RFP-171-260000001881-2 | Unclaimed Property Audit Services

The State of Michigan, through the Department of Technology, Management, and Budget, is soliciting proposals for Unclaimed Property Audit Services under RFP-171-260000001881-2, with a response deadline of August 6, 2026. The contract, set to commence on October 1, 2027, and expire on September 30, 2032, requires the contractor to perform comprehensive audits of unclaimed property in accordance with the Michigan Unclaimed Property Act and nationally accepted NAUPA electronic reporting standards. Work must be delivered in compliance with generally accepted auditing standards, Michigan’s Digital Accessibility Standards, and state data privacy laws, including secure handling and disposal of sensitive information under the Michigan Identity Theft Protection Act and IRS Publication 1075. All deliverables, including NAUPA-formatted filings and detailed valuation reports, must be submitted electronically and accepted by the State within 30 days, with corrections required at the contractor’s expense if rejected. The contractor is obligated to maintain full audit readiness, provide annual SOC 2 Type 2 reports at no cost, and adhere to strict data security, confidentiality, and confidentiality agreement requirements, including signing Form 3337 prior to accessing State data. The solicitation emphasizes a best-value award approach, not price-driven, with a 100-point weighted evaluation: 60% for technical approach under Sections 1–11 of Schedule A and Key Personnel Attachment, 25% for responsiveness and clarity in the Vendor Questions Worksheet, and 15% for Sections 12–19 of the Statement of Work. Proposals must include a detailed Key Personnel table with nine specified data elements per individual, an organizational chart identifying all staff and subcontractors, comprehensive subcontractor disclosures, and a fully completed pricing schedule in Excel format. Insurance requirements mandate $3 million in professional liability, $1 million in cyber liability with the State as loss payee, and $1 million in crime insurance. The State retains sole ownership of all intellectual property produced under the contract as a work made for hire, and the contractor must transition services smoothly within 365 days of termination, ensuring knowledge transfer and data handover. Personnel must comply with physical and IT security protocols, wear State-issued ID on-site, and operate as independent contractors without State employment benefits. Proposals are only valid if submitted electronically through the SIGMAVSS portal before the deadline, using mod