Texas DIR/ESBD #326-26-1

TESRS Seeks Professional Audit Services for Pension Plan Audits (FY 2026–2030)

The Texas Emergency Services Retirement System (TESRS) is seeking qualified certified public accounting firms to provide professional audit services for its retirement and pension plans. - Government Buyer: - Texas Emergency Services Retirement System (TESRS) - Contracting office located at 4800 North Lamar Boulevard, Suite 320, Austin, TX 78756 - OEMs and Vendors: - No specific OEMs or product vendors are named, as this is a professional services procurement - Products/Services Requested: - Annual financial opinion audits of TESRS financial statements and employer allocations for fiscal years 2026–2030 - Internal control reviews, compliance audits, and advisory services related to new Government Accounting Standards Board (GASB) requirements - Presentations of audit findings to the TESRS Board - All services must comply with U.S. GAAP, Texas Government Code Sections 321.020 and 2254.003, and relevant data security and confidentiality standards - Unique or Notable Requirements: - Contractor staff must hold active Texas CPA licenses and have experience in pension plan audits - Strict data security protocols, including encryption, U.S.-based data residency, and breach notification requirements - On-site work required at TESRS headquarters in Austin, Texas - No outsourcing of services or data access outside the U.S. - Compliance with both state and federal data protection laws - Contract awarded based on competence, methodology, and compliance, not price - Estimated Contract Value: - Approximately $49,000 for the base period, with potential for additional value if renewals are exercised - Place of Performance: - TESRS headquarters in Austin, Texas - All work performed within the State of Texas

Description

The Texas Emergency Services Retirement System (TESRS) is seeking qualified entities to provide professional audit services, specifically internal auditing services for retirement or pension plans. The contract term is anticipated to begin upon execution and extend for two years, with potential for three one-year renewals, totaling up to five years. The scope includes expressing opinions on financial statements, reporting on internal controls, and compliance with laws and regulations. The estimated contract value is approximately $49,000, and the procurement is open to qualified bidders in Texas.

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