Professional Audit Services

The State of Delaware Office of Auditor of Accounts (AOA) is seeking professional audit services through a Request for Proposal (RFP) for a two-year contract with potential two-year renewal options. The procurement aims to secure certified public accounting firms to conduct comprehensive governmental auditing services, including financial audits, internal control assessments, compliance reviews, performance evaluations, forensic investigations, IT audits, and grant audits for state agencies and affiliated entities. Qualified firms must possess a valid Delaware CPA license, demonstrate expertise in governmental auditing standards, and provide comprehensive audit documentation with strict confidentiality protocols. The evaluation will prioritize technical qualifications over cost, with firms assessed on their professional capabilities, experience, and proposed approach to audit engagements. Key procurement dates include a May 7, 2025 deadline for questions, a June 4, 2025 proposal submission deadline, and an anticipated award notification on July 15, 2025. The contract will be based on actual hours worked, with predetermined hourly rates ranging from $85 for staff to $180 for partner-level work, and the AOA anticipates approximately 3-4 projects per fiscal year.

The RFP does not explicitly specify set-aside designations or restrictions for disadvantaged enterprises. The contract allows for multiple firms to be selected, providing opportunities for various qualified accounting firms. Billing will be calculated based on predetermined hourly rates across different staff levels, with an estimated project volume of 3-4 engagements per fiscal year. While no incumbent vendors are mentioned, the successful firm(s) will be required to maintain professional liability insurance and comply with comprehensive governmental auditing standards. The contract does not specify a fixed total budget, instead structuring compensation around actual hours worked, which suggests flexibility in project scope and potential engagement size. The AOA reserves the right to select multiple firms or reject all proposals, indicating a competitive and comprehensive procurement approach that prioritizes quality and technical expertise over a predetermined vendor selection.