City of Elgin Ionwave #RFP 26-031

City of Elgin Seeks Professional Auditing Services for FY 2026

The City of Elgin Finance Department is seeking proposals from qualified certified public accounting firms for professional auditing services covering the City's financial statements for the fiscal year ending December 31, 2026. - Government Buyer: - City of Elgin, Finance Department (Chief Financial Officer's Office) - Scope of Services: - Comprehensive audit of the City's financial statements for FY 2026 - Includes compliance audits, internal control assessments, and preparation of required reports - Audits must comply with U.S. Generally Accepted Auditing Standards (GAAS), Government Auditing Standards, and all relevant federal and state requirements - Contract Structure: - Initial term of one year, with up to four one-year renewal options based on performance and funding - Not-to-exceed fee structure - Vendor Requirements: - Firms must demonstrate qualifications, independence, and relevant experience - Submission of various compliance forms (affirmative action, sexual harassment policy, tax/collusion/debarment, etc.) - Electronic proposal submission only; no paper or email submissions accepted - Notable Requirements: - Compliance with local purchasing preference, affirmative action, and equal employment opportunity policies - Audit fieldwork to begin no earlier than late March following the fiscal year, with final reports due by early May - No specific OEMs or product part numbers are referenced, as this is a professional services procurement.

Description

The City of Elgin is requesting proposals from qualified firms of certified public accountants to audit its financial statements for the fiscal year ending December 31, 2026. The scope includes providing professional auditing services under the direction of the City's Chief Financial Officer. The City reserves the right to reject any or all proposals or parts thereof and to waive informalities if deemed in the City's best interest. Proposals must be submitted via the City's web portal by August 14, 2026, at 3:00 pm CT, and questions must be submitted in writing by August 6, 2026.

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