RFP-045-2700000007-1 | Northern KY Convention Center Audit

The Northern KY Convention Center Audit solicitation, identified as RFP-045-2700000007-1, is issued by the Kentucky Auditor of Public Accounts for a financial statement audit to be conducted in accordance with Generally Accepted Accounting Principles (GAAP) and Government Auditing Standards (GAGAS). The audit will assess the financial condition of the Northern Kentucky Convention Center, including internal controls over financial reporting and compliance with applicable state laws such as KRS 45A.695 and KRS 45.453. The contract period is set to begin on September 1, 2026, and end on June 30, 2027, with an option for up to two additional one-year renewals contingent upon approval by the Finance and Administration Cabinet and the Legislative Research Commission’s Government Contract Review Committee. The final audit report must be delivered no later than April 30, 2027, and all engagement documentation, including electronic workpapers, must be retained for six years and submitted to the Auditor of Public Accounts at no additional cost. Proposals must be submitted in three separate hard-copy packages—Technical, Cost, and Proprietary Information—each accompanied by a flash drive in Word, Excel, or PDF format, with no hyperlinks, embedded files, or video content permitted. The technical proposal, which carries the majority of the evaluation weight at 83.3% or 1,000 points, is assessed on audit planning, control testing, evidence documentation, IT system analysis, and reporting methodology. The cost proposal, worth 100 points, is evaluated for reasonableness and completeness, while an optional oral presentation may add another 100 points. The Commonwealth employs a trade-off evaluation method, prioritizing technical merit over cost. Offerors must demonstrate authorization to do business in Kentucky, submit a Certificate of Insurance with the Auditor of Public Accounts listed as an additional insured with an AM Best rating of B+ or higher, and comply with ethical standards, conflict-of-interest prohibitions, and nondiscrimination laws under KRS 45A.607 and KRS 52.010. Travel and expense reimbursement is permissible only with prior written approval. All invoices must use the official state form and be submitted to the designated office in Frankfort, and subcontractor use requires prior written authorization. The contract prohibits supplemental agreements, mandates data security for confidential information, and requires adherence