Professional auditing services

Closed State & local contract opportunity

Solicitation number
377
State
California
Responses due

Opportunity facts

UNSPSC codes
Show all 47
Point of contact

Opportunity details come from procurement.opengov.com. Updated .

About this opportunity

Written by GovTribe AI ·

The City of Santa Monica is soliciting professional auditing services from certified public accountants to conduct comprehensive financial audits for fiscal years 2023-24 through 2027-28. The scope of work includes auditing financial statements for governmental and business-type activities, major funds, federal awards, and specific programs such as the Big Blue Bus Fund and Air Quality Improvement Program. Qualified proposers must be Certified Public Accounting Firms with a minimum of 5 years of recent relevant experience, participate in a peer review program, and provide current peer review documentation. The evaluation criteria are points-based across seven categories: experience (20 points), quality control (20 points), cost of services (20 points), ability to meet project workplans (15 points), value-added services (10 points), stability/references (10 points), and potential interviews (5 points). Key dates include a question submission deadline of September 8, 2023, proposal submissions due October 3, 2023, at 3:00 pm, and potential interviews scheduled for October 23-25, 2023. The contract will be a five-year term, subject to annual review and satisfactory performance, with the City reserving the right to award to the most advantageous proposal.

The procurement does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. Proposers located in or conducting business within Santa Monica must obtain a City business license and maintain professional liability insurance. The Living Wage Ordinance applies to contracts exceeding $54,200, requiring certification and compliance with a minimum wage of $19.73 per hour as of fiscal year 2023-24. Insurance requirements are comprehensive, mandating Commercial General Liability ($1,000,000 per occurrence), Automobile Liability ($1,000,000 per accident), Workers' Compensation, and Professional Liability insurance ($1,000,000 per occurrence with a $2,000,000 annual aggregate). While no specific budget range is provided, the contract requires a complete cost proposal with hourly fee schedules for all personnel, including fringe benefits and indirect costs. Subcontractors must meet the same insurance standards, with exceptions requiring written approval from the city's Risk Manager. The City of Santa Monica will be the primary contracting entity, with potential integration required with existing financial reporting systems and federal reporting requirements.

Opportunity text

The City of Santa Monica, (referred to hereafter as "the City") is soliciting the services of qualified certified public accountants to audit its financial statements for fiscal years 2023-24 through 2027-28. These financial statements are to be audited in accordance with all applicable accounting standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, and the U.S. Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments and Non-Profit Organizations.

Files

File Type Posted
PROFESSIONAL_AUDITING_SERVICES_(Addendum_#2_Revision).pdf PDF
PROFESSIONAL_AUDITING_SERVICES_(Addendum_#2_Revision).pdf PDF
PSA Insurance Template PL.docx DOCX document
PSA Insurance Template PL.docx DOCX document
PSA Contract Template.docx DOCX document
Proposer Checklist.pdf PDF
Proposer Checklist.pdf PDF
PSA Contract Template.docx DOCX document

On GovTribe

Work this opportunity

  • Track it in your pipeline
  • Similar opportunities
  • Ask GovTribe AI about this opportunity
Try for free Login