RFP 2022-03 Financial Statement Audit

This contract awards a single‑source financial‑statement audit (including required single‑audit compliance work) for Covered California’s FY 2021‑2022 fiscal year. The contractor must perform a GAGAS‑compliant audit, assess internal controls over federal awards, and deliver all required audit reports and data‑collection forms. The maximum contract value is capped at $150,000 for the initial one‑year term, with the possibility of two additional one‑year extensions. Eligibility is limited to California‑licensed CPA audit firms with at least five years of GAGAS audit experience, and the awardee must provide the stipulated insurance coverage. Preference points are available for small‑business and DVBE qualifications, though the contract was not set‑aside. The work is to be performed remotely where possible, and no work may commence until a fully executed contract is in place. • Scope: Full financial‑statement audit + single‑audit compliance for FY 2021‑2022. • Budget: Maximum $150,000 (FY 2022‑23); prior‑year fee was $85,000. • Term: 1 Nov 2022 – 31 Oct 2023, with up to two one‑year extensions. • Vendor: Macias Gini & O’Connell LLP (CPA audit firm).