RFQ-BWC250557-LJ Internal Audit/External Quality Assessment

The State of Ohio's Bureau of Workers’ Compensation (BWC) is seeking a consultant to conduct an Internal Audit External Quality Assessment for its Internal Audit Division (IAD). The IAD is tasked with evaluating BWC’s risk management, control, and governance frameworks by assessing its various programs and operations. The findings from these assessments are communicated to BWC Management and the Audit Committee of the Workers’ Compensation Board of Directors to enhance accountability and inform decision-making processes. The consultant will be responsible for delivering a comprehensive External Quality Assessment report, offering actionable recommendations for any identified deficiencies, and holding regular meetings with BWC’s Internal Audit management throughout the assessment process. The work must adhere to the guidelines set by the Institute of Internal Auditors and be completed by June 30, 2025. The contract is expected to start on February 1, 2025, and end on the aforementioned completion date, with services conducted within Ohio. Prospective consultants must provide quotes inclusive of their hourly rates, travel, and expense costs, which the state will not reimburse, along with a State Term Schedule number and a minimum quote validity period of 60 days.