Audit Services Contract

Maryland Workers' Compensation Commission

The buyer is issuing this Task Order Request for Proposals to procure audit services for self-insured employers' workers' compensation programs. The purpose is to determine the validity and accuracy of claim payments, case reserve estimates, and reporting submitted by selected self-insured employers. The audit will cover the 2023 IC-1 report for eight specified employers. The contractor will develop an audit plan, verify reporting accuracy, assess compliance, and deliver internal control and compliance reports.

• 7/11/2024 - TORFP Issue Date
• 7/18/2024 - Pre-TORFP Conference
• 8/1/2024 - Proposal Due Date

• Develop and agree upon an audit plan
• Audit and verify accuracy of 2021 Annual Information Report (IC-1)
• Verify self-insured employers' compliance with workers' compensation laws and regulations
• Verify proper internal controls exist for valid and accurate reporting
• Deliver internal control report and compliance report on audited self-insured employer