Audit Services

The City of Albuquerque, Department of Finance and Administrative Services, is issuing Request for Proposals (RFP-2022-258-DFA-IC) to procure comprehensive audit services from qualified Certified Public Accounting firms. The procurement encompasses a complete financial statement audit, federal Single Audit in accordance with OMB Uniform Guidance 2 CFR Part 200, and multiple special engagements including separate independent auditors' reports for the Airport Fund, OPEB Trust Fund, and City of Albuquerque Foundation component unit, along with agreed-upon procedures for Transportation Section 15, Passenger Facility Charges, landfill financial assurance, and impact fees. All audits must comply with Generally Accepted Auditing Standards, Government Auditing Standards, and New Mexico State Auditor Rule 2.2.2 NMAC, with the final Comprehensive Annual Financial Report required by November 22, 2018, and all required reports delivered to the City Controller by that deadline. The contract includes a base term for fiscal year ending June 30, 2021, with options to extend auditing services for two additional one-year terms covering fiscal years 2022 and 2023. Cost proposals must be submitted separately from technical proposals and broken down by major audit components including Financial Statement Audit, Federal Single Audit, Special Engagements/Audits, and Other Nonaudit Services, with detailed hourly rates by staff category. The proposal submission deadline is February 28, 2022, at 4:00 p.m. Mountain Time through the City's eProcurement system (Bonfire), and evaluation will be based on weighted criteria: 100 points for general approach, 200 points for detailed task plans and schedule, 300 points for experience and qualifications, 200 points for project management, 100 points for past performance, and 100 points for cost proposal, with the contract awarded to the responsive and responsible offeror whose proposal is most advantageous to the City.

Business preference set-asides are available for qualified Small Businesses, Local Businesses, State Resident Businesses, State Resident Veteran Businesses, and Pay Equity certified businesses, offering preferences of up to 5% provided the contractor submits required certification documentation by the proposal deadline; however, these preferences do not apply if any federal funds are used for the contract. Contractors must maintain required insurance coverage including Commercial General Liability of $2,000,000 per occurrence, Automobile Liability of $1,000,000 combined single limit, Workers' Compensation, and Professional Liability/Errors and Omissions of $1,000,000 per occurrence. The City will not reimburse insurance, taxes, or any costs not explicitly included in the proposal, and all such costs remain the contractor's responsibility and must be incorporated into pricing. No specific incumbent vendor information or budget range is disclosed in the available documentation; interested firms should refer to the complete RFP document for detailed cost proposal instructions and all technical requirements necessary for submission.