Annual Contract for Financial Audit of Tarrant County

Tarrant County is seeking proposals from qualified outside accounting firms to conduct an external financial audit of the county government’s financial systems and internal controls. The primary objective of this engagement is to review and evaluate the various funds and account groups within the county, culminating in an opinion on the accuracy and fairness of the county’s financial statements. The contract is initially set for a period of twelve months, commencing upon award or notice to proceed, with the possibility of renewal for up to five additional one-year terms, contingent upon mutual agreement and the submission of updated documentation by the vendor within specified timeframes. The total contract value is estimated to range between $500,000 and $2,000,000, and prices must remain fixed throughout the contract duration. The procurement process emphasizes compliance with policies promoting equal opportunity, including the inclusion of Historically Underutilized Businesses (HUBs), which are encouraged to participate in the bidding process with a targeted goal of 20%. The contract details specify that renewal options require written notification and submission of current documentation by the vendor at least 30 days prior to the renewal period. The solicitation is managed through the Tarrant County Purchasing Department, with a designated point of contact for inquiries. The comprehensive documentation and related policies aim to ensure transparency, competitive bidding, and adherence to legal and administrative standards, ultimately supporting the county’s financial oversight and accountability objectives.