Independent compliance consultant

The South Carolina Department of Administration (Admin) is seeking an independent compliance consultant through a Request for Proposals (RFP) to assess and oversee implementation of recommendations from two financial reviews: the AlixPartners State Treasury Forensic Accounting Review and the Mauldin & Jenkins Operational Performance Assessment of the ACFR Development Process. The selected contractor will be responsible for reviewing financial recommendations, monitoring implementation efforts by the Comptroller General's Office, State Treasurer's Office, and Office of the State Auditor, and providing monthly status reports. Deliverables include comprehensive reports to the South Carolina Joint Bond Review Committee, attendance at public meetings, and potential presentations to the Governor, state legislators, and other government agencies. The RFP requires on-site work at designated state agency offices, with proposals due by April 2, 2025, and a tentative award date of April 15, 2025. The contract will run through June 30, 2029, with potential annual extensions. Evaluation criteria will focus on the respondent's qualifications, experience, ability to accomplish the scope of work, and proposed fee structure.

The procurement does not specify any specific set-aside designations or restrictions for disadvantaged enterprises. The contract is funded through a $1,200,000 appropriation from the South Carolina General Assembly, with potential for additional funding for enhanced services and continued monitoring. The contract is subject to annual appropriations, meaning any extension beyond the current fiscal year depends on legislative funding. No incumbent vendors or existing contractors are mentioned in the documentation. The contract appears to be open to qualified independent compliance consultants with expertise in financial review, forensic accounting, and governmental performance assessment. Potential contractors should have the capability to work closely with multiple state agencies, provide detailed monitoring and reporting, and demonstrate a comprehensive understanding of financial compliance and governmental review processes.