Investigate CPAs for violations of the statues & regulations

The Commonwealth of Kentucky, Board of Accountancy is soliciting proposals for a personal service contract to provide investigative services targeting certified public accountants (CPAs) for violations of statutes and administrative regulations governing public accounting practice. This Request for Proposal (RFP) was posted on May 7, 2024, with proposals due by 4:30 PM Eastern Time on May 20, 2024. The selected contractor will conduct comprehensive investigations assessing technical standards, attest engagements, and professional services, and must present findings through verbal or written reports to the Board while potentially testifying at administrative hearings. Mandatory qualifications require the contractor to hold a current Kentucky CPA license, be a Kentucky resident, and actively practice public accounting in Kentucky. Evaluation will be conducted across three components: technical proposal (600 maximum points), cost proposal (350 maximum points), and optional oral presentations or demonstrations (50 maximum points), for a total of 1,000 possible points, with cost scoring based on hourly rates for services excluding travel. The initial contract term is anticipated to run from July 1, 2024, through June 30, 2026, with the Commonwealth retaining 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. No bidders' conference or site visit has been specified, and proposals must be submitted electronically through the Kentucky Vendor Self Service System in three parts: technical proposal, cost proposal, and proprietary information.

The solicitation does not identify specific set-aside designations or restrictions limiting responses to particular types of organizations or disadvantaged enterprises. No incumbent vendors, current contractors, or existing infrastructure requiring integration has been referenced in the available documentation. The Commonwealth has not disclosed a specific funding amount or budget range for this contract opportunity, and the organization reserves the right to negotiate rates, request best and final offers, reject any or all proposals, and conduct discussions with top-ranked vendors prior to award determination.