Professional Audit Services

The City of Utah is requesting proposals for professional audit services to conduct a comprehensive annual financial audit of the City's finances, with proposals due August 5, 2026.

The scope requires the selected firm to perform an annual audit of the City's financial statements in accordance with generally accepted auditing standards (GAAS) and Government Auditing Standards (GAS). The audit encompasses examination of all City funds, accounts, and financial transactions with particular attention to compliance with applicable laws, regulations, and contractual requirements. The auditor must prepare an audit report including the City's financial statements, a management letter, and findings or recommendations regarding internal controls and compliance matters.

The contract term is one year with the possibility of renewal options for additional audit periods, subject to satisfactory performance and mutual agreement. The City will evaluate proposals based on the firm's qualifications, experience with municipal audits, proposed audit approach, staffing plan, and cost-effectiveness. Pricing will be established through the competitive proposal process, with the selected firm submitting detailed cost estimates for the annual audit engagement. The contract will specify the scope of auditing procedures, reporting requirements, and deliverable timelines. Contract award is anticipated upon completion of the evaluation process and City Council approval.