Financial audit services

The City of Torrington, Connecticut, through a Request for Qualifications (RFQ FAS-007-102325), is soliciting proposals from qualified independent public accountants licensed to practice in Connecticut to provide comprehensive financial audit services for three consecutive fiscal years ending June 30, 2026; June 30, 2027; and June 30, 2028. The solicitation opened September 24, 2025, at 9:30 AM EDT and closes October 23, 2025, at 11:00 AM EDT, with the submission location at City Hall, Room 206, 140 Main Street, Torrington, Connecticut. Vendors may submit questions through October 9, 2025, at 12:00 PM EDT, with responses to be provided via Addendum 1. The selected firm must prepare consolidated financial reports using the City's New World Systems/Tyler Technologies financial Enterprise Resource Planning system and deliver audit services due by December 31, 2025, for the fiscal year ending June 30, 2025. Evaluation criteria include the firm's qualifications, experience with similar municipal audits, understanding of the City's financial systems, proposed audit approach, and overall capacity to serve the public interest. The City reserves the right to award or reject any or all bids, waive technicalities, and select a proposal based on factors beyond lowest cost. No faxed or emailed proposals are accepted, and all bids are binding for 90 days following submission.

The City of Torrington is an affirmative action and equal opportunity employer that encourages minority-owned businesses (MBEs), women-owned businesses (WBEs), and small businesses (SBEs) to apply. The incumbent auditor's fee for the previous year was $93,450 with an additional Electronic Filing System (EFS) fee of $8,500, providing a baseline reference for cost estimation; however, the City has indicated no specific estimated contract value in the solicitation documents. The City has reported no significant changes in finances, finance department staffing, or expected changes anticipated for the next three years, indicating a stable audit engagement. Interested vendors should direct inquiries to Pennie Zucco at 140 Main Street, Torrington, Connecticut 06790, by telephone at 860-489-2225, or by email at pennie_zucco@torringtonct.org. Payment terms are specified as Net 30 Days with Free On Board Destination delivery terms.