FY27 Self Insured Audit (2)

The Maryland Workers Compensation Commission is soliciting audit services under solicitation WCCB7600008 to verify the validity and accuracy of claim payments, case reserve estimates, and reporting submitted by selected self-insured employers on the IC-1 Annual Information Report. The scope of work involves auditing the 2024 IC-1 report, including data from 2022 to 2024, through the review of claim files, payroll records, and internal control procedures. Key deliverables include an agreed-upon audit plan, a verification report on the IC-1, an internal control report on the audited administrator, and a compliance report with recommendations for improvement. This is a Small Business Reserve Procurement, and eligibility is strictly limited to Small Business Reserve Master Contractors awarded under the Audit Services Master Contract for Maryland State Agencies (2020-2025). Proposals must be submitted via the eMaryland Marketplace Advantage system by November 18, 2026. Award determination is based on equal merit between technical and financial evaluations, with technical criteria focusing on the offeror's experience, capabilities, and work plan. Required documentation includes a Conflict of Interest Affidavit, a Non-Disclosure Agreement, and a Maryland Living Wage Affidavit. Invoicing must be submitted to the Task Order Manager by the 10th of each month and must include specific labor category and personnel details.