Financial Services Consulting RFP - T00R6601630

The Maryland Department of Commerce is seeking a financial services consultant to review its current financial processes and make recommendations for ensuring financial services are aligned with the department's strategic direction. The consultant will perform a fiscal controls audit, review the budget planning process, and make recommendations for improvement. The consultant will also review the financial reporting process and make recommendations for improvement. The contract will be awarded to EY, as the RFP is directly solicited solely to EY. • The contractor must comply with the State's Artificial Intelligence AI Policies and Guidance. • The contractor must comply with the State's Prohibited Technologies Policy. • The contractor must perform a fiscal controls audit and make recommendations for improvement. • The contractor must review the budget planning process and make recommendations for improvement. • The contractor must review the financial reporting process and make recommendations for improvement. • The contractor must provide a draft and final report for each step of the process.