South Carolina Sfaa Sfaa #5400029414

South Carolina Unclaimed Property Audit Services Solicitation

South Carolina is seeking qualified independent audit firms to provide unclaimed property audit services for the State Treasurer's Office. - Government Buyer: - State Fiscal Accountability Authority, Division of Procurement Services - On behalf of South Carolina State Treasurer's Office (STO) - Services Requested: - Unclaimed property audit services - Identify, audit, and assist entities holding past-due unclaimed property under the South Carolina Uniform Unclaimed Property Act - Assign at least three auditors knowledgeable in relevant laws and auditing standards - Conduct audits of holders' financial records, prepare audit reports, and deliver remittance to STO - Provide monthly progress reports and comply with detailed audit and reporting requirements - Contract Structure: - Up to six contracts may be awarded - Compensation is a 10.25% contingency fee based on net unclaimed property delivered to STO - Period of Performance: - Initial 5-year term with a 2-year renewal option (maximum 7 years) - Unique Requirements: - Compliance with information security standards, privacy policies, and applicable laws - Authorization from STO required before audits - Delivery point for services is Columbia, South Carolina - No specific OEMs or vendors are named in the solicitation

Description

The solicitation is for unclaimed property audit services. The scope involves identifying, auditing, and assisting entities holding past-due unclaimed property. The procurement is conducted by the Materials Management Office on behalf of the South Carolina State Treasurer's Office. The delivery point is Columbia, South Carolina. Proposals must be submitted by September 9, 2026, at 11:00 AM ET.

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