Ccrfp for internal auditor – financial review

The New Jersey Municipal Excess Liability Joint Insurance Fund (NJMEL) is conducting a Competitive Contracting Request for Proposals (CCRFP) to secure internal auditing and financial review services for a three-year contract period from January 1, 2026 through December 31, 2028. The procurement seeks a qualified Certified Public Accounting firm to perform comprehensive internal control assessments, financial compliance reviews, and operational audits specifically targeting the joint insurance fund's fiscal integrity and regulatory compliance. Proposals must be electronically submitted via the BidNet Direct portal by November 12, 2025 at 10:00 A.M., with an evaluation process utilizing a 50-point scoring system that assesses technical capabilities (25 points), managerial competence (15 points), and cost effectiveness (10 points). Key qualifications for proposers include demonstrable experience with joint insurance funds, extensive knowledge of governmental legal and regulatory requirements, and proven capability to deliver comprehensive internal audit services. Proposers must substantively address the fund's objectives of strengthening transparency, accountability, and financial oversight across its programs and member funds.

While no specific set-aside designations were explicitly mentioned, the procurement requires proposers to complete mandatory forms including affirmative action certifications, ownership disclosures, and non-collusion affidavits. The successful bidder must provide cyber liability insurance with $1,000,000 per claim and aggregate coverage, and meet specific cybersecurity requirements such as multi-factor authentication, data encryption, secure backups, and annual security training. Although no minimum purchase is guaranteed, the contract represents a comprehensive engagement for internal auditing services within Morris County, New Jersey. The fund is tax-exempt, and prospective vendors should be prepared to demonstrate robust technical and managerial capabilities aligned with governmental accounting standards. While a specific budget range was not disclosed, interested firms should be prepared to provide a competitive cost proposal that meets the technical and operational requirements outlined in the CCRFP.