What the buyer needs
AI summaryThe Burlington County Insurance Commission seeks a qualified auditor to conduct an annual audit of its financial statements for the 2027 contract year. The selected service provider must perform the examination under generally accepted auditing standards, complete the December 31, 2026 audit by September 2027, and promptly notify the Executive Committee of any suspected defalcation or insufficient records. Eligible onshore vendors must submit one original paper proposal and two copies to the Commission's Parsippany, New Jersey office by November 20, 2026, at 11:00 AM. Faxed or emailed submissions are not accepted, and proposers must direct written inquiries to Cathy Dodd or Joseph Hrubash. The Commission will evaluate qualifying proposals based on general approach, relevant experience, key personnel qualifications, timeline capability, and fee proposals for the 2027 fund year. The contract runs from January 1, 2027, through December 31, 2027, and no budget is specified.
Scope of work
- Provide an annual audit of the financial statements of the Commission
- Conduct examinations in accordance with generally accepted auditing standards
- Comply with audit requirements prescribed by the Division of Local Government Services and Department of Banking and Insurance
- Complete and present the audit as of December 31, 2026 no later than September 2027
- Notify Executive Committee and outline corrective action if defalcation or insufficient records are found
- Include Property and Casualty Coverage and Health Coverage in fee proposal
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Proposal contains all required checklist information | Not specified |
| Relevance and Extent of Qualifications, Experience, and Training | 25 points |
| Knowledge of requirements and personnel availability | 25 points |
| Reasonableness of Cost Proposal | 20 points |
Minimum qualifications
- Minimum seven years' experience as Fund Auditor for a joint insurance fund in New Jersey
- Demonstrated knowledge of Department of Banking and Insurance and Department of Community Affairs regulations
- Demonstrated knowledge of financial matters pertaining to joint insurance funds
- State of New Jersey Business Registration Certificate
Documents to include with your response
- Bid Document Checklist
- Certificate of Insurance
- State of New Jersey Business Registration Certificate
- Data Form (Exhibit C)
- Statement of Ownership Disclosure (Exhibit D)
- Conflict of Interest Certification (Exhibit E)
- Affirmative Action Statement (Exhibit F)
- Non-Collusion Affidavit properly notarized (Exhibit G)
- Political Contribution Disclosure Statement (Exhibit H)
- Disclosure of Investment Activities in Russia, Belarus and Iran (Exhibit I)
How to submit
- Method
- Hard copy (faxed or e-mailed proposals will NOT be accepted)
- Instructions
- Submit one original paper copy marked ORIGINAL plus 2 copies to Burlington County Insurance Commission, Att: Cathy Dodd, 9 Campus Drive, Suite 216, Parsippany, NJ 07054 (Contains BCIC RFQ).