Auditor of State RFP 2025 - 2a

The Iowa Office of Auditor of State is issuing a Request for Proposal (RFP) 2025-2a for City Periodic Examination Services targeting five small cities: Holland, Lincoln, Morrison, Owasa, and Stout. The procurement seeks a Certified Public Accounting (CPA) firm to conduct comprehensive periodic examinations for these municipalities for the 12-month period ending March 31, 2025, with final agreed-upon procedures reports due by March 31, 2026. Proposing firms must adhere to attestation standards for agreed-upon procedures engagements issued by the American Institute of Certified Public Accountants (AICPA) and Government Auditing Standards. The selected CPA firm will be reimbursed at predetermined hourly rates for different staff classifications, with a single comprehensive billing submitted after report issuance. Sealed proposals or scanned PDFs must be submitted to Dana Davis at the Office of Auditor of State by 4:00 p.m. on June 23, 2025, with the contract for services to be awarded by June 30, 2025. Proposals will be evaluated based on the firm's ability to perform detailed municipal financial examinations, including potential reviews of separate municipal utilities established under Chapter 388 of the Iowa Code.

No specific set-aside designations or restrictions on responding organizations are explicitly mentioned in the available documents. The budget ranges for the participating cities vary significantly, with municipal budgets ranging from $32,267 for Owasa to $319,970 for Holland, indicating the scale and complexity of the periodic examinations. The total reimbursement amount will be negotiated, and the selected firm may be required to perform additional follow-up procedures for cities with significant financial findings. Proposing firms must be certified public accounting firms with demonstrated expertise in municipal financial examinations and the ability to comply with governmental auditing standards. The procurement allows for potential additional scope, as the selected firm might be asked to conduct supplementary investigative procedures. No incumbent vendors are identified in the documentation, and there are no explicit mentions of required technology integration or specific infrastructure compatibility requirements.