Financial Audit Services

The City of Green Bay Administrative Services Department, Green Bay Metro Transit, and Green Bay Water Utility are seeking a qualified firm to provide comprehensive financial auditing services through a Request for Proposal (RFP) issued on August 28, 2025, with proposals due on October 9, 2025, at 2:00 PM CST. The contract will cover a three-year initial term with options to renew for up to two additional years. Key deliverables include preparing annual comprehensive financial reports (ACFR), conducting financial statement audits, expressing opinions on financial statements, and performing single audit requirements for federal and state awards. The financial audit will encompass multiple funds, including General Fund, Special Revenue Funds, Debt Service Funds, Capital Projects/TID Funds, Enterprise Funds, Internal Service Funds, and a Component Unit. Proposers must have at least five years of municipal financial auditing experience and meet specific insurance and professional licensing requirements. The evaluation will utilize a 100-point scoring system, with 30 points for organizational capabilities, 30 points for staff qualifications, 20 points for proposal requirements, and 20 points for price.

The RFP does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises. The total annual revenues for the entities being audited are approximately $212 million for the City, $9 million for Green Bay Metro Transit, and $29 million for the Green Bay Water Utility. The city currently uses Tyler Munis as its primary accounting system, with several ancillary software systems for specific financial functions. Contractors will need to comply with extensive Federal Transit Administration (FTA) requirements, including civil rights regulations, debarment rules, procurement standards, environmental protections, and ADA compliance. The FTA Master Agreement (Version 33) provides detailed federal compliance requirements that will be mandatory for the selected contractor. While a specific contract value is not explicitly stated, the comprehensive nature of the audit and the significant annual revenues suggest a substantial contract opportunity for a qualified financial auditing firm.