Cost-Match Verification & Financial Compliance Services

The contract involves third-party verification of the mandatory 1:1 non-state cost match required for state grant compliance, ensuring that all matching funds are accurately documented, properly sourced, and fully attributable to the sponsored program. This includes comprehensive audit support to validate expenditures, trace financial transactions, and confirm adherence to federal and state guidelines, with a strict emphasis on GAAP-compliant documentation to satisfy reporting and accountability standards. The provider must demonstrate expertise in financial compliance, cost allocation methodologies, and grant audit procedures to deliver reliable, defensible verification results. Performance of this subcontract is required at the North Drive location in Westborough, Massachusetts, with a response deadline of August 18, 2026. The NAICS code 541211 indicates the work falls under accounting, auditing, and bookkeeping services, under the oversight of the Massachusetts Technology Collaborative. The subcontractor is expected to deliver detailed, transparent reports that substantiate the validity of non-state matching contributions, with no ambiguity in sourcing or timing of funds, and must be prepared to engage in follow-up reviews or audits for continued compliance. The agency’s commitment to strict financial accountability underscores the need for precision, integrity, and documented trail of all cost-match activities.