CRSB02-26 - Program Fund External Auditing Service

The CalSavers Retirement Savings Program is seeking an independent certified public accountant to provide external audit services for its Program Fund covering fiscal years ending June 30, 2026 through 2028, with a potential one-year extension. The solicitation, identified as CRSB02-26 and assigned solicitation number 0000039670, was posted on June 26, 2026, with proposals due by July 23, 2026. Offers must be submitted as a hard copy package containing one original and three printed copies along with an unsecured electronic version on a thumb drive or disc; submissions via email, fax, or the online portal are prohibited. The contract is classified under NAICS code 541211 and falls under the State and Local Government (SLED) category, managed by the CalSavers Retirement Savings Board within the California Department of General Services. Performance will occur primarily at the contractor’s California-based office or at 915 Capitol Mall, Sacramento, with all key personnel required to maintain physical presence in the state. The scope of work mandates annual audits adhering to Generally Accepted Auditing Standards, Generally Accepted Accounting Principles, and California State Board of Accountancy Rule 58.1, culminating in audited financial statements and opinions on internal controls. Proposals will be evaluated using a trade-off approach based on three factors: Qualifications and Experience of the Firm (35 points), Qualifications and Experience of Key Personnel (35 points), and Cost Proposal (30 points), with a total of 100 points possible. Non-cost factors are rated using an adjectival scale ranging from Exceptional to Inadequate, while cost is assessed in relation to the lowest bid and used as a tiebreaker. The estimated contract value ranges from $150,000 to $225,000, including optional extensions. Contractors must submit comprehensive documentation including resumes of key personnel, a detailed cost proposal, references, certifications of minimum qualifications, and mandatory forms such as the Payee Data Record (STD. 204), Darfur Contracting Act Certification, California Civil Rights Laws Certification, and a Generative AI Notification if applicable. Key personnel substitutions require prior written approval, and any change in ownership or business structure must be disclosed within five days. Subcontracting is prohibited without prior State consent, and contractors must maintain liability and workers’ compensation insurance.