HFA Financial Audit Services

The Maryland Department of Housing and Community Development (DHCD) is requesting proposals for independent financial audit services covering the Community Development Administration (CDA) and Maryland Housing Fund (MHF) under Task Order Request for Proposals S00B6600041, with proposals due August 3, 2026, at 5:00 p.m. through eMaryland Marketplace Advantage (eMMA). A 15 percent Minority Business Enterprise (MBE) participation goal applies with no subgoals or VSBE requirements. Bidders must be Master Contractors on the DGS Audit Services Master Contract and registered in eMMA.

The scope includes annual audits conducted in accordance with Generally Accepted Auditing Standards and Government Auditing Standards for fiscal years 2027 and 2028, with deliverables encompassing audited financial statements for multiple bond programs, independent auditor's reports on compliance and internal control, management letters, Underwriter Inclusion Letters for tax-exempt and taxable bond issuances (estimated six for CDA and twelve for MHF across both years), and consulting services on accounting and auditing matters. A triennial Financing Adjustment Factor (FAF) review as an agreed-upon-procedures engagement is required for the fiscal year ending June 30, 2027. The audit timeline spans April through September each year, with virtual or onsite meetings at the auditor's discretion provided deliverables are met. All services may be performed remotely, with primary administrative performance at 7800 Harkins Road, Lanham, Maryland 20706.

The incumbent is CliftonLarsonAllen, LLP. The current not-to-exceed value is $635,000 over five years; DHCD does not disclose anticipated budgets for future fiscal years. The task order term is two years and six months with a base period ending September 30, 2029. Technical and financial proposals receive equal merit weighting; financial evaluation is based on lowest total evaluated price. Living wage requirements apply under Maryland law. Questions were due July 27, 2026. A pre-proposal conference was held July 14, 2026, with eight vendors attending. Amendment 1 (issued July 28, 2026) corrected references in Section 4.3.3.1 and added Appendix 3 (Labor Category Summary Sheet).