Bids for forensic accounting services

The Commonwealth of Kentucky's General Government Cabinet, specifically the Kentucky Commission on Human Rights (KCHR), issued Request for Proposals (RFP) 370 2000000388 on April 22, 2020, seeking qualified forensic accounting service providers to conduct comprehensive financial investigations into the Commission's transactions and related entities. Proposals are due by 4:30 p.m. Eastern Time on May 6, 2020. The primary objective is to investigate potential fraud, financial anomalies, and organizational control deficiencies within KCHR funds using Generally Accepted Accounting Principles and standard forensic accounting methodology, with investigations to be conducted at the direction of the Commission Board's Budget Committee. The initial contract term spans from June 1, 2020 through June 30, 2020, with the Commonwealth reserving the right to renew for up to two additional one-year periods, subject to approval by the Secretary of the Finance and Administration Cabinet and the Legislative Research Commission Government Contract Review Committee. Vendors must submit three separate proposal components—technical proposal, cost proposal, and proprietary information—with one original hard copy and one digital copy in Microsoft Word, Excel, or PDF format on thumb/flash drive. The evaluation scoring allocates 200 points for the technical proposal, which assesses detailed experience in accounting investigations for public agencies (100 points) and professional qualifications and certifications of forensic accounting staff (100 points), with an additional 200 points for the cost proposal based on an all-inclusive hourly rate structure, and up to 50 points for oral presentations that may be requested. No offeror's conference or bidder's meeting has been scheduled.

Preferences in the bidding process are extended to Kentucky resident bidders and qualified bidders as defined by Kentucky Revised Statutes Sections 45A.490 and 45A.492, though no specific set-asides for disadvantaged enterprises are noted in the documentation. The Commonwealth reserves the right to negotiate fair and reasonable compensation rates following evaluation and may reject any or all proposals. KCHR's annual budget of approximately $2,000,000 is funded through multiple sources including the Commonwealth of Kentucky General Fund, the U.S. Department of Housing and Urban Development, and the U.S. Equal Employment Opportunity Commission, indicating the available budget range for this forensic accounting engagement. The contract is subject to approval and filing with the Legislative Research Commission before becoming effective, which may influence the final award timeline and contract execution. No incumbent vendors or current contractors are identified in the solicitation documentation, nor are specific technology integration requirements detailed.