Auditing Services

The City of Groton, Connecticut is requesting proposals for auditing services covering the City and Bozrah Light and Power Company, with proposals due August 17, 2026 at 11:00 a.m.

The scope encompasses examination of financial statements for all city departments and the utility company for the fiscal year ending June 30, 2026; preparation of the Annual Comprehensive Financial Report (ACFR) and Bozrah Light and Power stand-alone financial statements; implementation of applicable Governmental Accounting Standards Board statements; preparation of State and Federal Single Audit Reports; and delivery of a Management Letter addressing internal controls, accounting systems, compliance, and recommendations. Audits must comply with generally accepted auditing standards, GAO Government Auditing Standards, the Federal Single Audit Act, OMB Circular A-133, and Connecticut General Statutes Sections 4-230 through 4-236.

Proposers must demonstrate qualifications including resumes of senior personnel, organization charts, copies of at least two ACFRs from Connecticut municipalities where the firm issued an opinion, references from municipal clients served within the last two years, and a detailed service delivery plan. The firm must carry professional liability insurance of $10 million per claim and annual aggregate, along with Workers' Compensation, Commercial General Liability of $1 million per occurrence, Commercial Automobile of $1 million combined single limit, and Excess/Umbrella Liability of $1 million per occurrence.

The initial contract period is three years with options for two additional one-year extensions at the City's discretion. Billing shall be itemized with fixed fees for the City ACFR and Bozrah Light and Power AFR for each contract year (2026–2030) and an hourly rate for services exceeding the fixed fee allowance. The audit for the city fiscal year July 1, 2025 through June 30, 2026 must be completed by December 31, 2026, provided city data is available by November 1, 2026; electric and water funds and Bozrah Light and Power stand-alone statements must be completed by September 30, 2026. The City reserves the right to reject any proposal and is not obligated to accept the lowest-priced response. Inquiries may be directed to Ronald Yuhas, Purchasing Agent, at 860-446-6114 or YuhasR@cityofgroton-ct.gov.