Annual Contract for Financial Audit of Tarrant County

Tarrant County is seeking proposals from qualified external 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 assess 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 twelve-month period, starting from the date of 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. The total contract value is estimated to range between 500,000 and 2,000,000 dollars, and prices must remain firm throughout the contract duration. The procurement process emphasizes compliance with policies promoting equal opportunity for Historically Underutilized Businesses (HUBs), with a target of achieving at least 20% HUB participation. Tarrant County reserves the right to exercise renewal options through written notification, requiring vendors to submit necessary documentation within specified timeframes to maintain eligibility for renewal. The contract’s scope, terms, and renewal conditions are detailed to ensure transparency and competitiveness. The selected vendor will be responsible for providing comprehensive audit services, including examining financial statements and internal controls, to support the county’s financial integrity and accountability. The procurement is managed by the Tarrant County Purchasing Department, with a designated point of contact for inquiries and contract administration.