OLCC Financial Audit Cost.xlsx

This is a financial audit cost template document for the Oregon Liquor and Cannabis Commission (OLCC) that outlines the scope of work and deliverables for a comprehensive financial audit engagement. The audit project is structured around five primary phases: Project Initiation & Planning, Documentation & Controls Review, Monthly Distribution Validation, Controls Assessment & Recommendations, and Reporting & Closeout. The engagement encompasses multiple deliverables including project plans, documentation request lists, risk assessments, process summaries, control matrices, validation testing plans, monthly validation results beginning July 1, 2025, exception lists, variance analyses, controls evaluations, improvement recommendations, and both draft and final financial audit reports culminating in an executive summary presentation.

The cost template provided contains line items for each deliverable with columns designated for staff position titles, maximum hours, hourly rates, and extended costs; however, all numerical values are currently populated with $0.00, indicating this is a blank cost structure awaiting completion by prospective bidders. The document does not specify pricing terms, contract duration, set-asides, or other financial parameters, as it appears to be a preliminary budgeting framework rather than a finalized cost proposal. Bidders responding to this opportunity would be required to populate the staff position details, allocate appropriate hours for each task, apply their hourly billing rates, and calculate total extended costs for each deliverable component.