The Texas Lottery Commission is issuing this Request for Proposals (RFP) to obtain Proposals from qualified Proposers to perform internal audit services.
Only Proposers that are Texas State Board of Public Accountancy certified public accounting(CPA) firms or individuals will be considered.
Proposers responding to this RFP are expected to provide the Texas Lottery with information, evidence and demonstrations that will permit awarding a contract in a manner that provides the best value to the Texas Lottery. Proposers must propose on all components and submit a single proposal for all services in response to this RFP.
Proposers should refer to the Schedule of Events contained in the RFP for important filing deadlines. Proposals are due on April 17, 2025 at 4:00 p.m. Central Time. Prior to submitting a response to this RFP, Proposers are advised to re-check this posting for any possible additional information or amendments.
The Texas Lottery Commission is a part ofthe Executive Branch of Texas State Government. The Texas Lottery will not relinquish control over lottery operations. The Successful Proposer shall function under the supervision of the Texas Lottery. Its operations will be subject to the same scrutiny and oversight that would apply if all operations were performed by Texas Lottery employees. Accordingly, all operations must be conducted in adherence to applicable statutes and the highest ethical standards.
This RFP and all activities leading toward the execution of a written contract pursuant to this RFP are being conducted in accordance with the State Lottery Act (Tex. Gov't Code. 466.001 et seq.), asamended; the Texas Lottery's administrative regulations (16 TAC 401.101, et seq.); and other applicable laws of the State of Texas. All Proposers should read and be familiar with the State Lottery Act and 16 TAC 401.101.
Background
The Texas Lottery Commission is issuing this Request for Proposals (RFP) to obtain proposals from qualified proposers to perform internal audit services.
The Texas Lottery Commission is part of the Executive Branch of the Texas State Government, committed to generating revenue for the state through responsible management and sale of lottery products.
The successful proposer will operate under the supervision of the Texas Lottery, adhering to applicable statutes and ethical standards.
Work Details
The services required under this contract include:
1. Development of an annual audit plan;
2. Implementation of the annual audit plan;
3. Reporting and related services;
4. Annual audit reports;
5. Compliance with internal audit standards;
6. Deliverables for renewal years;
7. Additional audit reports as needed.
Proposers must demonstrate their capability to provide these services and submit a single proposal covering all components.
Period of Performance
The contract will commence upon award and is expected to continue for a specified term as outlined in the RFP, with options for renewal based on performance and mutual agreement.
Place of Performance
The services will be performed primarily at the Texas Lottery Commission's headquarters located at 1801 N. Congress Avenue, Austin, TX.
