Audit Firm for Bridgeport Board of Education(BBOE)

The City of Bridgeport is seeking a professional audit firm to provide supplemental audit services for the Bridgeport Board of Education (BBOE) through a competitive Request for Proposal (RFP) process. The procurement is specifically targeting an audit firm to conduct specialized auditing services beyond the district's standard annual financial reviews, including Federal Single Audit, State Single Audit, and Connecticut Education Finance System audit. The Bridgeport School District, which serves approximately 20,000 students and operates with a $300M budget for 2024-25, requires an audit firm capable of performing high-quality, targeted audit work in accordance with Generally Accepted Auditing Standards. Proposals are due by 2:00 pm on February 27, 2025, and can be submitted electronically through the OpenGov procurement platform or via physical submission to the Department of Public Purchases. The initial contract term is one year, commencing on or about July 1, 2025, with potential renewal options for up to four additional years. The evaluation process will utilize a 100-point scale, assessing factors such as firm experience, staff qualifications, client references, proposal quality, cost, and potential MBE/WBE certifications.

The RFP encourages participation from Minority Business Enterprises (MBE), Women Business Enterprises (WBE), and City-based businesses, with potential additional evaluation points for such certifications. Prospective bidders must complete a comprehensive No Conflicts/Disclosure Form, which requires detailed reporting on organizational structure, ownership, affiliations, and potential conflicts of interest. The contract includes comprehensive insurance requirements, with the contractor responsible for maintaining coverage and naming the City as an additional insured party. While a specific contract value is not explicitly stated, the document suggests a compensation structure based on a base proposal not to exceed a predetermined amount, with potential for additional compensation for alternate services. Payments will be made monthly based on completed services, and the contractor will be required to submit a detailed Schedule of Values for approval. The agreement is contingent on fund appropriation, meaning the City is only obligated to pay to the extent funds are available, and reserves the right to modify services or terminate the agreement with 15 days' written notice.