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Kentucky Transportation Cabinet·Kentucky

Workers Comp Financial Statement Audit FY2027 and FY2028

Closes 11/21/2025$100k – $500kRequest for Proposal
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Description

The Kentucky Transportation Cabinet is seeking a contractor to perform a financial statement audit for the Cabinet's self-insured workers' compensation program. The audit will be performed in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in the Governmental Auditing Standards (GAGAS) issued by the U.S. General Accounting Office. The contractor will be responsible for drafting, printing, and binding the financial statements and attesting to their accuracy and completeness. The contract term is expected to be from July 1, 2026, through June 30, 2028, with the option to renew for up to two additional two-year periods. Key points to consider: • The contractor must have experience in performing financial statement audits for government entities. • The contractor must be able to complete the audit and deliver the financial statements to the Kentucky Transportation Cabinet by October 1, 2026. • The contractor will be evaluated based on their technical proposal, cost proposal, and oral demonstration/presentation. • The contract will be awarded to the contractor that best meets the needs of the Kentucky Transportation Cabinet.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Latasha Chenault(Buyer)

[email protected]

(502) 782-5673

Key dates

Opened
10/31/2025
Questions due
10/22/2025
Closes
11/21/2025
Duration
24 months

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541213
Solicitation №
RFP-605-2600000106-2

Budget estimate

$100,000 – $500,000

Based on the scope of work, the budget for this contract is estimated to be between $100,000 and $500,000. This estimate is based on the assumption that the contractor will need to dedicate a team of auditors and accounting professionals to complete the financial statement audit within the required timeframe. The actual budget may vary depending on the contractor's proposal and the Kentucky Transportation Cabinet's evaluation of the proposal.

AI estimate from the solicitation

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