About this opportunity
AI summaryThe City of Georgetown seeks a qualified firm to provide financial statement preparation and independent financial statement auditing services, including Single Audit services if required. The selected contractor will prepare the Annual Comprehensive Financial Report and audit the city's financial statements for the fiscal years ending June 30, 2027, 2028, and 2029, with an optional one-year extension covering fiscal year 2030. Only onshore United States organizations are eligible to bid, and performance of the work will be offsite. Offerors must submit all questions directly through Bidnet by November 18, 2026. Proposals must be submitted electronically through the City's website on or before 3:00 PM EST on Wednesday, December 02, 2026, as the city will not accept hard copy, fax, or email submissions.
Buyer and opportunity details
- Client
- City of Georgetown
Scope of work
- Part I - Financial Statement Preparation
- Part II-A - Independent Financial Statement Audit and expression of opinion on basic financial statements
- Part II-B - Single Audit services and audit of SEFA if federal expenditures reach 1,000,000 dollars or more
- Preparation and setup of the Annual Comprehensive Financial Report (ACFR)
- Providing twenty bound copies of the ACFR and required basic financial statements
- In-relation-to reporting on combining and individual fund financial statements and supplemental information
- Advising the City on implementation of new accounting standards and specialized accounting questions
- Reporting of reportable conditions, material weaknesses, irregularities, and illegal acts
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Professional qualifications | Not specified |
| Relevant governmental audit experience | Not specified |
| Performance and independence | Not specified |
| Total proposed fee for the complete engagement (with and without Part II-B) | Not specified |
| Ability, capacity, and skill of the firm to perform the contract | Not specified |
| Ability to perform promptly or within the specified time | Not specified |
| Compliance with criteria, specifications, terms and conditions of the RFP | Not specified |
| Local vendor preference (5% bid-matching does not apply) | Not specified |
Minimum qualifications
- Certified public accounting firm
- Affirmative statement of independence as defined by professional standards
- Affirmative statement of license to practice in South Carolina
- Submission of the firm's most recent peer review report
- Key partner, supervisory, and staff qualifications and experience
Documents to include with your response
- Complete Mandatory Vendor Submittal Form - Local Vendor Preference
- Proposal Price Summary - Exhibit A
- Letter of Interest (signed letter of transmittal)
- Firm Qualification and Experience statement and recent peer review report
- Partner, Supervisory and Staff Qualifications and Experience documentation
- Independence affirmative statement
- License to Practice in South Carolina affirmative statement
Key dates
- Release Date
- Wednesday, November 04, 2026
- Deadline for questions
- no later than 3:00 PM EST (local time) on Wednesday, November 18, 2026
- Deadline for addendum or answer(s)
- no later than 3:00 PM EST (local time)
- Proposals due
- On or before 3:00 PM EST (local time) Wednesday, December 02, 2026
How to submit
- Method
- Electronic via the City website
- Instructions
- Submit electronically through www.georgetownsc.gov as one complete electronic copy, preferably in a single PDF file. Hard copy, fax, or email proposals are not accepted.
Contract details
- Term
- Initial engagement period of three (3) fiscal years covering fiscal years ending June 30, 2027, 2028, and 2029, with an option to extend for one (1) additional fiscal year ending June 30, 2030.
- Insurance and bonding
- Proof of insurance throughout contract term in the amount of $1,000,000.00, including Builder's Risk Insurance, with the City of Georgetown named as Additional Insured.
- Funding
- 2 CFR Part 200, Subpart F (Uniform Guidance); American Rescue Plan Fund; local appropriations