About this opportunity
AI summaryThe City of Jersey City seeks proposals for accounting services, specifically the annual audit of financial statements and federal and state grant programs alongside other auditing services. The requested scope includes reviewing budget and financial documents, auditing municipal court funds and deferred compensation plans, evaluating internal controls, conducting grant-related audits, and delivering related financial consulting services. Bidders must submit questions online through BidnetDirect by November 24, 2026. Sealed proposals are due by 11:00 AM on December 1, 2026, and respondents must deliver one signed original, one redacted copy, and one USB flash drive containing both versions to the dedicated lockbox at the Division of Purchasing. Bidders must also provide New Jersey Business Registration Certificates. The initial contract term spans twenty-four months, with options to renew for up to three additional periods. Evaluators will score proposals up to 200 points based on proposed methodology (30 points), cost (30 points), required format (10 points), prior experience with similar cities (10 points), assigned personnel (10 points), and commitment to diversity (10 points).
Buyer and opportunity details
- Client
- City of Jersey City
Scope of work
- Perform the City's annual financial and compliance audit for calendar years ending 12/31/2026 and 12/31/2027
- Review the Annual Budget, Financial and Debt Statement prior to filing/adoption
- Evaluate internal controls and technical competencies by meeting with city staff
- Meet with the Finance Director and CFO at least three times to discuss audit plans and findings
- Provide comments and recommendations relating to any and all audit findings
- Perform audits of federal and state grant programs
- Provide financial consulting services related to public sector accounting
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Appropriateness of proposed methodology | 30 points |
| Cost | 30 points |
| Required Format | 10 points |
| Prior experience with similar cities | 10 points |
| Personnel assigned | 10 points |
| Commitment to Diversity | 10 points |
Minimum qualifications
- Must have a Registered Municipal Accountant (RMA)
- Significant experience in public sector accounting
- Prior experience with similar cities in size and complexity (e.g., population over 200,000 and budget $600M)
- Valid New Jersey Business Registration Certificate issued by the New Jersey Department of the Treasury
Documents to include with your response
- Title page and Table of Contents
- Executive Summary
- Project Approach, Organization, and Work Plan
- Key Dates & Deliverables
- Staffing, Resumes, and References
- Statement of Ownership Disclosure
- Non-Collusion Affidavit (Notarized)
- Addenda Acknowledgement Form
- Certification of Non-Involvement in Prohibited Activities in Russia or Belarus
- Disclosure of Investment Activities in Iran Form
Key dates
- Bidnet Go Live Date
- November 5, 2026
- Issuance of Request for Proposals
- 11/5/26
- Questions due
- at least seven (7) days prior to the date fixed
- Receipt of Proposals
- Tuesday, December 1, 2026, at 11:00 AM
- Opening of proposals
- 11:00 a.m. prevailing time on Tuesday, December 1, 2026
How to submit
- Method
- Sealed hard copy delivered to dedicated lockbox and USB flash drive
- Instructions
- Deliver one signed original and one redacted copy in hard copy, plus one signed original and one redacted version on a USB flash drive, to City Hall, Division of Purchasing, 280 Grove Street, 1st Floor, Room 116, Jersey City, NJ 07302. Hand delivery or mail only; maximum length of 30 pages strongly suggested.
Contract details
- Term
- Twenty-four (24) months, with options to renew for up to three (3) additional one-year periods.
- Place of performance
- Jersey City, New Jersey
- Insurance and bonding
- Excess Liability in the amount of $5,000,000 in the form of an Umbrella policy excess of Commercial General, Auto Liability, and Employers Liability; Workmen's Compensation; Cyber Liability; and Professional Liability kept in force until at least three years after completion.