Investigate CPAs for violations of the statues & regulations

The Commonwealth of Kentucky, Board of Accountancy, issued a Request for Proposal on July 17, 2020, seeking to procure personal service contract investigative services for two CPA Investigators to conduct investigations of certified public accountants for violations of statutes and administrative regulations governing public accounting practice. The investigators will apply technical accounting standards to assess professional services and work product prepared by CPAs, with particular emphasis on attest engagements, and will present findings through verbal or written reports to the Board while potentially providing testimony at administrative hearings. Required qualifications include maintaining a current Kentucky CPA license, actively practicing public accounting in Kentucky, and Kentucky residency. The evaluation criteria allocate 600 points for previous experience demonstrating extensive public accounting background in attest functions at management or supervisory levels, coupled with knowledge of Generally Accepted Auditing Standards, Generally Accepted Accounting Principles, and federal and state tax law expertise; 90 points for location and availability; 300 points for cost based on hourly rates for services rendered, excluding travel costs; and 10 optional points for oral presentations. Proposals were due by 4:30 PM on July 21, 2020, with no bidder's conference held. The initial contract term runs from July 24, 2020, through June 30, 2022, with the Commonwealth reserving the right to renew for up to two additional two-year periods subject to approval by the Secretary of the Finance and Administration Cabinet and the Legislative Research Commission Government Contract Review Committee.

The RFP does not specify set-asides for disadvantaged enterprises or other restricted categories, nor does it identify incumbent vendors or existing contractors. Bidders must submit six copies each of signed solicitation forms, technical proposals, and cost proposals under separate sealed covers, along with transmittal letters, required affidavits, and proof of Kentucky CPA licensure. The contract is subject to all applicable provisions of Kentucky Revised Statutes 45A and 12.210 and must be approved by the Finance and Administration Cabinet and filed with the Legislative Research Commission before becoming effective. The RFP does not explicitly state a total contract value or budget range, though compensation is structured on an hourly rate basis for investigative services rendered.