole source nature of the requirement emphasizes the necessity of Capitol Business Solutions’ specialized expertise with FreeBalance Financials and NCPC’s financial processes. Communication related to this contract is restricted to fax or email directed to Charles J. Rieder, NCPC’s Administrative Officer, ensuring a streamlined and controlled inquiry process. The solicitation, identified as NCPC-08-01 and posted in December 2007, falls under NAICS code 541219 for professional financial and accounting services.