The South Carolina Office of the State Auditor (OSA) is seeking qualified CPA firms to conduct a comprehensive joint financial audit for the state government from fiscal years 2025 through 2029. The procurement involves performing a statewide financial audit of the state's primary government and component units, which includes 10 state-supported public universities, 16 state-supported technical colleges, and various state authorities and commissions. The total audit engagement is estimated at approximately 6,000 hours, with the OSA and the selected audit firm collaboratively sharing responsibilities, each contributing around half of the total hours. The primary deliverable will be supporting the Annual Comprehensive Financial Report (ACFR) prepared by the Comptroller General's Office using the statewide enterprise information system (SCEIS). Key evaluation criteria will include the firm's understanding of the joint audit process, qualifications and experience, staff expertise, commitment to a team approach, and cost, with pricing considered but not allowed to outweigh the firm's capability to manage the complex engagement. A pre-proposal conference is scheduled for April 23, 2025, with proposals due by May 5, 2025. The RFP does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. The contract will allow for cancellation by either party with 150 days' notice and will require the successful proposer to provide technical resources including IT specialists, confirmation platforms, and access to subject matter experts throughout the audit process. While specific budget ranges are not detailed in the available documentation, the comprehensive nature of the audit and its multi-year scope suggest a significant professional services contract. The selected firm will be expected to integrate with existing state financial systems, particularly the SCEIS enterprise information system. The engagement represents a collaborative approach to state financial auditing, with the selected firm working closely with the Office of the State Auditor to ensure comprehensive financial reporting and oversight for Richland County and the broader state government infrastructure.
Name | Description | Size | Type (Click to sort descending) | Posted (Click to sort descending) |
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Joint auditor RFP.pdf | 276KB | 4/9/25 |