Auditor of State RFP 2025 - 4a

The Iowa Auditor of State's Office is seeking Certified Public Accounting (CPA) firms to conduct City Periodic Examination Services for five small municipalities: Bussey, Hamilton, Harvey, Lovilia, and Marysville. The Request for Proposal (RFP) 2025-4a solicits qualified firms to perform comprehensive financial examinations for the fiscal year ending March 31, 2025, with final reports due by March 31, 2026. Proposing firms must conduct examinations in accordance with attestation standards for agreed-upon procedures engagements issued by the American Institute of Certified Public Accountants and Government Auditing Standards. Firms must demonstrate independence, comply with Iowa Code requirements, and provide detailed information about their team's qualifications, including professional resumes and education history. The proposal submission deadline is June 23, 2025, at 4:00 p.m., with the contract expected to be awarded by June 30, 2025. Key evaluation criteria will likely include the firm's demonstrated expertise, staff qualifications, understanding of municipal accounting requirements, and ability to complete the examinations within the specified timeframe.

The RFP does not explicitly indicate specific set-aside designations or restrictions for disadvantaged enterprises. The targeted cities have populations ranging from 44 to 472 residents, with fiscal year 2025 budgets between $25,920 and $557,042. The selected CPA firm will be reimbursed at predetermined hourly rates for different staff classifications, including Partner, Manager, Senior, and Staff levels, with a total maximum reimbursement to be specified in the final contract. The examination may include potential review of municipal utilities, and the selected firm must provide access to working papers for five years after report issuance. While specific budget details are not fully disclosed, the scope suggests a modest contract value commensurate with the small municipal populations. Potential bidders should contact Dana Davis at Dana.Davis@aos.iowa.gov or +1 515-281-5834 for additional information, and are advised to carefully review all attachments and requirements before submission.