New Mexico Institute of Mining and Technology Audit Services RFP
- Due
- Apr 10, 2026
- Deadline passed
- Contract term
- 1 year
- Primary contact
- Meradeth Montoya
- (575) 835-5886
The 30-second brief
New Mexico Institute of Mining and Technology is seeking proposals for audit services for the Institute, the NMT Foundation, and the Research Park Corporation for the 2025 audit year. This includes financial statement audits, federal single audits, and federal student aid program audits. The selected firm will also be expected to have expertise in GASB pronouncements and federal research systems.
Annual financial statements, Compliance reports and findings, Electronic copies of financial statement reports.
Capability of Firm, External Quality Control Review, Organization and completeness of proposal, Work Requirements & Audit Approach, Technical Experience, Firm Strengths or Weaknesses, New Mexico Preference Points.
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Summary
New Mexico Institute of Mining and Technology is seeking proposals for audit services for the Institute, the NMT Foundation, and the Research Park Corporation for the 2025 audit year.
This includes financial statement audits, federal single audits, and federal student aid program audits. The selected firm will also be expected to have expertise in GASB pronouncements and federal research systems.
EVALUATION CRITERIA
7- Capability of Firm
- External Quality Control Review
- Organization and completeness of proposal
- Work Requirements & Audit Approach
- Technical Experience
- Firm Strengths or Weaknesses
- New Mexico Preference Points
REQUIRED DELIVERABLES
3- Annual financial statements
- Compliance reports and findings
- Electronic copies of financial statement reports
REQUIRED ATTACHMENTS
7- In-State Certificate
- Resident Veteran Contractor Certification Number
- Campaign Contribution Disclosure Form
- Certification Regarding Debarment
- Suspension
- Other Responsibility Matters
- Non-Collusion Affidavit
- Duration
- 48 months
- Scope location
- Socorro, NM
- Reported agency
- New Mexico Institute of Mining and Technology
Questions about this RFP
How do I respond to this RFP from New Mexico Institute Of Mining And Technology?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is April 10, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. For questions, contact Meradeth Montoya.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including New Mexico Institute Of Mining And Technology in NM, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Meradeth Montoya at (575) 835-5886. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Annual financial statements, Compliance reports and findings, Electronic copies of financial statement reports.. Proposals should clearly address how each deliverable will be met.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Capability of Firm, External Quality Control Review, Organization and completeness of proposal, Work Requirements & Audit Approach, Technical Experience, Firm Strengths or Weaknesses, New Mexico Prefe..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from New Mexico Institute Of Mining And Technology?
All active and historical solicitations from New Mexico Institute Of Mining And Technology are tracked and searchable. As a higher ed agency, New Mexico Institute Of Mining And Technology regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 1 year. Contract terms may include renewal options.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: In-State Certificate, Resident Veteran Contractor Certification Number, Campaign Contribution Disclosure Form, Certification Regarding Debarment, Suspension, and Other Responsibility Matters, Non-Coll. Review the full document from New Mexico Institute Of Mining And Technology for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Socorro, NM. Review the full solicitation for detailed scope requirements.