University of Utah Research Foundation Audit Services

University of Utah

The buyer seeks proposals for financial audit services for its Research Foundation. The selected vendor will audit financial statements, issue reports on internal controls and compliance, prepare a management letter, and evaluate internal controls in specific offices. The contract term is five years with services to begin in May 2025. The buyer requires the vendor to meet specific qualifications and deliver reports by August 31st each year.

• 3/19/2025 - RFP Issued
• 4/3/2025 - Inquiry Questions Due
• 4/17/2025 - Proposal Due Date

• Licensed as certified public accountant in Utah
• Minimum 10 years experience in GASB audits
• Meet AICPA Code of Professional Conduct independence requirements
• Meet Government Auditing Standards continuing education requirements
• Recent Peer Review with no significant issues

• Audit financial statements and issue audit opinion
• Issue report on internal control over financial reporting and compliance
• Prepare comprehensive management letter with audit findings and recommendations
• Evaluate internal controls in Real Estate Office and Technology Licensing Office
• Deliver electronic copies of reports by August 31st each year