About this opportunity
AI summaryThe Town of Cedaredge, Colorado, is seeking proposals from Certified Public Accounting firms to provide annual professional audit services. The required scope includes assisting with audit planning, examining financial statements and management discussion and analysis, preparing the comprehensive annual financial report, issuing management letters on internal controls, and potentially conducting a Federal Single Audit. Work will be performed on-site for a contract term of up to five years, subject to annual budget appropriation, beginning with the fiscal year ending December 31, 2026. To be eligible, proposing firms must be US-based, hold significant municipal accounting and auditing experience, be current members of the AICPA and the Colorado Society of Certified Public Accountants, and have received a positive peer review within the past three years. Submissions must be sent electronically to [email protected] by 4:00 p.m. MDT on November 9, 2026, which is also the deadline for inquiries. Evaluation criteria include fee structure, reference checks, firm experience, engagement team qualifications, and past performance, with the Town Board scheduled to award the contract by November 19, 2026.
Buyer and opportunity details
- Client
- Town of Cedaredge
Scope of work
- Assist in annual audit planning including calendars, want lists, staff assignments, and workpaper formats
- Examine and express an opinion on the Town financial statements and Management Discussion and Analysis
- Prepare the Comprehensive Annual Financial Report and examine the Statistical Section
- Prepare and issue a Management Letter with internal control comments and recommendations
- Review and report specifically on material weaknesses in internal control
- Report on non-material weaknesses, non-material violations, and management recommendations
- Provide report preparation, editing, printing, and 15 bound copies plus electronic PDF
- Provide up to five hours per calendar year of accounting and tax consultation to Town staff
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Fee structure based on services and period provided | Not specified |
| Responsiveness to time schedule and scope of services | Not specified |
| Results of reference checks and past performance for other clients | Not specified |
| Responsibility and experience with municipal governments of similar size, scope, and nature | Not specified |
| Engagement team experience and key personnel resumes | Not specified |
| Degree to which proposal meets or exceeds RFP terms | Not specified |
Minimum qualifications
- Certified Public Accounting firm with significant governmental accounting and auditing experience at the municipal level
- Current member of the American Institute of Certified Public Accountants (AICPA)
- Current member of the Colorado Society of Certified Public Accountants
- Received a positive peer review within the past two (2) years
Documents to include with your response
- Cover letter signed by an authorized official
- Acceptance of conditions statement
- List of assigned personnel with resumes, work experience, formal education, and relevant background
- Statement verifying ability to comply with the timeline
- List of subcontracted work, if any
- List of at least five references with contact names, addresses, and phone numbers
- Written disclosure of any potential or existing conflict of interest
- Response to Scope of Services section
- Fee schedule with hourly rates, estimated hours, and not-to-exceed total cost for 3-year and 5-year contracts
- Proof of errors and omissions insurance with limits of liability of at least $1,000,000
Key dates
- Inquiries due
- November 9, 2026
- Proposals due
- 4:00 p.m. (MDT) November 9, 2026
- Anticipated award
- November 19, 2026
- Draft ACFR submission
- 1st of May
- Completed ACFR submission
- May 20th
- Printed report submission
- 1st Thursday of June each year
- Financial report presentation to Board
- no later than June 30 of each year
How to submit
- Method
- Electronic via email
- Instructions
- Submit electronically by email to [email protected] marked Request for Proposals-Audit Services prior to 4:00 p.m. (MDT) November 9, 2026.
Contract details
- Term
- 3-year (2026, 2027, 2028) or 5-year (2026, 2027, 2028, 2029, 2030) period, subject to annual budget appropriation
- Place of performance
- Cedaredge, CO or remote examination
- Insurance and bonding
- Errors and omissions insurance with limits of liability of at least $1,000,000 maintained for the duration of the contract period
