CSFA01-26 - Auditing Services

The California School Finance Authority is soliciting proposals for auditing services covering fiscal years ending June 30, 2026 and 2027 under RFP CSFA01-26, with proposals due June 30, 2026 at 5:00 p.m. Pacific Time. A 5% Small Business or Microbusiness preference, a 5% Non-Small Business Microbusiness Subcontractor preference for 25% small business participation, and California Disabled Veteran Business Enterprise incentives of 1–5% apply to qualifying firms.

The scope requires a certified public accounting firm to conduct comprehensive financial statement audits and internal control assessments of CSFA's ten programs, including the Charter School Facilities Program, Charter School Facility Grant Program (SB 740), Charter School Facilities Credit Enhancement Grant Program, State Charter School Facilities Incentive Grants Program, Charter School Revolving Loan Program, Conduit Bond Financing Program, and PANACEA, ABLE, and FINE initiatives managing over $7 billion in loans and grants for California charter schools and community college districts. Audits must comply with Generally Accepted Government Auditing Standards, State Controller's Office minimum requirements, and Office of Management and Budget standards for federal program compliance.

The maximum contract amount is $115,500 for the initial two-year term ($57,750 per year), with an optional one-year extension not to exceed $57,750. All rates must remain constant throughout the agreement term. The contract runs October 1, 2026 through September 30, 2028, with an optional renewal through September 30, 2029.

Minimum qualifications include an established California office, certified public accountant firm status with at least three years in business, publicly traded corporate status, and completion of at least three audits of state or governmental agencies within the past five years. Evaluation awards points across four weighted categories: Experience as an Accounting/Auditing Firm (30 points), Qualification of Personnel (20 points), Experience with State or Governmental Agencies (15 points), and Cost (35 points). The Notice of Intent to Award is scheduled for July 8, 2026, following an evaluation period of July 1–7, 2026.