SOURCES SOUGHT
R -- Audit Services
- Notice Date
- 8/15/2018
- Notice Type
- Sources Sought
- NAICS
- 541211
— Offices of Certified Public Accountants
- Contracting Office
- Department of Housing and Urban Development, OCPO, Office of Policy and Systems, Office of Policy and Systems, NS, 451 7th Street S.W, Washington, District of Columbia, 20410, United States
- ZIP Code
- 20410
- Solicitation Number
- RFI-HUDOIG-18-0001
- Archive Date
- 9/6/2018
- Point of Contact
- Candace Jackson, Phone: 2024028301, Ergene Lee, Phone: 2024023105
- E-Mail Address
-
cjackson@hudoig.gov, elee@hudoig.gov
(cjackson@hudoig.gov, elee@hudoig.gov)
- Small Business Set-Aside
- N/A
- Description
- The Department of Housing and Urban Development, Office of Inspector General (HUD OIG) is issuing this Sources Sought Notice / Request For Information (SSN/RFI ) in hopes of maximizing industry interest and feedback to ensure a successful acquisition for the services of Financial Audit Assistance, IT Audits, GAAP Accounting Advisory/Consulting Support, and Actuarial/Statistical and Data Analytics. The Government is primarily seeking the following information: 1) Comments/suggestions on the current Requirements listed below 2) Suggestions on meaningful Evaluation Criteria 3) Meaningful customized capability statements with 3 past performance projects of similar scope 4) Summary of Organizational conflict of interest issues in which the contractor has experienced and how it was overcome This announcement will also assist in determining if this effort can be competitive and/or a total Small Business Set-Aside. As such, this Sources Sought announcement provides an opportunity for small businesses (including the following subsets, Small Disadvantaged Businesses (SDB), Certified 8(a), Veteran-Owned Small Business (VOSB), Service-Disabled Veteran-Owned Small Business (SDVOSB), HUBZone Small Business (HSB), Women-Owned Small Business (WOSB), or Economically Disadvantaged Women-Owned Small Business (EDWOSB) to participate. The Government requests that all interested parties respond to this notice if capable. GSA Schedule holders shall identity their Schedule Contract numbers under the Government's proposed Schedule category, 00CORP SIN 520-7. The Government will use information received in response to this notice to determine the best acquisition strategy for this procurement. The information requested by this sources sought will be used to facilitate decision-making and will not be disclosed outside the agency. Firms choosing to respond to this Sources Sought Synopsis are cautioned that this is not a Request for Proposal (RFP). In accordance with FAR 15.201(e), responses to this notice are not offers and cannot be accepted by the U.S. Government to form a binding contract or agreement. The Government will not be obligated to pursue any particular acquisition or alternative as a result of this Sources Sought Synopsis. REQUIRED CAPABILITIES: FINANCIAL AUDITS ASSISTANCE: The contractor will be tasked to assist HUD OIG in performing financial statement or financial audits of HUD or its components (FHA or Ginnie Mae). Examples of the task orders issued under this BOA include but not limited to; execution of financial statement line segments, program specific reviews, or department wide compliance with financial management laws. The contractor is expected to perform all phases of the audit independently of HUD OIG and would include the planning, testing, and reporting audit phases. Specific requirements of individual tasks will be provided in task orders issued under the BPA.. Additionally, the services of the contractor may be obtained, on as needed basis, to provide HUD OIG with expert advice on all Financial Accounting Standards Board (FASB)-related matters (i.e. commercial generally accepted accounting) in connection with HUD OIG's stand-alone audit of Ginnie Mae's financial statements prepared in accordance with FASB generally accepted accounting principles. All financial audits conducted by contractor staff must comply with the general, fieldwork, and reporting standards for financial audits included in generally accepted government auditing standards (GAGAS), American Institute of Certified Public Accountants (AICPA) Professional Standards (AU-C) or generally accepted auditing standards (GAAS), used for commercial financial statements audits, and the President's Council on Integrity and Efficiency (PCIE)/Government Accountability Office (GAO) Financial Audit Manual (FAM). IT AUDITS: The contractor will be tasked to perform information technology (IT) audits of HUD or its components (FHA or Ginnie Mae). Examples of the task orders issued under this BOA include but not limited to; IT general controls (security management, access controls, segregation of duties, configuration management and contingency planning), business application controls and user controls audits. These tasks may be in support of HUD component financial statement audits; software or system development post implementation reviews, specific IT programmatic related reviews, or department wide compliance with IT management laws, requirements and regulations. The contractor is expected to perform all phases of the audit independently of HUD OIG and would include the planning, testing, and reporting audit phases. Specific requirements of individual tasks will be provided in task orders issued under the BPA. All IT audits conducted by contractor staff must comply with the general, fieldwork, and reporting standards for financial audits included in generally accepted government auditing standards (GAGAS), or, if applicable, American Institute of Certified Public Accountants (AICPA) Professional Standards (AU-C) or generally accepted auditing standards (GAAS), used for commercial financial statements audits. Additional criteria used in HUD OIG IT audits include Department of Commerce's National Institute of Standards (NIST) Federal Information Processing Standards (FIPS) and Special Publications (SP); HUD information security and procurement handbooks, Federal Acquisition Regulations, as well as addition guidance found in the President's Council on Integrity and Efficiency (PCIE)/Government Accountability Office (GAO) Financial Audit Manual (FAM) and GAO's Financial Information Systems Control Audit Manual (FISCAM). GAAP ACCOUNTING ADVISORY/CONSULTING SUPPORT SERVICES: The contractor will be tasked to provide HUD OIG expert advice on all Financial Accounting Standards Board (FASB)-related matters (i.e. commercial generally accepted accounting) in connection with HUD OIG's stand-alone audit of HUD or its component's financial statements prepared in accordance with FASB generally accepted accounting principles, including approaches for auditing them. The contractor should demonstrate expert level of knowledge of FASB/commercial GAAP accounting. Examples of commercial GAAP accounting knowledge that the contractor must demonstrate should include but not limited to mortgage loan accounting and estimating loan loss reserves (ASC 310 and ASC 450), accounting for Guarantee Assets and Guarantee Obligation (ASC 460), and performing critical review of note disclosures. Additionally, the contractor should demonstrate expert level of knowledge in American Institute of Certified Public Accountants (AICPA) Professional Standards (AU-C) or generally accepted auditing standards (GAAS), used for commercial financial statements audits, and the President's Council on Integrity and Efficiency (PCIE)/Government Accountability Office (GAO) Financial Audit Manual (FAM) to demonstrate its capability in assisting strategize the audit. The expected services required under this element include but not limited to assisting HUD OIG in strategizing and developing possible audit approaches, assessing and, if necessary, the challenging of the component accounting and financial reporting implementation decisions, and documenting the basis for that challenge and supporting evidence. Specific requirements/criteria for individual tasks will be provided in requests for proposal issued under the BPA. Other advisory services that may be requested include providing GAAP accounting advisory/consulting support services related to the accounting standards under Federal Accounting Standards Advisory Board (FASAB) or Fed GAAP. The contractor should provide an expert level of knowledge of relevant accounting standards applicable to HUD or its components with statements prepared in accordance with Fed GAAP. Examples of Fed GAAP accounting and auditing knowledge that the contractor must demonstrate include but not limited to federal credit reform accounting, and budgetary accounting including controls over appropriated funds, performing critical review of HUD and its components' note disclosures. Specific requirements/criteria for individual tasks will be provided in requests for proposal issued under the BPA. ACTUARIAL/STATISTICAL AND DATA ANALYTICS SERVICES: The contractor will be tasked to provide support services related to financial statement or financial audits of HUD or its components (FHA or Ginnie Mae). Examples of the task orders issued under this BOA include but not limited to; assessing the appropriateness and reasonableness of the actuarial methodologies used in preparing and developing accounting estimates, performing technical/policy review of FHA's annual MMI reports, reviewing actuarial studies, preparing statistical samples and/or performing other data analytic services. The contractor is expected to perform all phases of the task independently of HUD OIG. Specific requirements of individual tasks will be provided in task orders issued under the BPA. As this task is in support of a financial statement audit; the contractor staff must comply with the general, fieldwork, and reporting standards for financial audits included in generally accepted government auditing standards (GAGAS), American Institute of Certified Public Accountants (AICPA) Professional Standards (AU-C) or generally accepted auditing standards (GAAS), used for commercial financial statements audits, and the President's Council on Integrity and Efficiency (PCIE)/Government Accountability Office (GAO) Financial Audit Manual (FAM). SUBMISSION DETAILS: Please respond electronically to oigcap@hudoig.gov with the information requested above. The information is due to the Government by August 22, 2018 by 5pm EST. Please limit your responses to 20 pages. Any questions on this SSN/RFI may be submitted to the same email address.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/HUD/NS/NS/RFI-HUDOIG-18-0001/listing.html)
- Place of Performance
- Address: Washington, District of Columbia, 20410, United States
- Zip Code: 20410
- Zip Code: 20410
- Record
- SN05038395-W 20180817/180815231210-331d546a89dadc8a65be4c842dfaebba (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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