ISAC - IDAPP Student Loan Compliance Attestation Engagement Services
Active Open Market Small Purchase Illinois Awarded
- Contract number
- 26-691ISAC-IDAPP-P-86299
- Awardee
- PRADO & RENTERIA CPAS, P.C.
- Contracting organization
- Idapp
- Contract amount
- $75,000
Award facts
- Completion date
- NIGP code
Award details come from bidbuy.illinois.gov. Updated .
About this award
The Illinois Student Assistance Commission (ISAC) has awarded a contract to PRADO & RENTERIA CPAS, P.C. for compliance attestation engagement services related to the Illinois Designated Account Purchase Program (IDAPP). The contract, valued at $75,000.00, covers a three-year period from September 2025 to December 31, 2027, with services to be performed annually in the fall of 2025, 2026, and 2027.
The primary scope of work involves conducting an annual compliance agreed-upon procedures engagement focusing on IDAPP's participation in the Federal Family Education Loan Program. The vendor will perform compliance and attestation services in strict accordance with Chapter 3 of the Lender Audit Guide issued by the U.S. Department of Education Office of Inspector General. For each contract year, the contractor will be required to issue an Independent Accountant's Report on Applying Agreed-Upon Procedures, with services expected to begin in September and be completed by December 31st of the respective year.
Line items
| Item | Total |
|---|---|
| The Illinois Student Assistance Commission (ISAC) is issuing a solicitation for qualified vendors to conduct an annual compliance attestation engagement for the Illinois Designated Account Purchase Program (IDAPP) for 3 years - fall of 2025, fall of 2026, and fall of 2027. Services are expected to… | — |
| The vendor will 1. Conduct an annual compliance agreed-upon procedures engagement of IDAPP's participation in the Federal Family Education Loan Program. 2. Compliance and attestation services performed in accordance with Chapter 3 of the Lender Audit Guide entitled "Guide for Compliance… | — |
Quick answers
Who was awarded contract 26-691ISAC-IDAPP-P-86299?
Contract 26-691ISAC-IDAPP-P-86299 was awarded to PRADO & RENTERIA CPAS, P.C. by Idapp in Illinois on September 25, 2025.
How much is contract 26-691ISAC-IDAPP-P-86299 worth?
Its contract amount is $75,000.
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