MPA 503 OE Internal/Performance Auditing/Financial Statement Analysis Services

The Rhode Island Division of Purchases is seeking qualified certified public accounting firms to establish a Master Price Agreement for internal and performance auditing, financial statement analysis, and compliance reporting services. This state-level procurement, solicitation number OET25004871, is designed as a Master Qualified Service Provider list where services are delivered on an as-needed basis through individual work orders. The initial contract term begins January 1, 2025, for a period of five years, with options for up to three additional one-year renewals based on funding and performance. Qualified vendors must submit a technical proposal and an MBE Participation Acknowledgment Form via the Ocean State Procures portal. Key requirements include professional liability insurance of 2 million dollars and cyber/privacy liability insurance ranging from 5 million to 10 million dollars depending on the sensitivity of the data accessed. Proposals are evaluated based on vendor expertise, price competitiveness, responsiveness, and availability. All awarded vendors are subject to a 1 percent administrative fee withheld from invoices and must comply with Rhode Island state laws regarding public records, equal opportunity, and affirmative action.