School Facilities Fund Audit - HB6 2024

This state and local contracting opportunity is a Request for Proposals (RFP) issued by the Commonwealth of Kentucky's Auditor of Public Accounts (APA) for a Personal Service Contract to conduct a specialized audit of school facility project cost estimates identified for potential funding from the Kentucky School Facility Assistance Fund. The audit must be completed by an independent, certified public accounting firm qualified to do business in Kentucky no later than December 16, 2024, with a possible extension to February 17, 2025. The audit will examine each project's scope, cost, and available local resources to determine appropriate state funding, as mandated by 2024 Kentucky House Bill 6. The selected firm will be required to deliver a report on the school facility project cost estimates, including an examination of each project's scope, cost, and available local resources, as well as a letter reporting the audit results. The APA will evaluate proposals based on technical and cost criteria, and may negotiate with the highest ranked offeror to establish a fair and reasonable compensation rate.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. There is no information provided about any incumbent vendors or current contractors, or any existing infrastructure or technology that requires integration. The total dollar amount of awards anticipated to be made from the School Facility Assistance Fund in fiscal year 2025-2026 for relevant projects is approximately $293,391,032, and there are a total of twenty projects submitted by nineteen school districts.