What the buyer needs

AI summary

The Town of Greenwood, Delaware seeks competitive proposals from qualified Certified Public Accounting firms or professional financial advisory entities to deliver municipal accounting, financial consulting, and audit support services. The requested scope entails monthly account reconciliations and routine accounting, prior year audit support, strategic financial consulting, and internal control guidance. Only USA organizations with at least five years of verifiable local government accounting experience, demonstrated GASB expertise, and no personal or financial conflicts of interest are eligible. Bidders must submit proposals digitally via email or online by November 10, 2026, at 4:00 PM EST. The text does not state the evaluation criteria, question deadlines, contract term, or total budget.

Scope of work

Perform monthly reconciliations for all Town bank accounts, investment accounts, and interfund balances
Review and reconcile general ledger accounts, accounts payable, accounts receivable, and payroll clearing accounts
Prepare necessary journal entries and adjust ledger entries in accordance with GASB standards
Assist Town staff in preparing schedules, workpapers, and supporting documentation for the annual independent audit
Serve as a liaison and technical advisor to the independent external auditor
Provide ongoing, on-demand financial and accounting advisory services to the Town Manager
Conduct rate studies or fee evaluations for municipal enterprise funds as requested
Evaluate financial workflows, internal controls, and segregation of duties across Town departments

Minimum qualifications

Licensed and experienced Certified Public Accounting (CPA) firm or professional financial advisory entity
Minimum of five (5) years of verifiable experience providing financial/accounting services to local government entities
Demonstrated expertise with GASB principles and state municipal finance statutes
Absence of any personal or financial conflicts of interest with Town officials or staff
Onshore (USA Organization Only)

Documents to include with your response

Executive summary detailing firm history, structure, and relevant municipal practice
Licenses and proof of good standing
Resumes and credentials of key team members assigned
Work plan detailing execution of reconciliations, audit prep, and process improvement consulting
Proposed communication protocols, timelines, and quality control procedures
Complete fee schedule including monthly retainer, hourly rates, and out-of-pocket expenses
Contact information for at least three (3) current or recent municipal client references

How to submit

Method: Digitally via Email or Online
Instructions: Submit response digitally via Email or Online organized logically into designated sections.