RFP for Auditing Services

The Village of Lexington in Sanilac County, Michigan, is soliciting proposals for professional auditing services through a Request for Proposals (RFP) for fiscal years ending June 30, 2025, 2026, and 2027, with an option to renew for two additional years. The procurement seeks a certified public accountant firm to conduct an independent audit of the village's financial statements, adhering to generally accepted auditing standards and the federal Single Audit Act of 1996. Proposers must demonstrate qualifications including independence, Michigan licensing, staff experience, and a comprehensive audit approach. The evaluation criteria will assess mandatory elements, expertise, audit methodology, and pricing. Proposals are due by 2:00 PM on March 14, 2025, with an evaluation period from March 14-24, 2025, and expected board award on March 24, 2025. The selected auditor will be responsible for expressing an opinion on financial statement presentation, performing supplementary procedures, and posting GASB 34 entries. Deliverables include draft financial reports due by October 31st and final reports to be delivered by November 15th annually.

The RFP does not explicitly mention specific set-aside designations or restrictions on respondent types. The Village of Lexington will provide workspace, internet access, and assistance during the audit process. While no incumbent vendor is specified, the contract represents a three-year engagement with potential two-year renewal, suggesting stability for the selected firm. The RFP does not disclose a specific budget range or award value, which indicates that pricing will be a competitive component of the proposal evaluation. The village serves 945 residents and manages critical infrastructure including water supply to neighboring communities, a full-time police department, an on-call fire department, a Downtown Development Authority (DDA), and a municipal mobile home park. Prospective vendors should be prepared to demonstrate extensive experience in governmental auditing, with a particular focus on small municipal environments with diverse operational responsibilities.