Tower Development Construction Audit

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Title:  

Tower Development Construction Audit

Agency:  

University of Iowa

State:  

Iowa

NAICS Code:  

541910

Industry:  

Healthcare and Medical Services

Solicitation Type:  

Request for Qualification

Solicitation ID:  

18451

Open Date:  

6/4/2025

Questions Due Date:  

6/12/2025

Close Date:  

7/10/2025

Project Duration:  

5 years

Last Updated:  

7/9/2025

Description:
The University of Iowa is seeking a qualified supplier to provide construction audit services for the Tower Development project. The successful supplier will work in partnership with the Board of Regents Chief Audit Executive, University, and UI Health Care to fulfill the scope of services, including cost verification, contract compliance, review of construction claims, and validation of payments to subcontractors. The supplier must have experience with auditing healthcare construction projects over $100 million and provide a detailed proposal outlining their approach, qualifications, and pricing structure. • The project has a construction value of over $1.5 billion and is slated for completion in 2032. • The supplier will be required to submit monthly reports and executive summaries to the Chief Audit Executive and other university administrators. • The university reserves the right to change the scope of work and terminate the agreement if necessary. • The supplier must comply with all state and federal laws, including HIPAA and GLB. • The university prefers not to permit suppliers to transfer or store university data outside the United States.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Andy Lane(Purchasing Contact)

andy-lane@uiowa.edu

(319) 335-1207

Budget Estimate (AI):

$500,000 – $2,000,000

The budget for this opportunity is likely to be substantial, given the large construction value of the project. A rough estimate for the construction audit services could be in the range of $500,000 to $2 million per year, depending on the scope of work and the supplier's pricing structure. Factors that may influence the payment range include the complexity of the project, the level of expertise required, and the duration of the contract.

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