RFP for Dept. of Labor and Employment FY26 financial audit

The Colorado Office of the State Auditor is soliciting proposals from qualified organizations to conduct a financial and compliance audit of the Department of Labor and Employment for the fiscal year ending June 30, 2026. The audit will be performed in accordance with generally accepted auditing standards and will include a review of the Department's internal control structure, compliance with state and federal laws and regulations, and an evaluation of the Department's progress in implementing prior audit recommendations. The successful bidder will be awarded a one-year contract which may be renewed on an annual basis for up to four additional years subject to acceptable performance and costs. • The Department is responsible for managing the State of Colorado's unemployment insurance and family and medical leave insurance programs. • The Department consists of eight divisions, including the Division of Unemployment Insurance, the Division of Employment and Training, and the Division of Labor Standards and Statistics. • The Department's Fiscal Year 2026 appropriations were approximately $496.0 million with 1,753.6 full-time-equivalent staff. • The audit will include a review of the Department's federal grant programs under the federal Single Audit Act. • The audit will also include a review of the Department's compliance with state and federal laws and regulations, State Fiscal Rules, and bond covenants.