Internal Control Review and Risk Assessment

The Internal Control Review and Risk Assessment is a small business set-aside subcontract issued by the Department of the Interior's Indian Education Acquisition Office. The primary objective is to evaluate the internal financial controls of prime contractors working on Bureau of Indian Education projects, specifically focusing on transaction authorization, reconciliation processes, and the segregation of duties using COSO frameworks. The scope includes analyzing property and grant accounting controls and categorizing identified findings by their respective risk levels. To successfully execute this contract, the provider must possess a deep understanding of Federal accounting requirements and DOI/BIE internal policies. The final deliverables for this engagement consist of a comprehensive Internal-Control Observation Report and a detailed Corrective Action Matrix. Interested parties must submit their responses by October 27, 2026.