Description
California Department of Veterans Affairs (CalVet) is seeking a qualified firm to provide comprehensive financial auditing services for its Home Loans Division over a three‑year period. The work includes performing GAAS‑compliant audits of multiple CalVet funds, delivering consolidated audit reports, management letters, and optional special‑project attest engagements, while meeting strict licensing, insurance, and certification requirements. Preference points are available for Disabled Veteran Business Enterprises (DVBE) and certified small/micro businesses, but participation is not mandatory. Bids must be submitted electronically by the stated deadline, and the contract will run from May 1 2026 through February 28 2029.
• Perform GAAS and GASB‑compliant audits of four CalVet funds each fiscal year and issue consolidated reports by October 1.
• Provide annual management letters by October 31 and retain audit records for three years.
• Meet extensive compliance certifications (DVBE, CUF, Darfur Act, California Civil Rights, CCC‑4/2017, insurance minimums, etc.).
• Optional special‑project/attest services may be added with prior written agreement.
• Evaluation based on lowest responsible price after applying DVBE and small‑business incentives; award anticipated April 13 2026.