Financial Auditing Services

Emmet County, Michigan is seeking financial auditing services through a Request for Proposals (RFP #EC-07-2024 #16) to conduct comprehensive financial audits for a three-year period with an optional two-year renewal. The procurement targets a vendor to perform government-wide financial statements, fund financial statements, single audit compliance, and Passenger Facility Charge Program compliance for the county's fiscal years beginning with FY24 in 2025. The county, which employs 221 full-time and 22 part-time employees, operates multiple fund types including general, special revenue, debt service, capital projects, proprietary, fiduciary, and investment funds. Key deliverables include annual comprehensive audits, consulting support throughout the year, implementation of new accounting principles, and presentation of findings to the Board of County Commissioners. The RFP timeline includes release on July 15, 2024, with written questions due by July 24, 2024, and proposal submissions due by August 14, 2024, with a tentative award date of September 9, 2024. Evaluation criteria will encompass vendor experience, qualifications, audit approach, annual audit costs, past performance, and references.

The RFP does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises. The county currently uses BS&A software for accounting and payroll functions, which the selected vendor must be capable of integrating with and supporting. Vendors must provide detailed fee proposals and meet specific insurance requirements, including compliance with non-discrimination and conflict of interest provisions. While no incumbent vendor is mentioned, the RFP indicates the potential for a total contract period of up to five years (initial three-year term with optional two-year extension). Although a specific budget range is not disclosed, the comprehensive nature of the auditing services and the county's multi-fund structure suggest a substantial professional services contract that would require significant expertise in governmental financial auditing and comprehensive reporting.