Office of Financial Management (OFM) Solicitation No. 21-800
Independent Expenditure Review
Find the full solicitation document with instructions on Washington’s Electronic Business Solution (WEBS)
You MUST be registered in WEBS to receive any updates or amendments about this solicitation. However, if you register in WEBS after the solicitation is posted you may not receive updates and amendments, therefore you will have to periodically log into WEBS to check for updates and amendments.
Solicitation Coordinator: Natalie Eckart, ofmprocurements@ofm.wa.gov, 360-790-4823
Competitive Solicitation posting date: June 28, 2021
Bidder Questions due: July 12, 2021, 3:30 p.m. PST (this is subject to change)
Bid due date: August 11, 2021, 3:30 p.m. PST (this is subject to change)
PROJECT LOCATION: Olympia
PROJECT DESCRIPTION: The Washington State Office of Financial Management (OFM) is initiating this Request for Qualifications and Quotations (RFQQ) to solicit proposals from firms interested in conducting an expenditure review of state funds. The 2018 Legislature passed E2SHB 1570 which requires OFM to contract an independent expenditure review of state funds received and deposited into the Home Security Fund Account under RCW 36.22.179(1)(b) on a biennial basis. Per RCW 43.185C.060.
The objectives of this report are to complete an expenditure review of document recording fees collected under RCW 36.22.179(1)(b), and determine whether 45% of the total fee revenue was reserved for private rental housing payments, and provide recommendations for future methods of examining the performance of private market housing providers, for which 45% of the document recording fees are set-aside, in achieving statewide policy priorities.
ESTIMATED CONTRACT TERM: September 15, 2021 – February 28, 2022 with an option to renew the contract for up to four years.
COMMODITY CODES:
- 918-04-Accounting/Auditing/Budget Consulting
- 918-12-Analytical Studies and Surveys (Consulting)
- 918-27-Community Development Consulting
- 918-83-Organizational Development Consulting
- 946-11-Accounting Services (Not Otherwise Classified)
- 946-20-Auditing
- 946-31-Certified Public Accountant (CPA) Services
Solicitation documents available: Contract documents, contacts and Bid instructions are available in WEBS at https://pr-webs-vendor.des.wa.gov/.