UNSPSC 84111601: Year end audits

UNSPSC 84111601 Year end audits is a Commodity code covering independent financial statement audits and compliance examinations conducted by certified public accounting firms for state and local government entities, schools, community mental health centers, pension funds, transit authorities, and special-purpose districts. State and local governments buy annual comprehensive audits under this code, including preparation of audited financial statements, management letters, internal control assessments, single audits under federal Uniform Guidance, and specialized audits such as defined contribution plan audits, impact fee audits, claims audits, and PREA facility compliance audits. The buying base spans state agencies (Texas Comptroller, Texas Education Agency, Illinois Department of Human Services, Colorado Department of Education), counties (Harris County, Beaufort County, San Mateo County, Effingham County, Burnet County), cities (Fort Worth, McKinney, Gulfport, Hampton, Savannah, Atlanta), school districts and educational institutions (Texas Tech University System, City Colleges of Chicago, Columbia Gorge Education Service District, California School Finance Authority), regional councils and workforce boards, and special-purpose entities such as pension systems, water authorities, and community mental health centers. Recent solicitations include the Texas Alcoholic Beverage Commission's RFQ for internal audit services (due August 12, 2026), Lane Council of Governments' RFP for three-year financial statement audits with comprehensive audit scope (due July 22, 2026), Illinois Department of Human Services' IFB for enhanced audit services supporting ongoing inspector general investigations (due July 28, 2026), and San Mateo County's RFP for defined contribution plan audits covering five retirement plans with approximately $998 million in assets (due July 2, 2026).

Activity is concentrated in Texas, California, Georgia, and the Pacific Northwest. Recent opportunities posted in July 2026 represent the bulk of current buying, with Texas state agencies, regional councils, and municipalities issuing the majority of notices. The mix of issuing bodies reflects broad state and local demand: state auditor and comptroller offices (Texas Comptroller, Illinois DHS), county finance departments, city development and administrative services departments, independent school systems and higher-education institutions, workforce investment boards, and specialized authorities managing retirement plans, transportation fees, and health programs. Evaluation criteria typically weight demonstrated experience and qualifications at 40–60 percent, technical approach and methodology at 15–25 percent, and cost at 15–35 percent. Many procurements carry set-aside or preference requirements including Texas HUB (Historically Underutilized Business) subcontracting plans, VetHUB (Veteran) participation goals, and MBE/WBE participation targets in California and Illinois. Professional liability insurance requirements typically range from $1 million to $5 million per occurrence depending on engagement complexity and client size. Contract terms are commonly three to five years with optional annual renewals. This code sees steady, diversified demand across geographic regions and issuing-body types, with no dominant customer concentration and consistent year-round activity patterns.