Investigate CPAs for violations of the statues & regulations

This Request for Proposals is issued by the Commonwealth of Kentucky, Board of Accountancy, for a Licensed CPA Investigator personal service contract to be performed within Jefferson County. The procurement seeks a qualified certified public accountant to conduct investigations of certified public accountants for alleged violations of Kentucky statutes and administrative regulations governing public accounting practice. Primary deliverables and objectives include evaluating technical standards applied in attest engagements and professional services, presenting findings in verbal or written reports to the Board, and providing expert testimony at administrative hearings as required. Required qualifications mandate that offerors hold a current Kentucky CPA license, be actively practicing public accounting in Kentucky, and be Kentucky residents. The evaluation criteria allocate 600 points for previous experience including extensive public accounting experience in attest functions, management-level experience, and comprehensive knowledge of Generally Accepted Auditing Standards and tax laws; 90 points for location and availability to meet with the Executive Director and Board in Louisville; 300 points for cost based on hourly rate with travel costs excluded; and 10 optional points for oral presentation. The RFP was issued on August 20, 2021, with proposals due by 4:30 PM Eastern Time on September 3, 2021, with no bidders' conference scheduled. Proposals must be submitted to the Board of Accountancy at 332 W Broadway, #310, Louisville, Kentucky 40202.

The contract includes set-aside designations prioritizing Kentucky resident bidders and qualified bidders through reciprocal preferences. The initial contract term is anticipated to run from September 17, 2021, 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's Government Contract Review Committee. The Commonwealth will award the contract to the highest-scoring qualified proposal and reserves the right to negotiate fair and reasonable compensation based on submitted pricing. No specific budget range or award value is stated in the RFP; compensation will be determined through evaluation of submitted hourly rates and negotiation. The contract is subject to approval by the Finance and Administration Cabinet and filing with the Legislative Research Commission before becoming effective, and no work may commence until execution is complete.