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Audit Support Services


District Of Columbia, United States
Government : Federal
RFI
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SOURCES SOUGHT ANNOUNCEMENT

The Millennium Challenge Corporation (MCC) is seeking sources for an independent public accounting firm for reviewing and providing recommendations to improve the audit guidelines and ensure compliance and gain an understanding of the agency, accountable entities, and audit environment through discussions with appropriate MCC staff and review of readily available documentation.


CONTRACTING OFFICE ADDRESS:


1099 Fourteenth Street, N.W., Suite 700
Washington D.C., 20005


INTRODUCTION:


This is a SOURCES SOUGHT TECHNICAL DESCRIPTION to conduct market research and determine the availability and technical capability of small businesses (including the following subsets, Small Disadvantaged Businesses, HUBZone Firms; Certified 8(a), Service-Disabled Veteran-Owned Small Businesses and Woman Owned Small Business) and large firms to provide the required products and/or services.


The Millennium Challenge Corporation is seeking information from potential sources for
Contractor support with breadth and depth of expertise in all aspects of audit support services to include:


DISCLAIMER:

THIS SOURCES SOUGHT IS FOR INFORMATIONAL PURPOSES ONLY. THIS IS NOT A REQUEST FOR PROPOSAL. IT DOES NOT CONSTITUTE A SOLICITATION AND SHALL NOT BE CONSTRUED AS A COMMITMENT BY THE GOVERNMENT. RESPONSES IN ANY FORM ARE NOT OFFERS AND THE GOVERNMENT IS UNDER NO OBLIGATION TO AWARD A CONTRACT AS A RESULT OF THIS ANNOUNCEMENT. NO FUNDS ARE AVAILABLE TO PAY FOR PREPARATION OF RESPONSES TO THIS ANNOUNCEMENT. ANY INFORMATION SUBMITTED BY RESPONDENTS TO THIS TECHNICAL DESCRIPTION IS STRICTLY VOLUNTARY.


CONTRACT/PROGRAM BACKGROUND:


Created in 2004, the Millennium Challenge Corporation (MCC) is an independent U.S. foreign aid agency committed to supporting the United National Millennium Development Goals by reducing poverty through economic growth. MCC's cornerstone initiatives are executed through compact and threshold programs in ~ 46 countries and supported by a budget of $1.1 billion.


MCC assumed the United States Agency for International Development (USAID) Office of Inspector General (OIG) responsibilities to perform the audit oversight functions. The function within the agency will be recognized as the Accountable Entity (AE) Oversight Program. MCC is now responsible for the following:


• Issuing guidance to AEs regarding the scope of external financial audits performed by local IPA (to replace the prior guidance from the OIG-Guidelines for Financial Audits Contracted by the Millennium Challenge Corporation's Accountable Entities [issued August 7, 2013]).
• Assuring compliance with MCC's audit guidelines, and as such will:
o Review and approve IPA audit planning documents.
o Review and approve the draft and final accountable entity external financial audit reports.
o Provide technical guidance to IPAs.
o Transmit final accountable entity external financial audit reports to OIG.
• Ensuring appropriate vetting of independent audit firms to be contracted by AEs to perform their external financial audits to include addressing auditor qualifications within the procurement process, and potentially issuing an approved auditors list based on that vetting.


The following tasks will be included in this contract:


• Assistance Revising MCC Audit Guidelines - The contractor shall assist MCC in revising the Guidelines for Financial Audits Contracted by the Millennium Challenge Corporation's Accountable Entities, issued August 7, 2013 (MCC Audit Guidelines or Guidelines). The contractor will provide expert advice and recommendations to improve the Guidelines and ensure compliance with current audit standards. MCC expects the contractor to review and analyze the current Guidelines and gain an understanding of the agency, AEs, and audit environment through discussion with the appropriate MCC staff and review of readily available documentation.


• Assistance Updating the MCC AE Audit Review Checklist - The contractor shall revise the MCC's AE Audit Review Checklist to ensure compliance with applicable government audit standards and changes to the MCC Audit Guidelines. The checklist is used to review draft and final audit reports, along with other deliverables including AE audit planning documents. The checklist focuses on compliance with Generally Accepted Government Auditing Standards (GAGAS) reporting requirements and MCC Audit Guidelines.


• AE Audit Deliverable Reviews - On an annual basis, MCC expects approximately 20-25 audit cycles encompassing an audit planning document, draft report, and final report. Each Compact and Threshold Program is required to complete at least one audit cycle on an annual basis, and semi-annual audits are required for younger compacts. Additionally, covered provider audits may be required based on MCC Audit Guidelines.
The contractor will review AE audit planning documents, and draft and final Audit Reports as received by MCC. The contractor will utilize the checklist developed in the previous section to complete the deliverable review. As part of the final Audit Report review, the contractor shall develop a memorandum discussing a recommendation of compliance related to the GAGAS and MCC Audit Guidelines. The format and structure of the memorandum will be mutually agreed upon by the contractor and MCC prior to the first AE Audit Report review.


• Vetting of Independent Public Accountant Firms - The scope of this task will include travel to countries and regions where new compact and threshold programs were recently signed or current AEs who are seeking a new IPA, and interview/meet with potential IPAs to assess capabilities and qualifications. The outcome will be a recommendation list of eligible IPAs, support for this determination, and reasons why ineligible IPAs were excluded from the listing. MCC will approve the final listing based on this determination and discussion with the contractor. The contractor must have past experience and qualifications conducting international site visits as part of a government Federal audits and/or review engagements.


In order to complete this tasks, MCC requires an Independent Public Accountant (IPA) firm with an active Certified Public Accountant (CPA) certification approved by the American Institute of Certified Public Accountants (AICPA). The firm must exhibit past experience and qualifications completing GAGAS audit and/or attestation engagements within the United States and internationally due to the complex nature of the compact and threshold audit environment. The firm must also demonstrate knowledge and experience in the Federal government environment including conducting financial statement audits, developing and revising Federal government audit entity guidelines (i.e., OIG, GAO, internal audit, etc.), completing quality control programs, and performing quality control and/or peer reviews utilizing relevant AICPA, CIGIE, GAO, and OMB guidance and standards
The anticipated North American Industry Classification System Code (NAICS) for this requirement is 541219, with the corresponding size standard of $20.5 Million. This Sources Sought Synopsis is requesting responses to the following criteria from large and small firms that can provide the required services under the NAICS Code.
To assist MCC in making a determination regarding the level of participation by small business in any subsequent procurement that may result from this Sources Sought, you are also encouraged to provide information regarding your plans to use joint venturing (JV) or partnering to meet each of the requirements areas contained herein. This includes responses from qualified and capable Small Businesses, Small Disadvantaged Businesses, Service Disabled-Veteran Owned Small Businesses, Women-owned Small Businesses, HUBZone Small Businesses, and 8(a) companies. You should provide information on how you would envision your company's areas of expertise and those of any proposed JV/partner would be combined to meet the specific requirements contained in this announcement.


In order to make a determination for a small business set-aside, two or more qualified and capable small businesses must submit responses that demonstrate their qualifications. Responses must demonstrate the company's ability to perform in accordance with the Limitations on Subcontracting clause (FAR 52.219-14).
SUBMISSION DETAILS:


Responses must include:
1) Business name and address;
2) Name of company representative and their business title;
3) Type of Business;
4) Cage Code;
5) Contract vehicles that would be available to the Government for the procurement of the product and service, to include ENCORE II, General Service Administration (GSA), GSA MOBIS, NIH, NASA SEWP, Federal Supply Schedules (FSS), or any other Government Agency contract vehicle. (This information is for market research only and does not preclude your company from responding to this notice.)
6) Tailored capability statement addressing the particulars of this effort, with appropriate documentation supporting claims of organizational and staff capability. If significant subcontracting or teaming is anticipated in order to deliver technical capability, organizations should address the administrative and management structure of such arrangements.


Vendors who wish to respond to this sources sought should send responses via email NLT 10/19/18 4:00 PM Eastern Daylight Time (EDT) to Maxwell Sarpong at sarpongmb@mcc.gov. Interested vendors should submit a brief capabilities statement package (no more than ten (10) pages) demonstrating ability to perform the services listed in this Technical Description. Documentation should be in bullet format.


Proprietary information and trade secrets, if any, must be clearly marked on all materials. All information received that is marked Proprietary will be handled accordingly. Please be advised that all submissions become Government property and will not be returned. All government and contractor personal reviewing RFI responses will have signed non-disclosure agreements and understand their responsibility for proper use and protection from unauthorized disclosure of proprietary information as described 41 USC 423. The Government shall not be held liable for any damages incurred if proprietary information is not properly identified.


 


Maxwell Sarpong, Contracting Officer/Director, Phone 202-521-7212, Email sarpongmb@mcc.gov

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