FY 2026 Audit Firm for Financial Statements and Compliance Audits

Summary (Newest Update)

Background The University of New Mexico (UNM) is seeking proposals from qualified audit firms to perform an audit of its financial statements and conduct compliance audits in accordance with Federal OMB Uniform Guidance and New Mexico State Auditor Requirements. The contract aims to ensure adherence to the 2025 NMAC Audit Rule, which will be superseded by the 2026 NMAC Audit Rule when available. Work Details The selected audit firm will be responsible for conducting an audit of UNM's financial statements and compliance audits as per the outlined requirements. This includes adherence to the Federal OMB Uniform Guidance and New Mexico State Auditor Requirements as specified in 2.2.2 NMAC. Detailed scope of work can be found in the attached documents, including RFP-2599-26 Audit Scope of Work. Period of Performance The contract performance period is expected to commence after the proposal selection process, with specific timelines detailed in the proposal submissions. Place of Performance The services will be performed at the University of New Mexico, located in Albuquerque, New Mexico. Bidder Requirements Bidders must comply with specific requirements including submission of a signed Conflict of Interest Form, completion of a Contact Submittal Form, and adherence to insurance requirements. Additionally, bidders are encouraged to provide documentation for Resident Business or Native American Resident Business Certification for eligibility for an 8% preference.