Outsourced Internal Audit Services

The Vendor is required to provide for outsourced internal audit services.
- Internal audit function was performed by an internally resourced internal audit group supported with external resources, where required, on an engagement-by-engagement basis.
- Provide Chief Audit Executive services, and develop and execute and audit plan, taking a risk-based approach that is aligned with agency corporate objectives, providing actionable recommendations and transparent reporting to management and the Audit Committee.
- Services will be delivered with professional skepticism, independence and due professional care.
- Review, update and seek approval from the Audit Committee for the Internal Audit Charter on an annual basis, in accordance with act standards.
- Develop a risk-based Internal Audit Plan annually, for approval by the Audit Committee and in collaboration with agency executive team.
- Execute the Internal Audit Plan.
- Conduct ad hoc audits, special investigations, assurance and advisory engagements as requested.
- Monitor and report on management’s remediation of audit findings.
- Participate in quarterly Audit Committee meetings and provide clear, transparent and comprehensive reports. Participate in ad hoc Audit Committee meetings as required.
- Maintain audit documentation and ensure quality assurance in accordance with act Standards.
- Detailed audit charters for each engagement, including clear deliverables, timelines, assigned resources and levels of effort.

- Contract Period/Term: 1 year
- Questions/Inquires Deadline: December 18, 2025