Colorado Office of the State Auditor

Buyer is seeking a qualified organization to conduct a financial and compliance audit of the Colorado School of Mines for the fiscal year ending June 30, 2025. The audit includes the basic financial statements, federal grant programs, and NCAA agreed-upon procedures. The contractor will issue independent auditors' reports, prepare findings and recommendations, and testify before the Legislative Audit Committee. The work must be performed in accordance with generally accepted auditing standards and applicable laws and regulations.

• 2/28/2025 - Prospective bidders' inquiry deadline
• 3/13/2025 - OSA response to inquiries deadline
• 3/27/2025 - Proposal Due Date
• 4/10/2025 - Approximate bid selection date
• 4/17/2025 - Approximate contract date

• Be a properly licensed certified public accounting firm authorized to practice in Colorado
• Have participated in a quality control review within the past 3 years
• Not have any past history of substandard work
• Be independent for this audit engagement

• Audit basic financial statements for fiscal year ending June 30, 2025
• Audit federal grant programs under Single Audit Act
• Review compliance with state and federal laws and regulations
• Evaluate progress in implementing prior audit recommendations
• Prepare report comments and management letter with audit findings
• Perform NCAA agreed-upon procedures for Division II Intercollegiate Athletics Program
• Issue independent auditors' reports on financial statements and internal controls
• Submit attestation memos to support statewide financial statements audit
• Deliver oral presentations to School's Finance and Audit Committee
• Testify before Legislative Audit Committee