RFP: Audit Committee Consultant
The Los Angeles County Employees Retirement Association (LACERA), a $70 billion public pension fund, is seeking proposals from qualified candidates to serve as the Audit Committee Consultant. The Audit Committee Consultant serves as the designated technical expert advising the Audit Committee on audit and financial matters and serves a three-year term with an option to extend the contract for up to two one-year terms. Interested consultants are invited to respond to this RFP.
Scope of Services
The selected consultant will serve as the Audit Committee’s designated technical expert and will advise the Committee on audit and financial matters. Respondents must have experience and knowledge in internal and external audit practices, as well as an extensive understanding of government accounting standards and financial practices.
Submission of Requirements
If your firm chooses to respond to this RFP, please send the Intent to Respond, Exhibit A, to Leisha Collins at lcollins@lacera.com, by 5:00 p.m. PST, October 13, 2023. Failure to send the Intent to Respond may disqualify your Firm from submitting a response to this RFP.
Bid submission must be delivered in PDF or Microsoft Word Format to Leisha Collins at lcollins@lacera.com by October 30, 2023, no later than 5:00 PM, PST.
Questions Related to This RFP
All questions, inquiries, and requests for additional information concerning this RFP should be received no later than 5:00 PM PDT, October 13, 2023, and should be emailed to Leisha Collins at lcollins@lacera.com. All questions received and responses thereto will be posted on LACERA’s website (www.lacera.com) under the "Business Opportunities" section that relates to this RFP (https://www.lacera.com/who-we-are/business-opportunities) on or about 5:00 PM PDT, October 17, 2023.
The following table provides a tentative schedule of important dates and deadlines for this RFP. All dates are subject to modification by LACERA without notice.
- RFP release date
- September 6, 2023
- Intent to Respond closing date
- October 13, 2023
- Written questions from Respondents due date
- October 13, 2023
- LACERA’s response to Respondents’ questions
- October 17, 2023
- Proposal due date
- October 30, 2023
- Selection Notification (estimate)
- November 13, 2023
- Audit Committee presentation/interview and selection
- December 14, 2023
- Commencement of work
- Upon contract execution