This Solicitation opportunity from Texas was posted on May 22, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Independent Financial Viability Assessment for Compassionate Use Program Providers

Closed

405-26R0019669State & Local

Submission Closed06/12/2026, 11:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541211

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County of Amherst

POSTED

1 day ago

DEADLINE

in 9 days

AI Contract Overview

The Texas Department of Public Safety (DPS) Regulatory Services Division oversees the Texas Compassionate Use Program (TCUP), which licenses dispensing organizations authorized to provide low-THC cannabis to registered patients. Currently, three facilities hold active licenses, while an additional 12 have been granted conditional licenses under the HB46 expansion. These conditional licensees must demonstrate financial stability through a thorough review, showing the ability to sustain operations for a minimum of two years and to commence dispensing within 24 months of license issuance. To facilitate this process, DPS is seeking qualified certified public accounting firms to perform independent financial viability assessments of approximately 40,000 documents submitted by conditional license applicants. These documents include extensive tax and financial statements, balance sheets, Dun & Bradstreet reports, tax compliance records, and additional department-requested materials. The solicitation for these services was issued in May 2026, with proposals due by mid-June, and aims to ensure that all conditional licensees possess the financial capacity to comply with program requirements and support the program’s goals.

General Info

DPS seeks CPAs to assess financial viability of conditional license applicants for low-THC cannabis program.

Agency

Texas → Department of Public Safety

NAICS

541211 - Offices of Certified Public Accountants View NAICS

Place of Performance

TX, US

Set-Aside

NONE

Documents

(9)

Solicitation 405-26R0019669 Mandatory Pricing Schedule

XLSX•mandatory-pricing-schedule

Direct Deposit Authorization Form - Texas Comptroller

PDF•other

ESBD_519834 Information and Certifications Form

PDF•information-and-certifications-form

Vendor Exceptions Form for DPS Standard Terms and Conditions

PDF•vendor-exceptions-form

Application for Texas Identification Number (AP-152)

PDF•application-form

DPS Standard Terms and Conditions Contract Document

PDF•contract-document

Request for Taxpayer Identification Number and Certification W-9

PDF•other

RFQ 405-26R0019669 Independent Financial Viability Assessment

PDF•rfq

DPS Online Bid Room Vendor Exhibit

PDF•special-notice

AI Contract Breakdown

Uniform Contract Format

Timeline

PhaseClosed

PostedMay 22

Solicitation

Response DeadlineJun 12

Deadline has passed

Submission Closed

06/12/2026, 11:00:00 PM UTC

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Organization & Contact Information

AgencyTexas → Department of Public Safety

Contacts1 person available

OfficeTX, US

Organization / Agency

Texas → Department of Public Safety

Office AddressTX, US

Contacts

Daniel Ashby

contact@example.gov

+1 (555) 000-0000

Full Description

The Texas Department of Public Safety (DPS), under the RegulatoryServices Division (RSD), administers the Texas Compassionate Use Program (TCUP)under the authority of the Texas Health and Safety Code,Chapter 487. One responsibility of DPS in TCUP is tomanage the licensing of dispensing organizations (DOs) that dispense low-THCcannabis to patients in the Compassionate Use Registry of Texas. There arecurrently three licensed and operating facilities in Texas. As part of the HB46 expansion, an additional 12 conditional licenses have been awardedconditional license status. As part of the conditional license status, theapplicants will undergo a financial review as part of the due diligence processto ensure they have the financial ability to maintain operations for not lessthan two years and must have the financial ability to stand up operations tobegin dispensing low-THC cannabis no later than 24 months after the date thelicense is issued. The TexasDepartment of Public Safety (DPS) is soliciting a Request for Qualificationsfrom certified public accountant firms qualified and interested in providingfinancial viability assessments of the due diligence documents provided by conditional licensees ofthe TCUP program. EstimatedVolume of Documents to be Reviewed: Approximately 40,000 documents:· Taxes andFinancial Statements = 25K· Financials =4K (Balance sheet, Dun & Bradstreet report, Financial Portfolio)· Taxcompliance = 100 pages· Additionaldocumentation requested by the department =10k