Auditor of State RFP 2024-5a

The Iowa Office of Auditor of State is issuing Request for Proposals (RFP) 2024-5a for City Periodic Examination Services, seeking qualified Certified Public Accounting (CPA) firms to conduct comprehensive financial examinations for four small cities: Franklin, Hillsboro, Houghton, and St. Paul. The procurement seeks audit services covering the fiscal year ending March 31, 2024, with specific requirements for conducting agreed-upon procedures reports following American Institute of Certified Public Accountants and Government Auditing Standards. Proposals must be submitted by June 19, 2024, at 4:00 p.m., with contract award anticipated by June 26, 2024, and final reports required by November 29, 2024. The evaluation criteria will focus on two primary areas: overall cost (including out-of-pocket expenses) and qualifications, with the latter encompassing recent experience in similar municipal engagements, team qualifications, and demonstrated understanding of the work. The selected CPA firm will be reimbursed at hourly rates for different staff classifications, with the firm required to maintain working papers for five years after report issuance and potentially conduct follow-up procedures for cities with significant findings.

The RFP does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. The four cities targeted for examination are small, with populations ranging from 109 to 163 residents and fiscal year 2024 budgets between $50,924 and $234,202. While no incumbent vendors are identified, the RFP indicates that the selected firm must be capable of integrating with existing municipal financial systems and reporting frameworks. The maximum total reimbursement will be specified in the final contract, with compensation structured through hourly rates for different staff classifications. Potential bidders are required to contact Dana Davis (Dana.Davis@aos.iowa.gov or 515-281-5834) for detailed information and are explicitly instructed not to use the standard IMPACS system for proposal submission. The RFP is categorized under Commodity Code 91804 for Accounting, Auditing, and Budget Consulting services, with proposals to be submitted in US Dollars.