RFP #2025-04-001 ANNUAL AUDIT SERVICES -Addendum 1.docx

This document is an Addendum 1 Request for Proposals (RFP) #2025-04-001 for Annual Financial Audit Services issued by the City of Truth or Consequences, New Mexico. The RFP seeks a qualified audit agency to conduct the City's Fiscal Year 2024/2025 annual financial audit in compliance with New Mexico State Auditors Rule 2.2.2 NMAC. Key dates include: issue date of March 27th, 2025, deadline for questions on April 10th, 2025 at 2:00 PM, acknowledgement of receipt by April 17th, 2025 at 2:00 PM, and proposal due date of April 24th, 2025 at 2:00 PM. The contract requires the selected audit firm to conduct an in-person entrance conference with the City and submit the audit electronically through OSA Connect guidelines.

The RFP includes multiple NIGP commodity codes (94620, 946, 91804, 918) suggesting a comprehensive audit service procurement. The audit will follow specific state governmental agency audit requirements as outlined in the New Mexico Register, Volume XXXV, Issue 13 from July 16, 2024. The contract emphasizes adherence to state audit protocols and requires direct engagement with city officials to address any potential questions or concerns before final submission to the Office of the State Auditor (OSA). No specific budget or funding details are provided in the available documentation.