K10 Vision, Inc Procurement by Florida DEP

Background

The Florida Department of Environmental Protection (DEP) is seeking to procure K10 Vision Audit and Risk Management Software as part of a single-source procurement process mandated by Florida Statutes. The goal is to enhance the internal audit function within the Office of Inspector General (OIG) by acquiring technology that supports internal audit processes and improves effectiveness and efficiency.

Work Details

The contract involves the purchase of K10 Vision Audit Management Software licenses, user training, maintenance support, and hosting services. The software will provide integrated functionality for: - Risk assessment - Audit planning - Scheduling - Timekeeping - Audit program development - Program templates - Workpapers - Audit findings - Recommendations - Management responses - Reporting - Audit follow-up - Case tracking - Configurable reporting. The total estimated cost for the software over five years is $177,998 with specific annual costs outlined as follows:

Year 1

$88,165 (including implementation)

Year 2

$20,779 (maintenance and support fees)

Year 3

$21,819 (maintenance and support fees)

Year 4

$23,180 (maintenance and support fees)

Year 5

$24,055 (maintenance and support fees).

Period of Performance

The contract will be performed over a period of five years.

Place of Performance

The services will be provided to the Florida Department of Environmental Protection located at 3800 Commonwealth Blvd., Carr Bldg., Tallahassee, FL 32399.

Bidder Requirements

K10 Vision Inc. is identified as the sole provider of the K10 Vision Audit Management Software. There are no authorized resellers for this software; thus K10 Vision Inc. is uniquely positioned to fulfill this contract.