Financial Statements Audit Service

Overview

Financial, Legal, HR & Staffing

Albany, New York, United StatesPosted 2 months agoDeadline: April 13th, 2026

Fit Score

Settle Intelligence

Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.

SUMMARY

The Albany government authority is requesting audit services for its retired employee health benefits trust, covering the fiscal year ending June 30, 2027, with a five-year contract.

KEY REQUIREMENTS

Bidding firm must have at least seven years of experience providing auditing services to Public Employee Retirement Systems (PERS).
The partner assigned to the contract must have at least seven years of experience providing auditing services to PERS.
The awarded contractor shall make the auditor's work papers and communications with NYSTRS available for review by the New York State Department of Financial Services (DFS).
Bidder must be in compliance with all applicable laws, rules, and regulations during contract performance.
Consultant must carry applicable insurance coverage and minimum liability limits as per Appendix D.
Bidder must have legal authority to conduct business in New York State and be appropriately registered.
NYSTRS reserves the right to conduct background checks for any staff assigned to the contract.
Bidders must complete the attached Technology Questionnaire (Exhibit 3) or provide a current SSAE-18 Type II Certification report(s), Consensus Assessments Initiative Questionnaire (CAIQ), or a similar assessment.

BUDGET

Estimate

$5,000,000 – $25,000,000

CONTRACT DURATION

60 months

TIMELINE

RFP Issued: March 2nd, 2026

Last Date for Inquiries: March 16th, 2026

Responses to Inquiries/Clarifications Sent Out: March 30th, 2026

Response Due Date: April 13th, 2026, 1:00 p.m. (ET)

Interview of Semi-finalist(s) by Evaluation Committee: Week of June 22nd, 2026

Interview of Finalist(s) by Audit Committee: Week of September 7th, 2026

NYSTRS Retirement Board Approval: October 29th, 2026

Award: November 3rd, 2026 (on or about)

QUESTION DEADLINE

March 16th, 2026

Issuing Agency

New York State Teachers' Retirement System

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

A government authority in Albany, New York seeks a vendor to provide audit services for the financial statements of its retired employee health benefits trust. The scope includes a full audit for the fiscal year ending June 30, 2027.

The selected vendor will enter into a five-year contract, delivering comprehensive audit services in accordance with applicable standards and regulations.

Source attribution

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