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This Solicitation opportunity from New York was posted on May 15, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Information Technology Audit: Review and Evaluate Information Security Risk Assessment

Closed
2110071State & Local

Contract Overview

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The New York State Teachers Retirement System (NYSTRS) is seeking proposals from qualified firms to provide co-sourcing services for Information Technology audits, with an initial focus on reviewing and evaluating the organization’s Information Security Risk Assessment conducted using the NIST Cybersecurity Framework. The engagement aims to foster knowledge sharing between internal audit staff and industry experts, enhancing internal capabilities. The contract will be awarded to the highest-scoring responsible bidder and is set to commence upon contract signing, concluding by November 15, 2024, with a potential for four renewal options extending the engagement. The procurement process is managed through Bonfire Interactive, requiring all bidders to register online to access solicitation documents and submit responses electronically by June 13, 2024. The contract is valued between $50,000 and $150,000 and will be performed in Albany, New York, over a one-year period. This solicitation emphasizes the importance of a competitive, transparent process, with bidders responsible for timely electronic submission and clarifications handled exclusively through the Bonfire portal. The project does not include a service-disabled veteran-owned set-aside, and there have been no recent awards of similar contracts to the same entities within the past five years. The scope of work and evaluation criteria are designed to identify a capable partner to support NYSTRS’s cybersecurity and IT audit objectives, ensuring the organization’s security posture aligns with industry standards and best practices.

General Info

Agency

New York State Teachers Retirement System

Place of Performance

NY, USA

Set-Aside

NONE

Documents

0

No documents available

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyNew York State Teachers Retirement System
ContactsNo contacts available
OfficeN/A
Organization / Agency
New York State Teachers Retirement System
Office AddressN/A
ContactsNo contact information available

Full Description

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NYSTRS Internal Audit Department is seeking proposals from qualified firms (“Bidders”) for services related to a co-sourcing arrangement to assist with Information Technology audits. The first-year engagement will be to review and evaluate the organization’s Information Security Risk Assessment that was completed using the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF). The co-sourcing arrangement will help to promote an environment of knowledge sharing with the dedicated Internal Audit Department personnel. Internal staff are expected to gain experience alongside industry experts. NYSTRS intends to make a single award to the highest-scored responsive and responsible Bidder, as determined by the evaluation process (the “Contractor”). The initial contract term shall commence upon contract execution and be completed by November 15, 2024.  NYSTRS has partnered with Bonfire Interactive to manage its solicitations.  This allows bidders to electronically submit bids through a portal on NYSTRS website.  Please note: Registration on Bonfire is mandatory to participate in NYSTRS formal competitive procurements. Solicitation documents will only be available in Bonfire, and all bids must be submitted through Bonfire. Registration is free and easy. Visit https://nystrs.bonfirehub.com/ and follow the link to the Bonfire vendor registration page to register your company. Registered vendors will be alerted to upcoming solicitations based on the selected Vendor Type and/or NAICS code(s). After registering, bidders may navigate to the Open Public Opportunities tab to view NYSTRS procurement opportunities. Bidders are solely responsible for the electronic submittal of their response and NYSTRS is not responsible for any transmission errors or delays. All questions and requests for clarification must be submitted via the portal during the “Question” period. No exceptions. Service-Disabled Veteran-Owned Set Aside: No Due date:06/13/2024 11:00 AM Contract term: One year, with 4 renewal options County(ies): Albany Location: Albany NY Business entities awarded an identical or substantially similar procurement contract within the past five years: None

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