ESBD_493477_1775146074877_Addendum 4.pdf

This Addendum #4 modifies Request for Proposal #332-RFP26-1002 issued by the Texas Department of Housing and Community Affairs for audit services. The addendum revises Section 4.2.I regarding pricing submission requirements and Section 4.2.N regarding required exhibits. Regarding the audit services opportunity itself, TDHCA seeks proposals from qualified certified public accounting firms to conduct annual audits of the agency's financial statements, revenue bond programs, and fund balances in accordance with generally accepted auditing standards and Government Auditing Standards. The contract term runs from May 1, 2026, through April 30, 2027, with TDHCA holding options to renew for three additional one-year periods at its sole discretion. Key audit deliverables include unlimited-scope financial statement audits, opinions on internal controls and compliance with applicable laws and regulations, compliance testing with the Public Funds Investment Act, and the Financial Data Schedule report due by September 15, 2026, with all audit reports due by December 15, 2026. Interim fieldwork is scheduled for early July, primary fieldwork in early October, and draft reports are due in early December 2026. Proposals were due on April 2, 2026, at 2:00 p.m. Central Time.

The modified addendum clarifies that pricing must be submitted on a price sheet reflecting all costs in a firm, fixed-price format with no variable costs listed separately as line items, though travel-related expenses remain subject to inclusion within the overall pricing structure. Respondents must be independent, properly licensed certified public accountants in Texas with relevant experience in housing finance agencies, tax-exempt and taxable bond issuances, governmental accounting, and arbitrage regulations. Evaluation criteria allocate 30 points for Firm Experience and Qualifications, 25 points for Key Personnel Qualifications, 25 points for Technical Approach and Capacity, and 20 points for Price. A completed Historically Underutilized Business (HUB) Subcontracting Plan is mandatory, with statewide HUB goals of 23.7 percent for professional services. Required insurance coverage includes minimum limits of $500,000 per occurrence and $1,000,000 general aggregate, and respondents must comply with E-Verify requirements and drug-free workplace certification. No specific budget amount has been disclosed; prior year fee information should be requested through open records requests to establish pricing benchmarks.