RFQ 2026-010 Financial Audit Services

The City of Burleson, Texas, located in Johnson County, is seeking Statements of Qualifications (SOQs) from qualified certified public accounting firms to perform comprehensive financial audit services for fiscal years 2026, 2027, and 2028, with an option to extend auditing services for two additional subsequent years. The selected firm will be responsible for auditing the City's financial statements, which encompass approximately $160 million in annual operating expenditures across 29 governmental and enterprise funds. Audits must be conducted in accordance with Generally Accepted Auditing Standards (U.S. GAAS), Government Auditing Standards (GAGAS), the Federal Single Audit Act Amendments, and Uniform Guidance. Evaluation criteria include Experience and Qualifications (40 points), Audit Team and Staffing Plan (25 points), Audit Approach and Responsiveness (20 points), and References (15 points), with potential additional points from interviews. Key procurement dates include a virtual pre-submittal meeting on January 20, 2026, at 9:00 AM, a deadline for questions on January 23, 2026, at 3:00 PM, and SOQ submissions due electronically by January 29, 2026, at 2:00 PM.

Minimum requirements for firms include Texas licensure as an independent CPA firm, demonstrated experience auditing Texas municipalities under U.S. GAAS and GAGAS, and a passing rating on the most recent external peer review. The procurement includes several compliance requirements related to Texas state laws, including prohibitions on boycotting Israel, conducting business with Iran, Sudan, or foreign terrorist organizations, and restrictions on ownership by citizens or entities from certain countries. The selected firm must assist in preparing the City's Annual Comprehensive Financial Report, provide ongoing advisory guidance on accounting standards, deliver draft and final audited financial reports by specific deadlines, and retain working papers for a minimum of five years. Firms must also complete mandatory documentation including Form W-9, Form 1295 Certificate of Interested Parties, and a Conflict of Interest Questionnaire. While no specific budget range is explicitly stated, the complexity of auditing a municipality with $160 million in annual operating expenditures suggests a substantial professional services contract. Projected timeline includes potential interviews the week of February 9, 2026, with a tentative recommendation to the City Council on March 23, 2026.