ESBD_485479_1771268945997_RFQ26-1 Audit Services Addendum-2.pdf

This is an Addendum No. 2 to a Request for Qualifications (RFQ) issued by Paris Junior College, a public junior college district in Texas, for comprehensive annual financial audit services. The RFQ solicits sealed qualification statements from qualified certified public accounting firms to provide financial statement audits for Paris Junior College and the Paris Junior College Foundation, federal and state program audits, and preparation of the Annual Financial Report in compliance with Government Auditing Standards and applicable federal regulations. The college operates three campus locations with approximately 322 employees and 5,000 students. The question and clarification deadline was February 6, 2026, with final submission of qualification statements due by February 18, 2026, at 2:00 PM CST to the Paris Junior College Business Office. The final addendum issuance date is February 11, 2026, and the award recommendation and approval date is March 16, 2026. The contract term is one year with four one-year renewal options available. Qualified firms must be properly licensed certified public accounting firms in good standing with the Texas Board of Public Accountancy and the American Institute of Certified Public Accountants, possess a minimum of five years of experience auditing higher education institutions, and meet all independence requirements established by the U.S. Government Accountability Office and the AICPA.

Addendum No. 2 clarifies responses to three questions submitted by prospective respondents regarding the scope of auditor support. The college confirmed that financial statements and notes are prepared internally by college staff with supporting internal financial statements and schedules available, that recent GASB statement implementation assistance provided by the auditor was billed as advice and review rather than out-of-scope work, and that the college has completed webinar training to prepare for GASB 103 implementation. The addendum requires all respondents to acknowledge receipt of the addendum and include a signed Addendum Acknowledgement Form with their submission. The RFQ documentation does not specify pricing information, funding sources, or award values, indicating that contract pricing will be negotiated during the qualification and selection process. Contact for purchasing inquiries is Thad Turman, Director of Purchasing, Business Services at Paris Junior College.