Cloud-Based Internal Audit Software Platform to Support Full Audit Lifecycle

The University of Michigan seeks proposals from qualified suppliers for a cloud-based internal audit software platform to support its internal audit function. The requested scope includes providing a secure solution that supports the full audit lifecycle—such as audit planning, risk assessment, workpaper documentation, reporting, issue tracking, and analytics—with offsite work performance. The selected vendor must complete project deliverables no later than Fall 2027, and the contract period will last for one year. Only USA-based vendors are eligible to submit proposals. Bidders must submit proposals digitally via email to Anushalie Dias Weerasinha at [email protected] or online by November 2, 2026, at 12 p.m. EST. A pre-bid conference is scheduled for October 05, 2026, and bidders must submit written questions no later than October 07, 2026. Evaluation criteria include the supplier's ability to meet functional requirements, experience with similar agreements, staff experience, compliance with the event schedule, and cost data. Bidders must submit cost data using Attachment F, as the University is looking for proposals to establish the budget.