RFP: External Quality Assessment of the Internal Audit Division

The Los Angeles County Employees Retirement Association (LACERA) invites qualified firms to submit proposals to perform an independent External Quality Assessment of LACERA’s Internal Audit Division. The assessment will evaluate conformance with The Institute of Internal Auditors’ Global Internal Audit Standards and related professional requirements, and will identify opportunities to enhance the effectiveness, efficiency, and value of the Internal Audit function.

Scope of Work

The selected firm will perform an external quality assessment of LACERA’s Internal Audit Division, including a review of governance, independence, audit methodology, quality assurance activities, selected workpapers, reports, policies, procedures, stakeholder expectations, and alignment with professional standards. Deliverables will include a project plan, preliminary observations, a final written report with an overall conformance conclusion and recommendations, and a formal presentation of results to LACERA’s Audit, Compliance, Risk, and Ethics (ACRE) Committee.

Submission Requirements

Submit your Intent to Respond (EXHIBIT A) no later than 5:00 PM Pacific Time, on Friday, July 17, 2026, as well as your completed RFP proposal no later than 5:00 PM Pacific Time, on Thursday, July 30, 2026 to:

Alex Ochoa
Internal Auditor, LACERA
aochoa@lacera.gov

Respondents must submit proposals electronically in PDF or Microsoft Word format no later than 5:00 PM PDT on July 30, 2026. Proposals should include, at a minimum, a cover letter, minimum qualifications certification, table of contents, completed proposal requirements and required exhibits, proposed approach, qualifications, key personnel, references, fee proposal, and any requested confidential or redacted versions. Proposals must remain valid for at least 180 days after the submission deadline.

Also email one copy marked “REDACTED”. The redacted copy should exclude all material from your proposal that you believe in good faith is exempt from disclosure under the California Public Records Act (Cal. Gov. Code Sections 7920 et seq.) (described in Section VII of this RFP). Redactions should appear as blacked out material or blank page(s) with the word “REDACTED” or “PROPRIETARY” inserted.

Questions Related to this RFP

All questions, inquiries, and requests for additional information must be submitted by email to Alex Ochoa at aochoa@lacera.gov no later than 5:00 PM PDT on July 17, 2026. Responses to timely submitted questions are expected to be posted on LACERA’s Business Opportunities webpage on or about July 22, 2026. During the quiet period, respondents may not communicate with LACERA staff or Board members regarding this RFP except through the designated point of contact.