Financial Audit Texas Low Level

The Texas Education Agency is requesting proposals for financial audit services for the 2026 fiscal year under an RFP due November 13, 2026. The scope encompasses comprehensive financial-statement examination, internal-controls assessment, and compliance review conducted in accordance with generally accepted auditing standards (GAAS) and the Single Audit Act where applicable.

Qualified independent auditors must demonstrate experience with educational institutions and professional capability to complete the engagement within state and federal reporting timeframes. The contract covers the 2026 fiscal year audit cycle, with site visits and entrance conferences to be scheduled with entity officials to establish audit scope and expectations.

Pricing shall be submitted on a fixed-fee or time-and-materials basis as specified in the RFP instructions. Cost proposals will be evaluated alongside technical qualifications and experience. The successful contractor must maintain professional liability insurance, comply with audit independence standards, and deliver audits meeting Texas Administrative Code requirements and applicable federal audit standards.

The engagement may include provisions for additional services or expanded scope work identified during the audit process. Texas procurement regulations may establish preferences or diversity set-asides for which qualifying firms are eligible. The contract is potentially renewable for subsequent fiscal years based on performance and mutual agreement.