INFORMATION ITEM 12C

INFORMATION ITEM:

Internal Auditor Contract Update

FACTS:

At its Special Called Board Meeting of April 27, 2022, the Kentucky State University Board of Regents approved the University’s request to solicit competitive vendor proposals for Internal Audit Services pursuant to 200 KAR 5:306. The University has since solicited and received several vendor proposals. The University is now in the processing of evaluating those proposals and anticipates making an award in the coming weeks. The University shall bring a final contract back to the board for approval.

BUDGETARY IMPLICATIONS:

Unknown at this time.