RFP-MCD-FIN-RFP-FY26-001-Independent Financial Audit Services for the City of McDonough, GA

The City of McDonough, Georgia Finance Department is soliciting sealed proposals from qualified Certified Public Accounting (CPA) firms to provide independent financial audit services through RFP-MCD-FIN-RFP-FY26-001. The procurement encompasses comprehensive audit services including General Ledger audits, internal control evaluations, compliance testing, federal Single Audit services if applicable, and State of Georgia-specific reporting requirements including Special Purpose Local Option Sales Tax (SPLOST) verification. The selected firm will provide annual financial audit services for three consecutive fiscal years ending June 30, 2025, 2026, and 2027, with options for two additional one-year renewal terms, with the contract anticipated to begin with the fiscal year ending June 30, 2026 and continue through June 30, 2028. Final audit reports must be issued no later than June 30 following the close of each fiscal year. Proposers must submit one sealed original hard copy and one electronic PDF copy on a USB drive to 136 Keys Ferry Street, McDonough, GA 30253 by June 2, 2026 at 3:00 p.m. EST, with questions due by May 22, 2026 at 2:00 p.m. EST. The City will evaluate proposals based on technical qualifications (25%), relevant governmental audit experience (25%), staffing qualifications (20%), past performance references (15%), and proposed pricing (15%). Required qualifications include Georgia CPA Firm License, internal quality control procedures for governmental audits, participation in external peer reviews every three years, compliance with Government Auditing Standards and AICPA professional standards, capability to perform federal audit work under the Single Audit Act and Uniform Guidance, and maintenance of audit workpapers for a minimum of five years.

No specific set-aside designations or restrictions limiting organizational types are identified in the solicitation documents. Proposers must submit cost proposals separately from technical proposals using firm and fixed pricing across multiple service categories, including annual audit fees for each fiscal year, detailed cost breakdowns by audit phase or deliverable, hourly billing rates by labor category (Partner, Manager, Senior Auditor, and Staff Auditor), estimated hours by classification, and pricing for optional services. Professional liability insurance of $1,000,000 per claim and commercial general liability insurance of $1,000,000 per occurrence are required, with the City named as an additional insured. All pricing must remain valid for a minimum of 120 days from proposal submission. The City of McDonough's FY 2024 Annual Financial Report demonstrates substantial financial operations with total net position of $138,524,421, total governmental fund balance of $65,642,860, government revenues of $55,361,503, and governmental expenditures of $38,369,679, providing context for the scope and complexity of the audit engagement. No specific award value or budget range is disclosed in the solicitation documents; however, the City reserves the right to negotiate scope, staffing, deliverables, fees, and contract terms with the highest-ranked proposer.