BFS
Vital Stats
Who We Serve
At Business and Financial Management Solutions, LLC (BFS), we are dedicated to delivering tailored consulting services that empower a diverse range of public sector organizations to achieve operational excellence. Over two decades of expertise have shaped our commitment to supporting Local, State, and Federal agencies, as well as Educational Institutions, with solutions that drive efficiency, enhance compliance, and optimize performance.
We specialize in addressing the unique challenges faced by:
Government Agencies: Assisting federal, state, and local entities in navigating complex regulatory landscapes, maximizing funding opportunities, and achieving fiscal accountability.
Educational Institutions: Partnering with schools, districts, and higher education organizations to streamline operations, ensure compliance with federal education programs like ESSA and IDEA-B, and implement best practices for grants management and reporting.
Nonprofit Organizations: Supporting mission-driven entities by improving operational frameworks, ensuring regulatory compliance, and enhancing grant and fiscal management practices.
Contractors and Service Providers: Offering guidance on compliance requirements and regulatory frameworks to ensure seamless collaboration with public sector entities.
Our collaborative approach ensures each client receives tailored solutions that address their unique needs. Whether it’s through grant support services, compliance auditing, fiscal management, or professional development, BFS provides the tools and expertise to help organizations thrive in an ever-evolving public sector environment.
Clients and Partners Across Industries
BFS proudly partners with organizations across a wide range of sectors, including all levels of government (Local, State, Federal, and LEA), Quasi-Governmental entities, non-profits, and private organizations operating in highly regulated industries.
Past and ongoing clients and partners include, but are not limited to:
Federal and State Agencies
Bureau of Indian Affairs (BIA)
Texas Division of Emergency Management (TDEM) – Prime: CohnReznick, LLP
Texas Division of Emergency Management (TDEM) – Prime: Horne, LLC
Texas Department of Agriculture (TDA)
Texas State Auditor’s Office (SAO)
Texas Health and Human Services Commission (HHSC)
Cancer Prevention and Research Institute of Texas (CPRIT)
Private Non-Profit/Quasi-Government/Private Entities
Institute of Internal Auditors (IIA)
Texas Association of School Business Officials (TASBO)
Texas Council on Family Violence (TCFV)
Electric Reliability Council of Texas (ERCOT)
Dr. Salinas and Associates
Partnerships
CohnReznick, LLP
Berman, Hopkins, Wright, LaHam & Associates, LLP
Whitley Penn, LLP
Horne, LLC
State Education Agencies
Texas Education Agency (TEA)
Maryland State Department of Education (MSDE)
Institutes of Higher Education
Southwestern College (SWC)
Lone Star College (LSC)
Local Education Agencies
McAllen ISD
Dallas ISD
Cleveland ISD
City Governments
The City of Houston
The City of Austin
Staff Competency
At BFS, our team is comprised of highly skilled professionals with extensive expertise in public sector operations, financial management, and compliance. Our staff’s qualifications reflect their dedication to excellence and their ability to deliver innovative solutions tailored to the unique needs of our clients. With a deep understanding of regulatory frameworks and the ability to interpret complex regulations, our team ensures your organization is equipped to navigate today’s challenges with confidence.
Certifications Held by Our Staff
CPA – Certified Public Accountant
Industry-leading credential signifying expertise in accounting, financial reporting, and regulatory compliance.
CFE – Certified Fraud Examiner
Specializes in fraud prevention, detection, and investigation, ensuring financial integrity and regulatory compliance.
CICA – Certified Internal Control Auditor
Mastery in evaluating and implementing effective internal control systems.
CRMA – Certification in Risk Management Assurance
Mastery in risk assurance, governance, and quality assurance in internal auditing.
JD – Juris Doctor (CA, TX, NM, NV)
Advanced expertise and knowledge in legal principles, laws, and regulations relevant to public sector operations.
PMP – Project Management Professional
Globally recognized certification demonstrating excellence in project planning, execution, and risk management.
CGFM – Certified Government Financial Manager
Expert proficiency in federal, state, and local government financial management.
CIA – Certified Internal Auditor
Recognized globally as the gold standard for internal auditing, demonstrating expertise in risk management and governance.
CGAP – Certified Government Auditing Professional
Specializing in the unique requirements of auditing public sector organizations and programs.
CCEP – Certified Compliance & Ethics Professional
Demonstrates proficiency in corporate compliance, regulatory requirements, and ethical risk management..
Paralegal Certification
Expertise in legal research, contract review, and the interpretation of laws and regulations to support compliance efforts.
About BFS
NAICS:
541219 – Other Accounting Services (except CPA’s)
541611 – Administrative Management and General Management Consulting Services
541618 – Other Management Consulting Services
561110 – Office Administrative Services
561499 – All Other Business Support Services
611430 – Professional and Management Development Training
624230 – Emergency and other relief services
SAM Registration: Current
UEI: H1ZNDJR6NZ95
Certified Texas HUB:
BFS is proud to be a Texas Historically Underutilized Business (HUB). VID#1463381065100
Certified SDVOSB:
Proud to be a CVE Service-Disabled Veteran-owned Small Business (SDVOSB). A Contracting Officer can award to a SDVOSB on a sole source basis (6.302-5(b)(6)) before considering small business set-asides (see 19.203 and subpart 19.5 provided none of the exclusions of 19.1404) apply.
Certified SBA (8)a:
SBA 8(a) Direct Award – FAR allows for federal agencies to contract with us through SBA’s 8(a) Program direct source rule. Contracts under this program cannot exceed $4 million. For rules and instructions on the 8(a) Program, click here. To request direct source awards to BFS, contact our SBA Specialist.
Certified M/W/DBE:
BFS is a certified minority, woman, disadvantaged business enterprise. We are certified through DOT TUCP, as well as in several local jurisdictions.
Contract Vehicles
TIPS-USA:
BFS is a TIPS vendor. Clients who are part of The Interlocal Purchasing System (TIPS) can make a direct award to BFS through TIPS using the following contracts: 210101 – Technology Solutions, Products, and Services. 200703 – Staffing Services. 200601 – Consulting and Other Related Services. To make a purchase, contact us directly or click here to visit TIPS.
Texas Department of Information Resources (DIR):
BFS holds a contract with DIR for the sales of software products. Please visit this link for product and contract information. Click here to go to DIR directly.