Inventory Verification and Asset Reconciliation Audit Services
Overview
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
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
RFP Posted: April 14th, 2026
Pre-Proposal Conference and Site Visits: April 20th, 2026
Questions Due: April 24th, 2026
Q&A Posted: April 27th, 2026
Proposal Due By: May 12th, 2026
QUESTION DEADLINE
Issuing Agency
Memphis Area Transit Authority
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
A government authority in Memphis, Tennessee is seeking vendors to provide inventory verification and asset reconciliation audit services. The scope of work includes reviewing planning and control processes, assessing internal controls related to inventory management, conducting a comprehensive wall-to-wall physical inventory verification, and asset verification for selected capital assets.
The vendor will be responsible for performing reconciliations and financial tie-outs, providing recommendations for process improvement, and preparing variance reports with root cause analysis. All questions regarding the solicitation must be submitted by April 24, 2026.
A pre-proposal conference and site visits will be held on April 20, 2026 to allow interested vendors to familiarize themselves with the project's requirements and environment.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.