Risk Assessment and Monitoring Framework Development

The contract titled Risk Assessment and Monitoring Framework Development seeks to establish a comprehensive methodology for evaluating and prioritizing risks associated with subgrantees under the Public Utilities Commission of California. The deliverable includes designing a structured monitoring framework that enables targeted oversight based on risk levels, ensuring efficient allocation of resources and compliance with regulatory standards. The framework must incorporate clear criteria for risk prioritization, define monitoring intensities, and include protocols for ongoing assessment and adjustment to reflect evolving threats or operational changes. Additionally, the contractor is required to produce annual updates to the risk management guide, ensuring it remains current with regulatory expectations, emerging risks, and lessons learned from prior monitoring cycles. The work is classified as a subcontract under NAICS code 541611 and is open for response until September 2, 2026. Performance of the work is expected to support the California Public Utilities Commission’s mandate to maintain accountability and integrity in its subgranting programs, with no set-aside requirements specified. The solicitation was posted on August 6, 2026, and all submissions must be completed by the stated deadline.