SW Financial Auditing and Accounting Prequal Program

The Department Technology, Management and Budget MA220000000126 contract provides comprehensive financial auditing and accounting services through a prequalified contractor network available on an as-needed basis. The scope of services encompasses financial accounting, integrity oversight monitoring, auditing services, and compliance assurance work, including specialized services such as cash management, forensic accounting, budgeting, financial forecasting, internal controls evaluation, OPEB analysis, payroll administration, debt management, grant administration, cybersecurity evaluation, and information technology systems assessment. For local units of government, the contract extends to municipal finance planning, engineering support, planning services, pension and OPEB analysis, and technical support for school district financial improvement. The two-tier procurement structure enables participating entities to access prequalified professionals with fixed hourly rates ranging from $125 to $340 per hour based on experience and position level.

MGT Impact Solutions LLC serves as the prime contractor under this indefinite delivery contract administered by the State of Michigan Department of Technology, Management and Budget. The original contract period spans from November 1, 2021, through October 31, 2024, with three one-year renewal options extending potential performance through October 31, 2027. This vehicle is available to State of Michigan departments and MiDEAL members, including local units of government, school districts, universities, community colleges, and nonprofit hospitals throughout Michigan. The estimated aggregate contract value at execution was $25.00, with an administrative fee of 0.75% applied to all payments. The contract incorporates stringent security requirements including FISMA and NIST compliance standards, FedRAMP authorization for hosted services, multi-factor authentication, and AES-256 encryption standards.