Description
The Maryland State Employees Supplemental Retirement Plans is seeking a contractor to provide audit services for their defined contribution plans, including the 457(b) Deferred Compensation Plan, 401(k) Savings & Investment Plan, 403(b) Tax Sheltered Annuity Plan, and 401(a) Match Plan. The contractor will be responsible for performing audits, verifying and reporting on the plans, and issuing a combined financial statement and opinion. The contract will be for a 5-year period, with a tentative start date of January 2026. The contractor must meet certain qualifications, including experience with audit services and compliance with federal, state, and local laws.
• The contractor must perform audits and agreed-upon procedures for each contract year.
• The contractor must assist with the preparation of the Annual Comprehensive Financial Report.
• The contractor must comply with federal, state, and local laws, including non-discrimination in employment.
• The contractor must meet the requirements for Minority Business Enterprises (MBEs) and Veteran Small Business Enterprises (VSBEs).
• The contractor must submit a technical proposal and a financial proposal, which will be evaluated based on technical merit and cost-effectiveness.