Financial Audit Services
- Client
- Ashland, MO.
- RFP Number
- ACCT-26975
- Posted
- 10/15/2026
- Category
- Auditing, Finance and Accounting
- Budget
- Looking for Proposals
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedThe City of Ashland, Missouri seeks a qualified professional firm to provide offsite financial audit services for a five-year contract period starting with the fiscal year ending April 30, 2027. Deliverables include independent auditor reports, audited financial statements, GAGAS or Uniform Guidance reports, management letters, and electronic PDF files. Applicants must be licensed, independent USA-based organizations in good standing, with appropriate quality management systems and customary professional liability insurance. Vendors must submit signed, sealed proposals to the Office of the City Treasurer by November 6, 2026, at 5:00 p.m., and all questions are due by October 29, 2026. Submissions must follow the required format, incorporating a transmittal letter, firm qualifications, staff resumes, references, required attachments, and a proposed five-year fee schedule featuring a not-to-exceed fee for each year. Evaluation criteria focus on municipal audit experience, utility operations background, staff availability, audit approach, responsiveness, and total cost to determine the best overall value for the City.
Key solicitation details
AI-extracted from City of Ashland Financial Audit Services RFP Clean.pdf. Confirm against the original documents before bidding.
The City of Ashland, Missouri is seeking proposals for financial audit services for a five-year contract period, starting with the fiscal year ending April 30, 2027. The audit must be performed by a Certified Public Accountant experienced in municipal auditing. Proposals are open to qualified public accounting firms licensed to practice in Missouri.
- Issued by
- CITY OF ASHLAND, MISSOURI
- Issue Date
- October 6, 2026
- Questions due
- October 29, 2026 no later than 5:00 p.m.
- Proposals due
- November 6, 2026 at 5:00 p.m.
- Commence examination
- on or after June 1, 2027
- Final deliverables due
- no later than September 30, 2027
- How to submit
- Sealed hard copy
- Submission details
- Clearly mark the outside of a SEALED envelope or package FINANCIAL AUDIT SERVICES PROPOSAL. Mail or deliver to the Office of the City Treasurer, Attn: Shelley Martin, 101 W. Broadway, P.O. Box 135, Ashland, MO 65010.
- Contract term
- Five (5) years, effective from the date of award, subject to annual appropriation of funds.
- Place of performance
- Ashland, MO
- Insurance and bonding
- The selected firm shall maintain insurance customary for professional audit services, including professional liability/errors and omissions coverage, in amounts acceptable to the City and provide evidence of coverage upon request.
- Funding
- 2 CFR 200 / Uniform Guidance
How proposals are evaluated
| Number and relevance of current municipal and other local-government clients | |
| Experience auditing water, wastewater, and other enterprise operations | |
| Governmental accounting, financial reporting, and consulting capabilities | |
| System of quality management, peer review results, and quality procedures | |
| Participation in governmental finance and municipal organizations such as MML, MFOTA, GFOA | |
| Experience, availability, continuity, and municipal expertise of the proposed audit team | |
| References and demonstrated performance on comparable engagements | |
| Proposed audit approach, schedule, responsiveness, and ability to meet required deadlines | |
| Clarity and completeness of the proposal, including any exceptions | |
| Fees and overall value to the City |
Scope of work
- Annual audit of the City's financial statements, records, activities, departments, and funds
- Evaluation and testing of internal control over financial reporting and compliance
- Testing of compliance with laws, regulations, contracts, grant agreements, and debt covenants
- Preparation or assistance with preparation of the City's Annual Comprehensive Financial Report (ACFR)
- Single Audit under Uniform Guidance if federal expenditure thresholds are met
- Management letter containing recommendations on internal controls, accounting procedures, and compliance
- Required communications to those charged with governance
- Reasonable consultation with City staff during the contract year regarding accounting and audit matters
Minimum qualifications
- Firm and engagement partner must be properly licensed and in good standing to practice public accounting in Missouri
- Firm must be independent of the City in fact and appearance under applicable professional standards
- Firm must maintain an appropriate system of quality management
Documents to include with the bid
- Table of Contents
- Signed Transmittal Letter and Authorization
- Audit Approach and Scope description
- Profile of the Firm
- Resumes demonstrating specific municipal and utility audit experience
- Most recent peer review report
- Governmental Experience and References from audits in the last three years
- Additional Information and Disclosures including conflict of interest disclosures
- Timing and Work Plan
- Completed and signed proposal cover/signature page
Verify important details
Document checkConfirm submission instructions and amendments with the issuing agency before responding.
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