Audit and Compliance Committee Meeting Minutes February 2026
ACC approves FY 2025-26 audit contract with Forvis Mazars
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Description
The Audit and Compliance Committee approved execution of the FY 2025-26 audit engagement letter with Forvis Mazars for $984,000 to conduct the University’s financial statement audit, including internal controls and compliance reporting. The engagement is part of a competitively awarded 5-year renewal and covers the fiscal year ending June 30, 2026.
Contract Details
Contract Amount
$984,000
Vendor
FORVIS MAZARS
Agency
University Of Kentucky, KY
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 19, 2026
Contract Term
Fiscal year ending June 30, 2026 (part of competitively awarded 5-year term)
Renewal Date
2026-06-30
Renewal Info
Forvis Mazars serves under a competitively awarded 5-year renewal term beginning with FY 2024-25; this engagement letter covers the second year of that term for the fiscal year ending June 30, 2026, with annual fees subject to change. Future audit years within the 5-year term will require annual engagement letters.
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