Request for Proposals Auditing Services

The City of Fulton, New York is requesting proposals for independent auditing services under a single audit engagement due January 20, 2026 at 2:00 p.m. at the City Clerk/Chamberlain's office, with an anticipated award by February 10, 2026.

The engagement covers the City of Fulton and the Fulton Community Development Agency and requires compliance with generally accepted auditing standards, Government Auditing Standards, Title 2 U.S. Code of Federal Regulations Part 200 (Uniform Guidance), the Single Audit Act Amendments of 1996, OMB Circular A-133, and the OMB Compliance Supplement. The awardee must deliver a draft audit report to the City for review in advance of any federally mandated filing deadline and final reports in sufficient time to meet all federal and state deadlines. Audit fieldwork will be performed at City offices. The scope includes reports on general financial statements, all OMB Circular A-133 required reports, and pertinent management reports. Proposals must identify audit managers and field supervisors with substantial single audit experience on governmental entities of comparable size and complexity, supported by professional profiles confirming CPA licensure and absence of substandard audit work records.

The engagement period is three years with an option for one additional year at the City's discretion, commencing with fiscal year 2024. The contract value is not specified in the source. No more than 75 percent of the contract price will be expended prior to receipt of final audit reports; the City will make reasonable progress payments during the engagement period. Proposals must include an all-inclusive audit fee in a sealed envelope and hourly rates for professional services outside normal audit scope, including accounting and management advisory services. Pricing must be quoted in U.S. dollars and remain firm for at least 60 days after submission. The incumbent is EFPR Advisory LLC, awarded the contract in 2022.