Auditing Services 2026-2030

The City of Shelton, Connecticut, is soliciting proposals from qualified certified public accounting firms to perform annual financial statement audits for the fiscal years ending June 30, 2026 through June 30, 2030, with a potential two-year extension by mutual agreement. The services involve comprehensive audits in accordance with Generally Accepted Accounting Principles (GAAP), Government Auditing Standards (GAGAS), the Connecticut Single Audit Act, and related federal and state regulations. The scope includes adherence to insurance requirements, background checks for personnel working onsite, and submission of required documentation such as Comprehensive Annual Financial Reports (CAFRs). The contract is structured with lump-sum line items for each audit year; however, specific pricing details are not provided in the solicitation. Proposals must be submitted electronically via the City’s procurement portal by May 14, 2026, and must include certifications such as a Non-Collusion Affidavit, proof of insurance, experience records, and client references. Evaluation follows a Lowest Price Technically Acceptable (LPTA) model where firms must meet mandatory thresholds including an Experience Modification Rating (EMR) of 1.0 or less, and required insurance coverage. Special contract provisions require compliance with suspension and debarment regulations, Connecticut affirmative action and non-discrimination statutes, and tax bonding for non-resident contractors. The contractor must adhere strictly to City-imposed background check policies disqualifying certain individuals from work on City property. Contract administration data such as payment offices or federal acquisition clauses typical in federal contracts are not included, reflecting the municipal nature of the procurement. The contract prohibits assignment without prior written consent, requires submission of the CAFR in PDF format, and reserves the right for the City to reject bids that do not conform to its specific experience, legal, and insurance standards.