The Internal Revenue Service (IRS) Office of the Chief Financial Officer (CFO) has issued a Request for Information (RFI) for market research to identify potential sources for professional financial management, financial systems, and audit support services. This RFI, IRS-AUDIT_SERVICES, seeks information for an anticipated requirement, as detailed in an attached draft Performance Work Statement (PWS). The services include financial accounting, reporting, reconciliation, cost accounting, internal control, audit readiness, Integrated Financial System (IFS) support, and transition activities. The IRS is gathering information to develop a procurement strategy and an Independent Government Cost Estimate (IGCE), encouraging vendors to provide budgetary information. This is solely for planning and does not constitute a commitment to a future solicitation or contract award. Responses are due by February 6, 2026, and questions by January 23, 2026.
The IRS Office of the Chief Financial Officer (CFO) seeks professional financial management, systems, and audit support services through this Performance Work Statement (PWS). The contractor will enable timely, accurate financial reporting, maintain compliant systems, strengthen internal controls, and support audit responses. Key support areas include Financial Reporting and Analysis, Revenue Accounting, Accounts Payable, and Financial Management Systems. The PWS outlines six task areas: financial accounting, reporting, and internal control; financial management systems support; optional ad hoc financial management support; task order management; and contractor transition-in/out. These services are crucial for the IRS to meet federal financial management laws, regulations, and reporting standards, ensuring audit readiness and effective financial operations.
This document, an RFI (Request for Information) for a federal government requirement, outlines 20 questions for industry responses, primarily focusing on financial management, audit readiness, and accounting operations support within federal environments. Key areas of inquiry include the firm's ability to support on-site performance in the Washington D.C. area, identification of relevant NAICS and Product Service Codes, and extensive experience in federal financial statement audit readiness, audit response, accounting operations (administrative and custodial), annual financial reporting, account reconciliation, cost accounting, internal controls, and financial management systems (including SAP-based environments). The RFI also seeks information on quality control approaches, staffing and retention strategies, transition-in and transition-out plans, foreseen risks and proposed mitigations, recommendations for improving the draft PWS (Performance Work Statement), suggested industry best practices, labor mix recommendations, and budgetary rate information for Independent Government Cost Estimate development.