Hutchinson Ionwave #2026-33 Addendum 1

Hutchinson seeks annual financial statement and required single-audit services

The City of Hutchinson, Kansas, is seeking a qualified accounting firm to audit its financial statements and conduct any legally required single audits. - Government buyer: City of Hutchinson, Kansas — Finance Department. - Services requested: Full-scope annual financial statement audits and single audits when legally required. The City prepares its financial statements, schedules, footnotes, and Schedule of Expenditures of Federal Awards; the auditor reviews the materials, performs the audits, and issues opinion letters. - Reporting and audit requirements: Provide a separate management letter addressing reportable conditions and respond to reasonable staff questions about significant governmental reporting changes. Follow applicable generally accepted auditing standards, the Kansas Municipal Audit Guide, and other applicable governmental and single-audit standards. - Engagement details: The initial engagement covers FY 2026, with options for FY 2027 and FY 2028 and possible extensions for FY 2029 and FY 2030. Price annual audits and single audits separately and account for potential new funds. Fieldwork typically includes two periods with about 2–3 onsite days each; additional work may be needed for a single audit. Draft reports are expected by July 1, with final reports and management letters due in July, and the City prefers presentation to the council in July or at its first August meeting. - Potential single-audit workload: A single audit is considered unlikely for FY 2026; Moderate Income Housing may trigger one in FY 2027. Historical single audits have included airport FAA grants. - Named organizations and systems: No audit firm or audit-services vendor is named. The City uses Enterprise ERP (formerly Munis) for finance operations; it is contextual information, not a requested product. - Products and quantities: No products, part numbers, or fixed service quantities are specified.

Description

The City of Hutchinson, Kansas is seeking proposals from qualified accounting firms licensed to practice in Kansas for its annual full-scope audit and any single audits required by law. The engagement covers the fiscal year ending December 31, 2026, with options for subsequent two-year periods and possible extensions through 2030. The City’s Finance Department prepares the financial statements, schedules, and footnotes; the auditor will review them and provide opinion letters. The RFP also specifies audit standards, management-letter reporting, and deadlines for draft and final reports.

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