25-067 Audit Services

The City of Albany, Georgia is seeking proposals for Audit Services through RFP #25-067, targeting a comprehensive financial audit of the city's governmental and business-type activities. The procurement is for a certified public accountant to conduct a thorough financial statement audit for fiscal year 2025, with a firm, fixed-price contract for one year and four potential one-year renewal options. Proposers must provide a detailed work plan demonstrating their audit approach, including proposed engagement segmentation, staff levels, and audit procedures. The evaluation criteria will heavily weight Experience & Qualifications (35%), Audit Approach (30%), Quality of Proposal (15%), and Proposal Fee (20%). Sealed proposals are due by 5:00 P.M. on May 12, 2025, and the selected auditor will be responsible for expressing an opinion on the fair presentation of financial statements in conformity with generally accepted accounting principles, with specific reporting requirements including financial statements, compliance, internal controls, and Federal and State Financial Awards reports.

While no specific set-aside designations or disadvantaged enterprise requirements are explicitly mentioned in the documents, the procurement appears open to qualified certified public accounting firms. The auditor must maintain specific insurance coverage, including a combined single liability limit of $500,000, and provide a Certificate of Insurance. The contract requires the selected firm to complete interim work, fieldwork, and submit final reports by December 30th each year. Although no specific budget range is provided in the available documentation, the proposal will include a detailed cost breakdown as part of the evaluation process. The contract will be executed under Georgia Law O.C.G.A 36-60-13, which governs local government contractual agreements, and the procurement is being managed through the City of Albany Procurement Division located at 222 Pine Avenue, Albany, Georgia.