Financial Auditing Services

The Town of Orange Park, Florida is requesting sealed proposals for financial auditing services with proposals due October 12, 2026 at 2:00 PM to the Town Clerk's Office, 2042 Park Avenue, Orange Park, Florida 32073. A final deadline of October 5, 2026 applies for submission of written questions.

The engagement spans three fiscal years—2025-26, 2026-27, and 2027-28—with each annual audit contingent on satisfactory completion of the prior year's work. Qualified Certified Public Accountant firms must audit the Town's financial statements in accordance with Florida Statutes Section 218.39, Government Auditing Standards, GASB standards, GAAS, and applicable federal requirements including OMB Circular A-133 and the Federal Single Audit Act. Proposals must include mandatory licensing requirements, firm expertise demonstrated through at least three recent governmental audits with utilities experience, technical approach and auditing procedures, and cost of services with a "not to exceed" fee for each year submitted in seven copies.

The FY2025 audit fees are established at $50,000 for the standard audit and $4,000 for the Single Audit fee; proposers must structure pricing for subsequent years. The Town operates with a total all-funds budget of approximately $40.6 million, encompassing the General Fund ($14.59 million), Water & Sewer Fund ($6.85 million), Stormwater Fund ($15.39 million), and other funds. The scope includes preparation of all financial statements and footnotes, attendance at up to two public meetings annually, and technical advice at no additional charge for issues not requiring extensive research. Progress payments up to 80% may be billed monthly, with final payment upon receipt and acceptance of the audit report. The Town's Audit Committee will rank firms based on qualifications with price as a secondary consideration under Florida Statutes Section 218.391. The Town reserves the right to reject any or all proposals, request oral presentations, and negotiate modifications. Prospective proposers must acknowledge receipt of Addendum No. 1 (issued September 28, 2026) with their official response.