MorganFranklin Press Releases

FOR IMMEDIATE RELEASE

MorganFranklin Corporation Awarded Department of Labor Contract Valued Up to $5.6 Million

McLean, Virginia – December 19, 2007

MorganFranklin Corporation, a professional services and solutions provider to government and business leaders on high-stakes financial, operational and IT issues, announced today that it has been awarded a one-year contract with four option years worth up to $5.6 million from the Department of Labor (DOL) to provide professional accounting services to support the Office of the Chief Financial Officer (CFO). 

Under the new contract, MorganFranklin will provide the DOL with professional services to support the CFO in meeting OMB’s Circular No. A-123, Management’s Responsibility for Internal Control, internal control assessment and remediation requirements, as well as OMB’s Circular A-136 PAR reporting requirements.

“MorganFranklin is extremely excited to support the DOL and its mission,” said Bill Hughes, managing director of MorganFranklin’s Federal Advisory Practice. “We look forward to assisting management in advancing its goals and at the same time continuing to strengthen its OMB A-123 process, assisting in maintaining its green status for all five government-wide President’s Management Agenda (PMA) initiatives, and increasing overall DOL program effectiveness.”

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About the Company

Business and government leaders look to MorganFranklin when faced with high-stakes financial, operational and IT challenges. Our teams combine expertise in accounting and finance, operations and management, advanced technology and systems with track records of performance in complex environments. The company serves a global client base from offices in Washington, D.C., Chicago, Phoenix and London. Learn more at www.morganfranklin.com.