Independent Audit Services

Description of goods to services to be bid: Independent certified public accounting firms to meet NYSERDA’s need for annual audits of NYSERDA’s basic financial statements including the Fiduciary funds and NY Green Bank’s basic financial statements pursuant to generally accepted auditing standards and government auditing standards, along with required reports, for a five year term, as well as further financial reporting services throughout each annual period. If changes are made to this solicitation notification will be posted on NYSERDA’s website at:www.nyserda.ny.gov/funding-opportunities Eligibility/Qualifications Requirements/Preferences: Section 1. Technical Requirements including experience [70 points]: The evaluation criteria to be used to evaluate the Technical Requirements will include: • Firm Qualifications and Technical Capabilities, including financial resources. Describe the firm’s qualifications, technical capabilities, financial resources, and level of experience in conducting successful projects similar to that described in the proposal requirements. Describe the size and ability of the firm’s governmental and capital markets audit staff. • Approach to the specific project (Understanding the scope). Describe the firm’s recommended audit methodology and approach. The methodology and approach should include any efficiencies and economies that can be realized. This section should demonstrate the Proposer’s understanding of NYSERDA’s needs. • Relevant Industry Experience. The firm should add any relevant facts it believes would qualify it for this engagement. Provide three other entities for whom the Proposer has provided services within the last five years that are comparable in size, scope, and complexity with services described in this RFP. • Staffing Qualifications and Experience. The firm should demonstrate that the proposed staff have the knowledge and ability to perform the services described in this RFP• References. The Proposer should provide three references. Each reference should contain the following information: Name of entity, Client Name, phone number, email address, and engagement term. Section 2. Cost [30 points]: The basis for the cost proposal evaluation rankings will be the total price offer received from each proposer. This “Total Price” shall be based on job titles x hourly rates, plus the number of hours estimated to complete the engagement. The total price offers will be ranked with the low bid awarded the maximum of 30 points. The remaining proposals will be assigned scores based on the following formula: Total Fees and Expenses for Lowest Bidder X 30Total Fees and Expenses Proposed by Bidder Business enterprises awarded an identical or substantially similar procurement contract within the past five years: KPMG: Awarded contract #185454 as the successful Proposer to RFP #4732 (Independent Audit Services.) The contract began 6 May 2022 and expires 6 May 2026. Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 6.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 15.00% WBE Goal: 15.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%