Description
The State of Vermont, through the Department of Vermont Health Access, is seeking one or more qualified CPA firms to conduct comprehensive programmatic and financial audits of the Vermont Health Connect marketplace for fiscal years 2026‑2030. Audits must follow GAAP, Government Auditing Standards, and CMS requirements, and must include both financial‑statement verification and compliance assessments with 45 CFR Part 155. Deliverables include a Financial Statement Audit Report due March 27 each year and a Programmatic Compliance Audit Report due May 15 each year, with electronic submission to the DVHA Commissioner’s Office.
• Perform GAAP‑based financial audits of Marketplace receipts and expenditures.
• Conduct 45 CFR 155 programmatic compliance audits, evaluating eligibility determinations, enrollment processes, and sub‑part requirements.
• Provide audit reports on the specified deadlines, maintain NIST‑aligned security controls, and execute a Business Associate Agreement for any PHI handled.
• Must meet additional state‑mandated certifications (worker‑classification, climate‑change, anti‑lobbying, Ukrainian solidarity) if contract value thresholds are exceeded.
• Contract is a 2‑year term (Nov 1 2026 – Oct 31 2028) with up to two optional 12‑month extensions, and payment is made on a net‑30 basis upon receipt of error‑free invoices.