RFQ# 26-002 External Financial Auditing Services
Closed State & local contract opportunity Posted
- Solicitation number
- RFQ# 26-002
- State
- Texas
- Responses due
Opportunity facts
- Jurisdiction
- NIGP codes
Opportunity details come from tccd.bonfirehub.com. Updated .
About this opportunity
Tarrant County College District (TCCD) in Texas has issued Request for Qualifications (RFQ) 26-002 seeking a qualified independent certified public accounting firm to provide comprehensive external financial auditing services. The primary deliverables include annual audits of the College's financial statements, issuance of the Annual Comprehensive Financial Report (ACFR), and required federal and state compliance audits conducted in accordance with Government Auditing Standards, Uniform Guidance requirements, and State of Texas reporting requirements. TCCD is a multi-campus community college district with five physical campuses, one online campus, and five learning and administrative centers operating under a fiscal year 2025-2026 budget of $665,643,637. Proposals will be evaluated using a weighted criteria system consisting of Project Understanding, Approach, and Management (30 percent), Quality and Experience of Personnel (25 percent), Qualifications and Experience of Firm (30 percent), and Business Questionnaire (15 percent). Respondents must demonstrate a minimum of five years of auditing services experience, hold a current CPA license in good standing with no disciplinary actions, maintain independence requirements, and provide at least five references from similar projects completed within the past three years, preferably from colleges or public sector accounts of comparable or larger size. The written questions deadline is March 13, 2026 at 2:00 PM Central Time, with proposal submissions due electronically through the Bonfire/Euna e-Procurement platform by March 24, 2026 at 2:00 PM Central Time. Interim field work is scheduled for the last two weeks of July, with fall field work occurring from late September through November; the draft audit is due by the third week of November and final audit completion is required by January 1.
The RFQ does not specify formal set-aside designations for disadvantaged enterprises, though TCCD requires completion of MWBE/HUB specification forms as part of the submission process. No incumbent vendor or current contractor information is identified in the procurement documents. All selected firms must comply with significant insurance requirements, including Commercial General Liability coverage with limits of $1,000,000, Automobile Liability coverage with a combined single limit of $500,000, and Workers' Compensation coverage meeting statutory limits; TCCD must be named as an additional insured on applicable policies, and a 30-day notice of cancellation clause is mandatory. The selected firm must also comply with House Bill 1295 disclosure requirements by submitting a notarized Certificate of Interested Parties (Form 1295) within two days of selection notification. The initial contract term is up to two years with options to extend for up to three additional one-year periods, subject to mutual agreement and satisfactory contract negotiations; the RFQ specifies that fee negotiations will occur only after the most highly qualified firm is selected based on demonstrated competence and qualifications, with no specific contract value disclosed in the procurement materials. Proposals must remain valid for a minimum of 180 days after the submission deadline, and TCCD reserves the right to extend services on a month-to-month basis at then-current rates for up to three months if necessary for continuity purposes.
Opportunity text
The purpose of this Request for Qualifications (RFQ) is to identify a qualified independent certified public accounting firm to provide external audit services for Tarrant County College District (TCCD or "the College"), including the annual audit of the College's financial statements and issuance of the Annual Comprehensive Financial Report (ACFR), as well as required federal and state compliance audits. Services must be performed in accordance with applicable professional standards, Government Auditing Standards, Uniform Guidance requirements, and State of Texas reporting requirements. The College seeks a firm with demonstrated experience auditing public higher education institutions and governmental entities, and with the capacity to provide timely, technically sound, and well-coordinated audit services. TCCD values an engagement approach that emphasizes proactive communication, schedule discipline, secure handling of confidential information, and practical guidance on the implementation of new GASB and FASB standards. Responses should reflect an understanding of the regulatory and operational environment of a multi-campus community college district, including compliance with federal and state requirements, internal control frameworks, and the evolving financial reporting landscape impacting public institutions of higher education.
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