5-2. Evaluation Criteria.pdf

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Attached to
Auditing Services for BCHA
Solicitation number
RFP-301-26
Issued by
Boulder County, Colorado

About this file

This is an evaluation criteria document for Boulder County, Colorado's request for proposals from certified public accounting firms to provide auditing and tax services to the Boulder County Housing Authority (BCHA). The procurement seeks qualified independent CPA firms to deliver annual audit and tax services for three consecutive fiscal years ending December 31, 2027, 2028, and 2029. BCHA administers HUD-assisted housing programs and manages approximately 1,200 multifamily affordable housing units subject to multiple federal, state, local, and program-specific compliance requirements. The services must address Housing Choice Voucher programs, Moving to Work agency operations, Low-Income Housing Tax Credits, Rural Development requirements, HOME and CDBG funding, and related affordable housing compliance obligations.

The evaluation process will be conducted by a selection committee that may request additional information from vendors and conduct interviews with top-scoring proposals. The scoring matrix allocates 60 points (60% weighting) to demonstrated experience with housing authorities or affordable housing organizations of similar or greater size and complexity, including specific expertise in HUD voucher programs, multifamily portfolios, LIHTC activities, Single Audit requirements, and understanding of BCHA's operating environment. An additional 30 points (30% weighting) are assigned to the quality and practicality of the proposed audit approach, including engagement team qualifications, ability to meet deadlines, and reference quality. Five points each (5% weighting) are allocated to experience with non-attest financial statement preparation services and cost proposal considerations, for a total possible score of 100 points.

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Boulder County Procurement 1325 Pearl Street

Boulder, CO 80302

Evaluation Criteria

The proposals will be reviewed by a selection committee. The committee may request additional information from vendors and request interviews with top-scoring vendors. Final evaluation and selection may be based on, but not limited to, any or all of the following:

• Demonstrated experience with housing authorities or affordable housing organizations of similar or greater size and complexity

• Quality and practicality of the proposed audit approach

• Demonstrated experience with providing non-attest financial statement preparation services

• Cost proposal and overall value

Demonstrated experience with housing authorities or affordable housing organizations of similar or greater size and complexity (60% of evaluation):

Demonstrated experience with:

o housing authorities or affordable housing organizations of similar or greater size and complexity.

o HUD voucher programs and Moving to Work agencies.

o multifamily affordable housing portfolios subject to layered compliance requirements.

o LIHTC development, cost certifications, investor reporting, and stabilization.

o Single Audit and federal compliance requirements.

o Rural Development, HOME, CDBG, and similar funding sources.

o affordable housing development activity, including rental and homeownership development.

o Understanding of BCHA’s operating environment.

o Ability to provide technical consultation throughout the contract term.

Quality and practicality of the proposed audit approach (30% of evaluation):

o Qualifications and experience of the assigned engagement team.

o Quality and practicality of the proposed audit approach.

o Ability to meet deadlines.

o Quality of references.

o Responsiveness and completeness of proposal.

Demonstrated experience with providing non-attest financial statement preparation services (5% of evaluation) o Availability, cost, and independence considerations related to optional non-attest financial statement preparation services, if offered.

Cost proposal and overall value (5% of evaluation)

A scoring matrix with the order and priority of criteria to be used by the county in its evaluation and selection process is shown below:

Description Points Demonstrated experience with housing authorities or affordable housing organizations of similar or greater size and complexity

Quality and practicality of the proposed audit approach 30 Demonstrated experience with providing non-attest financial statement preparation services

Cost proposal and overall value 5

Total Possible 100

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