Financial Auditing Services RFP

The City of Tolleson, Arizona is issuing a Request for Proposals to procure financial auditing services from qualified certified public accounting firms. The scope of work requires comprehensive annual financial audits conducted in accordance with Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), Government Auditing Standards (GAS), the Single Audit Act, and OMB Uniform Guidance. Deliverables include audits of the City's combined and individual non-major fund financial statements, government-wide financial statements, and related schedules, with the City Court included in audits every three years. Mandatory qualifications for proposers include proper CPA licensure per GAS requirements, independence verification, a record free of substandard audit work within the past five years, completion of external quality control reviews at least every three years, and appropriate continuing education hours per GAS standards. Evaluation of proposals will be based on six criteria: General Information (10 points), Experience and Qualifications of Vendor (15 points), Key Positions (15 points), Project Approach (20 points), Project Schedule (20 points), and Pricing (20 points), with potential oral interviews adding up to 50 additional points. The RFP was released on February 12, 2026, with a final inquiry date of February 26, 2026, proposals are due electronically via the OpenGov Procurement Portal by 3:00 p.m. Phoenix time on Wednesday, March 25, 2026, oral interviews are scheduled for the week of April 6, 2026, and a City Council recommendation is anticipated on April 14, 2026. A non-mandatory RFP opening is scheduled for 3:05 p.m. on March 25, 2026, via Microsoft Teams.

The RFP documents do not specify set-aside designations, restrictions on organization types, or disadvantaged enterprise requirements. No incumbent vendors or current contractors are identified in the procurement materials. The City reserves the right to award to multiple proposers, reject all proposals, and conduct a 30-day exclusive negotiation period with the highest-scoring proposer. The RFP does not specify pricing information or cost thresholds; however, the City operates with a fiscal year 2025-2026 budget of approximately $234 million, serving a population of approximately 9,353 across 6 square miles. The contract will be structured as a Professional Services Agreement with an initial term and potential automatic renewal for up to four successive one-year terms, with compensation based on a not-to-exceed amount to be detailed in the selected proposer's Fee Proposal exhibit. Proposers must maintain comprehensive insurance coverage including Commercial General Liability ($1,000,000 per occurrence; $2,000,000 aggregate), Professional Liability ($2,000,000 each claim and aggregate), and Workers' Compensation insurance.