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  5. ›Defined Contribution Plans Audit Services Contract

Maryland Teachers & State Employees Supplemental Retirement Plans·Maryland

Defined Contribution Plans Audit Services Contract

Closes 3/18/2026$200k – $400kRequest for Proposal
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Description

The Maryland State Employees Supplemental Retirement Plans is seeking a contractor to provide audit services for their defined contribution plans. The plans covered include 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 required to perform attestation services, including audit, verification, and reporting, as well as agreed-upon procedures to evaluate the plans' operations and internal control. The contract has a 5-year base period and a firm fixed rate. The proposal submission deadline is March 18, 2026. • The objective of the contract is to procure professional attestation services for the defined contribution plans. • The plans covered include 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 required to perform attestation services, including audit, verification, and reporting, as well as agreed-upon procedures to evaluate the plans' operations and internal control. • The contract has a 5-year base period and a firm fixed rate. • The proposal submission deadline is March 18, 2026.

Attached files

Contact

Damien L. Word(Procurement Officer)

[email protected]

(410) 767-8720

Key dates

Opened
2/25/2026
Questions due
3/12/2026
Pre-bid meeting
3/4/2026
Closes
3/18/2026
Projected award
4/1/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541210
Solicitation №
BPM055584

Budget estimate

$200,000 – $400,000

Based on the project cost class, which is B - $100,000 to $500,000, the budget for this contract is likely to be in the range of $200,000 to $400,000. This estimate is based on the assumption that the contract will require a significant amount of audit and attestation services, which are typically billed at a higher rate. Additionally, the contract has a 5-year base period, which suggests that the budget will be spread out over several years.

AI estimate from the solicitation

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