Overview


Financial, Legal, HR & Staffing
Little Rock, Arkansas, United StatesPosted about 2 months agoDeadline: April 10th, 2026

Fit Score


Settle Intelligence

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SUMMARY


Three-year contract for financial consulting services in Little Rock, Arkansas, including auditing, reporting, investment management, and quality assurance processes.

KEY REQUIREMENTS


BUDGET

Estimate

$500,000 – $2,000,000

CONTRACT DURATION


84 months

TIMELINE


RFQ Release to Prospective Contractors: March 13, 2026

Deadline for Prospective Contractor Questions: March 19, 2026

Answers to Questions Posted to ARBuy: March 26, 2026

Response Due Date: April 10, 2026 @ 10 am CST

Initial Response Evaluation: April 15, 2026

Interviews: April 21st-23rd, 2026

Final Response Evaluation: April 23, 2026

Discussions Kick Off Meeting: April 30, 2026

Finalize Discussions: May 8, 2026

Post Anticipation to Award: May 12, 2026

Award Contract: July 1, 2026

QUESTION DEADLINE


March 19th, 2026

Issuing Agency


State of Arkansas Department of Shared Administrative Services Office of State Procurement

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The government authority located in Little Rock, Arkansas is seeking a vendor to provide financial consulting services over a three-year contract. The scope of work includes financial auditing services, premium billing, claims administration, payment processing, and managing actuarial data and estimation processes. Vendors will also be responsible for investment management and cash controls, financial reporting, regulatory submissions, as well as overseeing investment portfolios and related income.

Additional services cover management of administrative and operating expense accounts, risk assessment and controls related to the audit process and internal controls, and defining audit methodology. This includes the approach to audits, processes for data collection, and systems used for documenting audit procedures, findings, and evidence. The consultant will be required to develop structured reporting and follow-up processes, including the format of audit reports and post-audit review stages. Quality assurance and review mechanisms must be implemented to ensure accuracy, thoroughness, and compliance, with final review and approval by designated individuals. All questions regarding the RFP must be submitted by March 19, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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