45 CFR 155 Programmatic and Financial Audits

The Department of Vermont Health Access is seeking an independent CPA firm to conduct programmatic and financial audits for the Vermont Health Connect State Based Exchange for State Fiscal Year 2026 through SFY 2030. The selected contractor will be responsible for evaluating compliance with 45 CFR 155, focusing on financial reporting, control frameworks, monitoring activities such as Advanced Premium Tax Credits, and eligibility procedures. Audits must be performed in accordance with AICPA attestation standards and Generally Accepted Government Auditing Standards (GAGAS), resulting in an annual Financial Statement Audit Report and a Programmatic Compliance Audit Report due to the U.S. Department of Health and Human Services by June 1 each year. The contract is structured for an initial two-year term starting November 1, 2026, with options for two additional one-year renewals. Payment terms are Net 30 days upon receipt of detailed, error-free invoices, and the release of funds is contingent upon the submission of a current W-9 and a certificate of insurance. Bidders must submit a technical response, price schedule, and a signed Certificate of Compliance by October 9, 2026. Award preference is given to resident bidders and those promoting clean energy. The contract includes strict requirements regarding organizational conflicts of interest, non-discrimination, and the proper classification of workers.