Arkansas Department of Transformation and Shared Services

The buyer seeks a qualified accounting firm to examine their cost allocation plan and provide financial auditing and consulting services. The contractor will assess compliance with federal regulations, test controls, and make recommendations. The examination will be conducted according to AICPA standards and focus on the agency's cost allocation methodology.

• 2/11/2025 - RFQ Release Date
• 2/17/2025 - Question Deadline
• 2/19/2025 - Answers Posted
• 3/13/2025 - Proposal Due Date
• 5/1/2025 - Anticipated Contract Start

• Minimum 10 years experience providing similar services
• Extensive experience with Uniform Guidance and related audit procedures
• Minimum 10 years performing audits per AICPA standards
• Minimum 10 years experience in government cost accounting and related skills
• Provided similar services to at least 3 organizations

• Examine agency's cost allocation plan
• Express opinion on compliance with 2 CFR Part 200 and SWCAP
• Ascertain if fund balances comply with cost principles
• Test controls for consistent billing and exclusion of unallowable costs
• Make recommendations on controls and calculation methodologies
• Conduct examination in accordance with AICPA standards
• Provide financial auditing services
• Provide consulting services