Audit, Risk and Compliance Solution
- Client
- Tennessee
- RFP Number
- SW-117952
- Posted
- —
- Category
- Software, System and Application
- Budget
- Looking for Proposals
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedThe buyer requires an audit, risk, and compliance solution that integrates Enterprise Risk Management, Compliance, and Third-Party Vendor Management. The buyer accepts proposals for this project, and contractors will perform all work offsite. Participation is restricted strictly to USA organizations operating onshore. Bidders must submit all questions by September 3, 2026. The full specification details are accessible upon email request, as the primary RFP document is unavailable in the initial posting. Bidders can submit their final responses digitally using email or an online platform.
Key solicitation details
AI-extracted from RFP 16175- Audit, Risk and Compliance Solution.pdf. Confirm against the original documents before bidding.
The Electric Power Board of Chattanooga is soliciting proposals for an Audit, Risk and Compliance software solution that integrates Enterprise Risk Management, Compliance, and Third-Party Vendor Management. The solution will support audit lifecycle management, policy management, regulatory compliance frameworks, and vendor risk monitoring. Eligible bidders include established onshore United States organizations capable of performing the work offsite.
- Issued by
- Electric Power Board of Chattanooga
- Optional pre-bid meeting
- September 3, 2026 9:00 AM EASTERN
- Questions due
- Friday September 4th, 2026, by 5:00 pm est
- Proposals due
- 2:00 PM EASTERN, September 17, 2026 (Thursday)
- How to submit
- Electronic via email or online, U.S. Mail, or hand delivery/courier
- Submission details
- Non-electronic submissions require one complete paper copy in a sealed envelope. Electronic submissions require one combined PDF file submitted via email or flash drive, with Excel spreadsheets provided separately if pricing requires it.
- Contract term
- 2-3 year minimum subscription based pricing
- Place of performance
- Offsite
- Insurance and bonding
- Statutory workers compensation; General liability with minimum limits of $1,000,000 personal injury and $1,000,000 property damage; Auto liability with $1,000,000 personal injury and $1,000,000 property damage; Umbrella policy with minimum $5,000,000 limit.
- Funding
- Department of Energy Grid Resilience and Innovation Partnerships (GRIP) Program, Davis-Bacon Act, Buy America Requirements
Scope of work
- Provide an integrated solution for Enterprise Risk Management, Compliance, and Third-Party Vendor Management
- Develop, maintain, and export an Audit Universe with risk scores and risk bands
- Support annual or multi-year audit planning with edit restrictions on approved plans
- Enable working paper documentation, file uploads, role-based approval workflows, and review note tracking
- Classify findings, execute Quality Assurance checklists, and communicate observations with auditees
- Create, categorize, and manage policies with review workflows and cross-referencing to regulatory frameworks
- Perform vendor risk assessments, ratings, continuous monitoring, and secure storage of third-party audit reports
- Provide standard out-of-the-box dashboards, real-time reports, and final report creation
Minimum qualifications
- Onshore (USA Organization Only)
- Established, qualified business with sufficient skills, capabilities, equipment, facilities, manpower, and financial resources
- Operates a drug and alcohol testing and employment screening program qualifying for the Tennessee Drug Free Workplace Program
- Conducts pre-employment background checks covering educational background, criminal history, driving record, credit, and prior employment
Documents to include with the bid
- Proposal Response Form
- Price Sheet
- Warranties and Agreement to Proposal Response Form Instructions
- Proposer standard contract and terms and conditions
- Documentation of ownership, legal form, experience, principal service area, and key personnel resumes
- Audited financial statements or un-audited financial statements for the last 3 years
- EPB Required Pre-Employment Screening Certification
- Ethics Policy Certification
- Non-Collusion Certification
- Minimum Security Requirements form
Verify important details
Document checkConfirm submission instructions and amendments with the issuing agency before responding.
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