Construction Audit Services

Texas Woman's University (TWU) is soliciting proposals for Construction Audit Services through RFP-731-25-006-DW, seeking a vendor to provide comprehensive audit services for 5-10 construction projects annually. The primary focus is on Construction Manager at Risk (CMAR) and Request for Proposals delivery methods, with the selected firm responsible for reviewing solicitation documents through final payment, reducing overcharges, and monitoring billing accuracy. Vendors must submit pricing as a percentage of each project's construction costs, with specific requirements to provide fee structures for $1M and $10M construction projects. The evaluation criteria will allocate 30 points each for pricing and experience, 15 points for firm overview, 15 points for personnel and certifications, and 10 points for document management capabilities. Key proposal deadlines include questions due by February 14, 2025, university responses by February 21, 2025, and final proposals due March 5, 2025, at 2:00 PM CT. The initial contract term is one year with three optional one-year renewals, and proposers must demonstrate expertise in construction cost oversight, contract compliance, and detailed audit procedures.

The university has determined there are no specific subcontracting opportunities for this contract, and no HUB (Historically Underutilized Business) set-asides are mentioned beyond the standard requirement for contracts over $100,000. No incumbent vendors are currently providing construction audit services, and TWU indicates they may use multiple vendors, with each department independently selecting the most advantageous proposer. The project management will utilize technologies including TMA, MS Projects, MS Excel, and Bluebeam. While no specific budget is disclosed, the costs will be integrated into individual project budgets, with fees calculated as a percentage of construction costs. The university reserves the right to conduct remote interviews with proposers and may request financial statements from selected vendors. Proposers should be prepared to provide comprehensive audit services that can be conducted remotely, with no requirements for mandatory field visits, and demonstrate capability in securely managing and sharing large confidential documents.