Request for Proposal - Professional External Audit Services - FIN

The Hampton Roads Sanitation District (HRSD), a political subdivision of the Commonwealth of Virginia, is seeking sealed proposals for professional external audit services through a Request for Proposal (RFP). The selected firm will be required to provide opinions on HRSD's financial statements prepared in accordance with accounting principles generally accepted in the United States, as well as potentially perform single audits, Virginia Department of Environmental Quality reviews, and provide advice on implementing Governmental Accounting Standards Board (GASB) pronouncements. The contract period is estimated to start on June 1, 2024 and run through May 31, 2025, with HRSD reserving the option to extend for four successive one-year periods through May 31, 2029. A pre-proposal conference will be held via Microsoft Teams on January 31, 2023, and responses are due by February 5, 2024 at 2:30 PM Eastern Time. Pricing information is not required to be submitted with the initial response, and nonbinding cost estimates will be discussed during the proposal discussions.

HRSD is not specifying any set-asides or preferences, and is seeking to establish a contract through competitive negotiations with a qualified firm to provide the required audit services. The RFP does not specify any incumbent vendors or current contractors, and does not mention any existing infrastructure or technology that requires integration. The RFP does not provide any information on the possible award values or budget ranges.