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  4. ›RFP for Dept. of Labor and Employment FY26 financial audit

Colorado Office of the State Auditor·Colorado

RFP for Dept. of Labor and Employment FY26 financial audit

Closes 3/5/2026$100k – $400kRequest for Proposal
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Description

The Colorado Office of the State Auditor is soliciting proposals from qualified organizations to conduct a financial and compliance audit of the Colorado Department of Labor and Employment for the fiscal year ending June 30, 2026. The audit will be performed in accordance with generally accepted auditing standards and will include an examination of the Department's financial statements, internal controls, and compliance with state and federal laws and regulations. The successful bidder will be awarded a one-year contract with the option to renew for up to four additional years. Some key milestones and deadlines include: * Audit work to be performed for the fiscal year ending June 30, 2026, consists of an audit of the Department's financial statements, internal controls, and compliance with state and federal laws and regulations. * The general controls testing over the key information technology systems, and corresponding draft report findings and recommendations, must be completed by June 30, 2026. * All non-IT internal controls and compliance audit work, and corresponding draft report findings and recommendations, must be completed by June 30, 2026. * The Department's revenue testing, including TABOR revenue testing, must be completed by August 21, 2026. * The Department's prior year's audit recommendations, if applicable, must be tested and auditor's dispositions determined by September 11, 2026. * Proposed audit adjustments and their effect on the Department's financial information should be provided to the State Auditor by October 9, 2026. * Final audit findings and recommendations in the prescribed State Auditor format along with written responses must be submitted by October 30, 2026.

Attached files

Contact

Ferminia Hebert(Contract Monitor)

[email protected]

Key dates

Opened
1/22/2026
Questions due
2/5/2026
Closes
3/5/2026
Duration
6 months

Last updated

Details

Type
Request for Proposal
Industry
Government
NAICS
541211
Solicitation №
RFP-MDAA-2026000146-1

Budget estimate

$100,000 – $400,000

Based on the information provided, the total contract amount is not specified, but the anticipated fee for the audit of a federal major program for Fiscal Year 2026 is $10,400. The total cost of the audit will depend on the number of professional staff hours required to complete the audit work, the associated hourly rate, and the resulting total cost. Assuming an average hourly rate of $100-200 per hour and an estimated 1,000-2,000 hours of work, the total cost of the audit could be in the range of $100,000 to $400,000. However, this is a rough estimate and the actual cost could be higher or lower, depending on the complexity of the audit and the experience of the audit team.

AI estimate from the solicitation

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