UNSPSC 84111602: Quarterly reviews

UNSPSC 84111602 Quarterly reviews, a Commodity code, encompasses external audit services and related financial compliance engagements that state and local governments procure to verify financial accuracy, ensure regulatory compliance, and assess internal controls across their operations. State and local buyers soliciting under this code include counties (Broward, Fulton, DeKalb, Wake, Harris, and San Mateo in recent postings), cities (Detroit, Fort Worth, Winter Park, Cibolo, Amarillo, St. Pete Beach, and Fort Valley), transit authorities (Orange County Transportation Authority, Detroit Department of Transportation), school districts (Marion County Schools, Willamette Education Service District, Silver Falls School District, Central School District 13J), state departments (Colorado Department of Education, South Dakota Bureau of Human Resources & Administration, Texas Health and Human Services Commission, Texas Alcoholic Beverage Commission, Illinois Department of Human Services, New Mexico Department of Public Safety, California State Lottery), and special-purpose authorities (Boulder County Housing Authority, Ontario International Airport Authority, Orlando Utilities Commission). Representative recent solicitations include Broward County Purchasing Division's draft RFP for external audit services (DRAFTGEN2132533P1, proposals due October 16, 2026, covering five Constitutional Officers and multiple enterprise funds under a five-year contract exceeding $500,000 with a 25 percent County Business Enterprise participation goal); Fulton County, Georgia's request for annual audit services (RFP 26RFP1702546C-MH, proposals due October 27, 2026, for Single Audits and comprehensive financial reporting across three fiscal years); and Boulder County Office of Financial Management's RFP for financial auditing services (RFP30426, proposals due September 25, 2026, covering five fiscal years with evaluation weighted toward technical qualifications and audit approach).

Recent activity concentrates in Florida (Broward, Orange, Marion, Seminole counties and multiple cities), Georgia (Fulton, DeKalb, Dooly counties and City of Fort Valley), Colorado (Boulder County, Denver City, Colorado Department of Education), Texas (Wake County, San Mateo County, Orange County Transportation Authority), and a long tail of additional states including Oregon, South Carolina, Nevada, Illinois, and New Mexico. Audit scopes typically include comprehensive annual financial statement audits, Single Audits under federal Uniform Guidance (2 CFR 200), compliance testing for federal and state grants, internal controls assessment, and management letters with process-improvement recommendations. Qualification requirements commonly mandate current state CPA licensure, Government Auditing Standards (Yellow Book) expertise, and five or more years of experience with comparable governmental entities. Contract terms generally span three to five years with optional renewals, and evaluation criteria typically weight technical approach, firm and team qualifications, relevant experience, and cost proposal, with cost ranging from 10 to 30 percent of total scoring. Incumbent audit firms appear across multiple jurisdictions (CliftonLarsonAllen LLP in Marion County, Cherry Bekaert LLP in Orange County, Weaver and Tidwell in California State Lottery, and others), and many jurisdictions explicitly reserve the right to award multiple firms or renegotiate pricing post-evaluation. Set-aside and preference programs are inconsistently applied—some solicitations name DBE, MBE, WBE, or local-business preferences; others make no mention. Professional liability insurance requirements typically range from $500,000 to $2 million per claim or occurrence.