RFI-Southeastern Power Administration Federal Financial Audit Services

Summary (Newest Update)

Background The Southeastern Power Administration (SEPA) is seeking to gather market research and identify qualified vendors for financial audit services related to the Southeastern Federal Power Program. The goal of this Request for Information (RFI) is to find firms with the necessary experience and expertise to conduct an independent financial audit that adheres to all applicable federal standards and requirements. This RFI is part of SEPA's ongoing efforts to understand industry capabilities and potential acquisition strategies. Work Details The selected vendor will be responsible for conducting a financial audit of the Southeastern Federal Power Program (SeFPP) combined financial statements for fiscal year 2026. The SeFPP includes relevant portions from both the Department of Energy and the U.S. Army Corps of Engineers. The audit must ensure compliance with federal standards, and the vendor should have experience in auditing similar governmental programs. Responsibilities include reviewing financial statements, ensuring accuracy in reporting, and preparing documentation for submission to the Office of Financial Control and Reporting. Period of Performance Fiscal Year 2026 Place of Performance Elberton, GA Bidder Requirements Bidders must demonstrate prior experience in conducting independent financial audits for governmental entities or similar organizations. Relevant certifications or licenses in accounting or auditing are required, along with any necessary security clearances pertinent to handling federal financial data. Incumbent Analysis (see Incumbents section for more detail) This RFI appears to have a confirmed incumbent based on prior financial audit work for the same program, with KPMG identified as the awardee under contract GS00F275CA-89503521FSP400059 valued at $1,358,000 (08/26/21–04/30/26). The prior award description indicates a financial audit of the Southeastern Federal Power Program (SEFPP) for base year 2021, which aligns closely with the current effort to conduct an independent financial audit of the SeFPP combined financial statements for fiscal year 2026.