The Unclaimed Property Division (Division) has an ongoing need for audit services. The Division requires assistance in all aspects of audits, including the areas of general ledger, securities, life insurance, and contractor-assisted self- audits. For the Division to properly administer and enforce the Act, it is necessary to seek reporting compliance from holders of unclaimed property. Per SDCL 43- 41B-31 the offeror will be performing services on behalf of the Division to audit for, locate, identify, and deliver past due unreported unclaimed property, along with identifying and reporting the applicable owner information. The Division has determined that the utilization of one or more offerors in the identification, authorization, audit, collection, and delivery of unclaimed property, as it relates to holders, is in the best interest of the State. As such, the Division will frequently enter concurrent audits with other states having similar requirements in connection with their respective unclaimed property laws.
