Accounting Services and Financial Statements

Business Oregon, specifically the Oregon Business Development Department, is issuing a Request for Proposals (RFP) for accounting services and financial statement preparation focused on their grant and loan programs. The procurement seeks an accounting firm to complete FY2022 financial statements, calculate the current portion of bonds payable/reverse, and document processes for disbursements, federal subrecipient monitoring, and best practices. Key deliverables include comprehensive financial disclosures, process documentation, and training for Business Oregon's accounting team. The RFP evaluates proposers based on project approach, qualifications, and price/value, with mandatory requirements including submission of professional references. Proposals were due by October 31, 2022, at 3:00 p.m. Pacific Time, with Business Oregon anticipating awarding a single contract over an approximate six-month timeline. The procurement specifically targets Marion County and involves detailed financial reporting and process improvement for the department's accounting operations.

The RFP does not explicitly indicate set-aside designations for disadvantaged enterprises or specific restrictions on respondent types. The contracting opportunity appears open to qualified accounting firms with relevant expertise in governmental financial reporting. Business Oregon currently maintains a seven-member accounting team and operates with funds in Oregon Treasury accounts and agency-specific bank accounts. While no specific budget range is explicitly stated, the RFP requests billing rates rather than a maximum not-to-exceed fee, suggesting flexibility in contract pricing. The selected contractor will be required to enter into the State of Oregon's standard Personal/Professional Services Contract, which will include standard state terms and conditions. Business Oregon reserves the right to negotiate contract terms with the top-ranked proposer and to employ additional evaluation steps beyond the initial proposal review.