What the buyer needs
AI summaryThe Town of Washington, Vermont requests proposals from qualified CPA firms to conduct a full audit of the town's books for fiscal year June 1, 2025, through June 1, 2026. The auditor will review QuickBooks user access, audit trails, traceability of special funds, budget-to-actual mapping, deficit and surplus verifications, and provide actionable recommendations in a final management letter. Eligible bidders must be USA organizations and licensed CPAs in Vermont with strict independence, proven compliance with Government Auditing Standards and Uniform Guidance, external peer review reports, staff profiles, insurance coverage, and five references. The project carries a budget of up to $25,000.00 with completion required by May 1, 2027. Bidders must hand-deliver proposals to the Town Clerk or place them in the drop box at Town Hall by December 7, 2026. The Board will review bids and check references for one week before awarding the contract at a special meeting.
Scope of work
- Review QuickBooks audit trail to verify internal accounting controls are sound
- Evaluate tracking of special funds such as state grants, FEMA, ARPA, highway funds, and capital reserves
- Audit the process of entering and tracking voter-approved budget in QuickBooks
- Review line-item over-expenditures and treatment of unexpended funds under Vermont rules
- Provide final management letter with recommendations for QuickBooks workflows and reporting
Minimum qualifications
- Certified Public Accountant (CPA) licensed to practice in the State of Vermont
- Strict independence from the municipality or organization
- Proven track record conducting audits complying with Government Auditing Standards and Federal Uniform Guidance
- Principal supervisory and management staff with specific years of government auditing experience
- 5 References for similar size contracts
Documents to include with your response
- Proof of CPA license to practice in the State of Vermont
- Statement of strict independence from the municipality or organization
- Copy of most recent external quality control / peer review report
- Profiles of principal supervisory and management staff assigned to contract
- 5 References for similar size contracts
- Certificate of Insurance (COI)
How to submit
- Method
- Drop off at box or hand delivery
- Instructions
- Dropped off at the Box at the Town Hall or hand delivered to the Town Clerk at 2895 Route VT 110, Washington, VT 05675