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  5. ›REQUEST FOR PROPOSAL – Annual Federal Single Audit Service (2‑Year…

State of Arkansas·Arkansas

REQUEST FOR PROPOSAL – Annual Federal Single Audit Service (2‑Year Term)

Closes 5/18/2026$40k – $200kRequest for Proposal
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Description

This solicitation seeks a qualified firm to perform the Annual Federal Single Audit for a 501(c)(3) nonprofit organization for a two‑year period. The contractor will be responsible for planning, fieldwork, reporting, and compliance verification under OMB Circular A‑133 (now incorporated into the Uniform Guidance). The work includes coordinating with the nonprofit’s management, reviewing financial statements, assessing internal controls, and delivering the final audit report to the client. • Perform a comprehensive federal single audit covering all federal awards received by the nonprofit. • Prepare audit documentation, management letters, and the required “Single Audit” report in accordance with federal guidelines. • Provide a point‑of‑contact for the nonprofit’s finance team and respond to any audit queries throughout the contract term. • Deliver final audit findings and recommendations on internal controls and compliance within stipulated timelines. • Maintain confidentiality and adhere to all applicable federal and state regulations.

Attached files

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

Key dates

Opened
5/3/2026
Closes
5/18/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541211
Solicitation №
596013

Budget estimate

$40,000 – $200,000

No contract value is disclosed. Typical fees for a full federal single audit of a mid‑size nonprofit range from $20,000 to $100,000 per year, depending on the number of federal awards, transaction volume, and complexity of internal controls. Assuming a two‑year contract, the total budget could reasonably fall between $40,000 and $200,000. Factors influencing the final amount include the nonprofit’s annual budget, the number of federal awards, and any additional consulting deliverables required by the client.

AI estimate from the solicitation

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