RFP 2019-04 Financial Statement Audit

This contract awards a one‑year financial‑statement audit of Covered California, performed in accordance with GAGAS (Yellow Book) and GAAP, and includes internal‑control testing, compliance verification, and follow‑up on prior findings. The selected CPA firm must be licensed in California, have at least five years of GAGAS audit experience, and meet insurance and corporate‑good‑standing requirements. The award is a firm‑fixed‑price contract with a maximum ceiling of $525,000, invoiced quarterly, and the work may be extended for up to two additional one‑year terms. • Perform an annual independent external audit of Covered California’s financial statements. • Conduct programmatic compliance testing per federal regulations (45 CFR Part 155, 2 CFR § 200.514) and deliver required data‑collection forms to HHS. • Provide written audit reports, management letters, and quarterly status updates, with strict deliverable acceptance procedures.