Indirect Cost Rate Determinations, Financial Reviews, and Audit Support Services

Advertise and Issue RFP: March 19th, 2026

Last Day to Submit Questions Regarding RFP: March 30th, 2026

Final Questions and Answers Released: April 3rd, 2026

Proposal Due Date: April 13th, 2026

Short List Meeting: Week of May 4th, 2026

Oral Interviews: Week of May 18th, 2026

Selection and Notification of Intent to Negotiate: May 22nd, 2026

Agreement Negotiations Complete: June 5th, 2026

Approval of Agreement(s): June 19th, 2026

Notice of Award/Notice to Proceed: June 30th, 2026

The government authority in California is seeking a vendor to provide Indirect Cost Rate (ICR) Determinations, Financial Responsibility Reviews, Financial Audits, and related support services. The selected firm will be responsible for reviewing consultant-submitted final ICR proposals following federal guidelines, conducting tests on claimed costs, supporting documentation, and calculation methodologies, and issuing written reports with findings and final ICR determinations. Technical assistance on ICR matters may also be required for staff support purposes.

The scope includes conducting financial responsibility determinations and system reviews, evaluating financial capacity, administrative and internal control systems, estimating and cost proposal systems, and recordkeeping and documentation systems. The vendor will also conduct cost analysis and financial audits, especially in instances of irregularities, suspected fraud, or mismanagement within contracts. Additionally, the contract covers implementation support related to assessments for the Accounting & Finance Department. The contract will be for a period of three years.