Audit and Investigation Services

The Vendor is required to provide internal audit assurance and consulting services, including Information Technology (IT) and other expertise in critical areas, and by augmenting existing agency audit staff.
- The contractor shall also be tasked to fully conduct an audit, investigation, special review or consulting engagement (i.e. planning, testing, reporting and follow-up) or participate in the execution of specified phases of an audit, investigation, special review or consulting engagement.
- Provide internal audit services to assist the agency Administrator and the Office of Audits (OA) in accomplishing their objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s risk management, control, and governance process.
- Provide internal audit and investigation services to assist the agency Administrator and the Office of Audits in accomplishing their objectives by bringing a systematic and disciplined approach to evaluate and improve the efficiency and effectiveness of the organization’s risk management, controls, and governance processes.
- Goal of Audit
• Internal auditing services including assurance and consulting services to complete risk-based audits included on the agency office of audits annual audit plan that will improve the effectiveness of the organization’s risk management, control and governance process.
• Obtain assistance in completing special reviews of specific areas of agency that may arise in response to inefficiencies arising from fraud, regulatory compliance or operations that are not routine or included on the annual audit plan.
• Obtain assistance in completing external audits of architecture and engineering (A&E) overhead rates and pre-contract reviews.
• Assist in the investigations of allegations of potential misconduct, fraud, waste and abuse.
- Guidance and/or by augmenting existing agency staff in preparing and conducting audits;
- Fully conducting all phases of the audit process (planning, testing, reporting and follow-up) to achieve the audit objectives;
- Assist in developing objectives, strategies, planning, and data analytics for the internal audit function;
- Advisory and consulting services without assuming management responsibilities; and
- Assist in implementing the agency Risk Management Program for agency for preparing the agency Office of Audits annual audit plan.
- expected to assist with or be fully responsible (planning including risk assessments, testing, reporting and follow-up) in conducting special reviews of specific areas of concern with an organization due to suspicions of fraud, compliance issues, operational inefficiencies, and/or management requests.