External Auditing Services

The Deer Park Union Free School District (UFSD) in Suffolk County, New York, is soliciting proposals for External Auditing Services through RFP No. RDP25-013, with proposals due by 11:00 A.M. on April 30, 2025. The district requires a qualified auditing firm to perform comprehensive annual audit services for the 2025-2026 school year, with potential renewals for four additional one-year terms. The audit will cover multiple funds including the General Fund, Special Revenue Fund, Cafeteria Fund, Capital Projects Fund, and Trust & Agency Funds, as well as Extra-classroom Activity Funds and Federal Grant Monies. The auditing firm must provide extensive reporting, including audit opinions, financial statements, compliance reports, and risk assessment documents, while maintaining working papers for six years and remaining available for authorized examinations. Key requirements include thorough documentation of the district's financial activities, which serves approximately 4,030 students with 392 teachers, 185 teaching assistants, 29 administrators, and 209 support staff. Evaluation criteria will likely focus on the firm's expertise, comprehensiveness of proposed audit approach, and ability to meet detailed reporting requirements.

The solicitation does not explicitly specify set-aside designations for disadvantaged enterprises or minority-owned businesses. The district serves a General Fund Budget of $144,373,491.49 for the 2024-2025 school year, with approximately $2,000,000 expected in Capital Fund activity for 2025-2026. Insurance requirements are substantial, mandating minimum coverage for Commercial General Liability, Automobile Liability, Workers' Compensation, Professional Errors and Omissions, and Umbrella/Excess Insurance. While no incumbent vendor is identified in the documentation, the successful firm must demonstrate significant professional capabilities in educational financial auditing. The contract appears to be competitively bid, with no apparent restrictions limiting participation beyond standard professional qualifications for certified public accounting firms experienced in school district financial audits. The comprehensive nature of the audit requirements and the district's financial complexity suggest this will be a significant professional services contract, likely valued between $50,000 and $100,000 annually, depending on the depth and scope of required auditing services.