Boulder County Financial Auditing Services

Boulder County Office of Financial Management is requesting proposals for independent financial auditing services covering annual audits of the County, Boulder County Public Health, and related component units for the five-year term January 1, 2027 through December 31, 2031, with proposals due September 25, 2026. Boulder County Housing Authority is excluded and audited under a separate contract.

The scope encompasses annual Single Audits for fiscal years 2026 through 2030; independent audit and professional review of the Annual Comprehensive Financial Report (ACFR), Schedule of Expenditures of Federal Awards (SEFA), and Federal Highway Administration Local Highway Finance Report (FHWA-536); annual PERA Census Audits; and consultation and recommendations to strengthen the County's financial reporting processes. Work must comply with Generally Accepted Auditing Standards (GAAS), Government Auditing Standards, the Federal Single Audit Act, and the Office of Management and Budget's Uniform Guidance, including the October 2026 revisions to 2 CFR Part 200 and 2026 OMB Compliance Supplement. The County maintains a population of approximately 330,000 across 750 square miles and has received GFOA Certification of Achievement for Excellence in Financial Reporting since 1990. The vendor must demonstrate Colorado licensure for public accounting, Government Auditing Standards independence, Single Audit qualifications under 2 CFR Part 200, demonstrated county government audit experience, current peer review reports with passing ratings, and absence of conflicts of interest. The County uses Oracle ERP for accounting, UKG Dimensions for payroll, and the Microsoft Government Community Cloud (GCC Low) ecosystem; the vendor must provide secure file-exchange portal with end-to-end encryption and demonstrate expertise in these systems.

Pricing must be provided for all five contract years with separate line items for Boulder County financial statements, Boulder County Public Health audit, countywide Single audit, and optional PERA Census audit. Historical incumbent fees across five service categories (2021–2025) ranged from $120,960–$136,142 (County Financial Statements), $26,460–$29,781 (Public Health), $84,420–$95,016 (Single Audit), and $6,216–$6,996 (PERA Census). All-inclusive maximum pricing must include direct and indirect costs and out-of-pocket expenses; no additional fees are permitted without advance written approval from the Chief Financial Officer. The County will finalize financial data by mid-April with audit completion required by June 30 to meet GFOA Certification deadlines; final signed reports are due within ten working days of issue resolution.

Evaluation criteria allocate 100 points: Technical Qualifications and Ongoing Support (30 points), Audit Approach and Project Management (25 points), Engagement Team (15 points), Innovation and Value-Added Services (10 points), Cost Proposal (10 points), and Overall Demonstration of Capabilities (10 points). Professional Liability Insurance (Errors and Omissions) with $1,000,000 per loss and $1,000,000 aggregate coverage (two-year extended discovery period) is required, along with Commercial General Liability ($1,000,000 per occurrence / $2,000,000 aggregate), Workers' Compensation at statutory limits, and Privacy/Cyber Liability scaled by client count ($50,000 for ten or fewer, $500,000 for 11–15, $1,000,000 for 16 or more). Electronic submissions through the Boulder County Bonfire portal in PDF, Word, or Excel format are mandatory; no archives, external links, or Google Docs are accepted. Addendum 1 and Addendum 2 have been issued with procedural clarifications and Q&A responses.