Las Virgenes Municipal Water District Opengov #2026-RFP-054

Independent CPA audits for LVMWD, TWSD, and their joint authorities

Las Virgenes Municipal Water District and Triunfo Water and Sanitation District seek an independent CPA firm for recurring audits of four related public entities. - Government buyers: Las Virgenes Municipal Water District (LVMWD), Finance Department, jointly soliciting with Triunfo Water and Sanitation District (TWSD). - Requested service: Four separate annual financial statement audits and reports for LVMWD, TWSD, the Las Virgenes-Triunfo Joint Powers Authority (JPA), and the Las Virgenes-Triunfo Public Financing Authority (PFA). One firm will work under two separate contracts: LVMWD’s contract covers LVMWD, JPA, and PFA; TWSD’s covers TWSD. - Scope and requirements: Audits under U.S. GAAP, applicable Government Auditing Standards work, required supplementary information procedures, interentity coordination, governance communications, and Federal Audit Clearinghouse reporting assistance. Single Audit work under 2 CFR Part 200 is required when applicable. - Other audit work: May include opening balances and predecessor-auditor procedures, and consideration of capital assets, grants, debt, investments, interentity allocations, pensions, OPEB, leases, and subscription arrangements. Routine audit-related consultation is included; additional services require advance written authorization. - Qualifications and pricing: The firm and key personnel must hold California licenses, maintain independence, and demonstrate relevant governmental audit experience. Pricing is requested separately by entity and contract, with all-inclusive maximum annual fees; the cost schedule also requests preparation-assistance increments, conditional Single Audit fees by entity and assumed major programs, and fees per additional major program. - Term: Three initial fiscal years, with two separately exercisable one-year renewal options for each district’s contract. - Organizations named: No prospective audit firm or selected service vendor is identified. California Public Employees’ Retirement System (CalPERS), California Employers’ Retiree Benefit Trust (CERBT), and Lincoln Financial Group are referenced in connection with pension or OPEB arrangements, not as bidders or audit providers. - Products/OEMs: No products, part numbers, or quantities of goods are requested; no OEMs are identified.

Description

Las Virgenes Municipal Water District and Triunfo Water and Sanitation District are jointly seeking one independent certified public accounting firm to conduct four separate annual financial statement audits for LVMWD, TWSD, the Las Virgenes-Triunfo Joint Powers Authority, and the Las Virgenes-Triunfo Public Financing Authority. The selected firm will execute two separate contracts, one covering the LVMWD, JPA, and PFA audits and one covering the TWSD audit. Work includes required audit reporting and, when applicable, Single Audit procedures; the initial term covers fiscal years ending June 30, 2027 through 2029, with one-year renewal options for 2030 and 2031. Proposals must be submitted electronically through the Procurement Portal by December 4, 2026, at 5:00 p.m. Pacific Time.

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