When is the submission deadline?

This RFP closed on April 24, 2026 and is no longer accepting submissions.

What is the budget for this RFP?

Settle estimates the budget at $100,000 – $300,000. The issuer has not published an official figure.

It was issued by Commonwealth Of Kentucky, Education And Labor Cabinet, Kentucky Commission On Proprietary Education. The work is located in Frankfort, Kentucky, United States.

Who is a good fit for this opportunity?

Certified public accounting firm with experience in governmental audits. Strong knowledge of public sector financial reporting standards. Proven track record in completing multi-year public audit contracts. Experience working with agencies in Kentucky or similar jurisdictions.

Annual Audit Services (Closed)

The Commission in Frankfort, Kentucky seeks a firm for two-year annual audit services covering fiscal years 2026 and 2027.

Maintain required licensure as a Certified Public Accountant (CPA) in good standing
Provide a copy of current firm and/or individual auditor licenses
Submit a five-year company background and history, including resumes for all personnel
Provide a detailed statement of up to three relevant experiences from the last 5 years
Document firm's capabilities for accurate fund information reporting and audit methodology
Provide work examples performed for a state government, including references
Document firm's capabilities for prompt fund information reporting and meeting required dates
Proposals must be for a two-year contract
Submit cost only on the attached Cost Proposal Form
Submit Technical Proposal, Cost Proposal, and Proprietary Information as separate electronic documents
Technical Proposal must be a single document (Word, Excel, or PDF) without embedded documents or hyperlinks
Cost Proposal must be a single document (Word, Excel, or PDF) without embedded documents or hyperlinks
Proprietary Information must be a single document (Word, Excel, or PDF) without embedded documents or hyperlinks
Do not include pricing information in the Technical Proposal
Submit a Transmittal Letter on offeror's letterhead, signed by an authorized agent
Include a statement in the Transmittal Letter regarding deviations, if applicable
Include a statement in the Transmittal Letter regarding proprietary information, if applicable
Include a statement in the Transmittal Letter of compliance with the Kentucky Civil Rights Act
Include a sworn statement in the Transmittal Letter of no knowing violation of the Executive Branch Code of Ethics
Include a statement in the Transmittal Letter certifying independent price without collusion
Include a statement in the Transmittal Letter affirming proper authorization to conduct business in Kentucky
Provide contact information for day-to-day operations in the Transmittal Letter
Provide subcontractor information, if applicable, in the Transmittal Letter
Provide foreign entity's organization number, if applicable, in the Transmittal Letter
Complete and sign the Solicitation form, including vendor and payment boxes, ownership type, FEIN, and date
Submit a signed and notarized Required Affidavit for Bidders or Offerors
Submit a signed and notarized Required Affidavit for Bidders, Offerors and Contractors Claiming Resident Bidder Status, if applicable
Submit a signed and notarized Required Affidavit for Bidders, Offerors and Contractors Claiming Qualified Bidder Status, if applicable
Provide proof of all required insurances prior to award
Maintain Commercial General Liability Insurance with minimum limits of $1,000,000 per occurrence and $2,000,000 aggregate
Maintain Professional Liability Insurance with a minimum limit of $1,000,000 per claim
Provide evidence of insurance coverage
Insurer must have an AM Best rating of B+ or higher
List 'Commonwealth Of Kentucky, Kentucky Education And Labor Cabinet' as the certificate holder
Endorsement of Additional Insured must contain specific language
Comply with KRS 45A.485 regarding tax and employment laws and disclose any violations
Comply with Nondiscrimination requirements (KRS 45.560 to 45.640)
Comply with Lobbying Prohibitions (KRS 11A.236, KRS 45A.328)
Adhere to CIO-126 Artificial Intelligence Policy, including disclosure of AI use

$100,000 – $300,000

Release of RFP: March 19th, 2026

Written Questions due by: April 2nd, 2026

Anticipated Commonwealth Response to Written Questions: April 11th, 2026

Proposals Due by: April 24th, 2026

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

The government authority in Frankfort, Kentucky is seeking a vendor to provide comprehensive annual audit services. The selected firm will perform an audit of the Commission’s finances for the fiscal years beginning July 1, 2025 through June 30, 2026, as well as from July 1, 2026 through June 30, 2027.

The audits for FY2026 and FY2027 are to be conducted and completed within 90 days following the end of FY2027, which concludes on June 30, 2027. The engagement is expected to cover a two-year contract period. Prospective vendors must submit any questions regarding the RFP by April 2, 2026.

Annual Audit Services

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