Audit Services

The State of New Mexico Health Care Authority has issued a Request for Proposals (RFP #26-630-5000-0015) for annual audit services to be performed by Independent Public Accountants (IPAs) qualified and in good standing with the Office of the State Auditor. The procurement seeks sealed proposals due electronically by April 8, 2026, at 3:00 PM MST/MDT, with a pre-proposal conference scheduled for March 19, 2026, via Microsoft Teams and a written questions deadline of March 23, 2026. The primary services include annual financial statement audits of the Health Care Authority's financial statements, with deliverables encompassing engagement letters, draft and final financial statements, audit reports, semi-monthly progress meetings, audit planning documents, and federal data collection forms related to Random Moment Surveys, Administrative Claiming, and Direct Medical Service Cost Reporting and Settlement activities. All audit services must comply with State Auditor Rule 2.2.2 NMAC, generally accepted auditing standards (GAAS), and Uniform Grant Guidance regulations under OMB's Super Circular (2 CFR 200-521). The evaluation will employ a comprehensive 1,000-point system distributing points across mandatory specifications (pass/fail), cost proposals (200 points), offeror qualifications and experience (250 points), organizational references (20 points), partner and staff qualifications (350 points), audit approach (150 points), and firm strengths and weaknesses (30 points), with pricing evaluated on a competitive basis using a formula where the lowest cost proposal divided by the proposal being recommended and multiplied by ten produces the final cost points. Required qualifications include New Mexico licensure, independence certification, prior state engagement experience, and the ability to identify anticipated audit problems, with all offerors required to submit three organizational references with completed questionnaires due by April 1, 2026, at 5:00 PM MST/MDT.

This procurement is structured as a single-source award with no set-asides for disadvantaged enterprises, and only qualified IPAs in good standing with the Office of the State Auditor are eligible to respond. Subcontractors are not permitted without prior written approval from the Health Care Authority. The contract term is one year with options to extend for two additional one-year terms at the same price, terms, and conditions, with potential for up to seven additional one-year extensions, not to exceed eight years total. Work will primarily be performed at the Health Care Authority's Administrative Services Division office at 1474 Rodeo Road, Santa Fe, New Mexico, with possible visits to program divisions and field offices throughout the state. All proposals must include a Campaign Contribution Disclosure Form, Letter of Transmittal, suspension and debarment certifications, financial statements documentation, and evidence of professional qualifications and experience with similar government audit engagements. Offerors must provide detailed itemized cost proposals for each of the three contract years, including hourly composite rates by personnel category, estimated hours, and out-of-pocket audit-related expenses such as travel and per diem, though the RFP does not specify an overall budget range or award value amount.