Cost Allocation Financial Examination, Auditing, and Consulting Services

The Arkansas Department of Transformation and Shared Services is seeking a qualified accounting firm to perform Cost Allocation Financial Examination, Auditing, and Consulting Services through a Request for Qualifications (RFQ) issued for the Division of Information Systems. The procurement seeks a contractor to conduct a limited examination attestation of the agency's cost allocation plan, specifically focusing on compliance with 2 CFR Part 200 and Statewide Cost Allocation Plan requirements. Key deliverables include examining fund balances, working capital reserves, rate adjustments, billing controls, and providing recommendations on calculation methodologies. Contractors must have a minimum of 10 years of experience in government cost accounting, auditing, and financial examination services, with licensed Certified Public Accountants who have been employed by the contractor for at least 6 months. The evaluation process will include interviews scheduled for March 18-19, 2025, with proposals due on March 13, 2025, at 10:00 AM CST through the ARBuy eProcurement system. The anticipated contract start date is May 1, 2025, with an initial one-year term and potential for up to six additional one-year renewals, creating a maximum possible contract duration of seven years.

The RFQ does not specify specific set-aside designations or restrictions for disadvantaged enterprises. No incumbent vendor information is explicitly disclosed, though the document indicates similar services were previously utilized from 2007 to 2014. While a specific budget is not revealed, the solicitation emphasizes qualifications and expertise over cost considerations, with pricing to be negotiated during the discussions phase with selected contractors. The procurement requires various certifications, including restrictions related to Israel boycotts, illegal immigrant employment, and boycotts of energy, fossil fuel, firearms, and ammunition industries. Contractors must complete a Contract and Grant Disclosure form detailing relationships with state officials and potential conflicts of interest. The contract will be executed using the state's standard Services Contract SRV-1 template, which allows for payment through ACH direct deposit or the State's authorized VISA Procurement Card, with potential legislative review depending on the contract's financial threshold.