Financial Audit Services

Seattle City Light is soliciting proposals for Financial Audit Services under solicitation number SCL767089804. The selected consultant will be responsible for performing annual audits of City Light's financial statements for a five-year period from December 31, 2027, through 2031. The primary objective is to provide an opinion on the fairness of the financial statements and ensure conformity with accounting principles generally accepted in the United States. Deliverables include audit reports performed in accordance with GAAS and GAGAS, including reports on internal control over financial reporting and compliance, which must be delivered to the controller by April 30 of the following year to satisfy bond covenants. Proposals are due by December 18, 2026, and must be submitted electronically via the City's procurement portal. Evaluation is based on a weighted scoring system: Approach to Scope of Work (25%), Narrative of Related Experience (20%), Resume of Key Project Team (17%), Risk Assessment (15%), and Cost Proposal (10%). The City may also conduct interviews and contact references to determine the final award. Contractors must comply with strict administrative and legal requirements, including Seattle Municipal Code Chapter 14 labor standards regarding paid and sick time, Title II of the ADA, and non-discrimination regulations. A key component of the solicitation is the WMBE Inclusion Plan, requiring the integration of Woman and Minority Business Enterprises. Required submission materials include a Consultant Questionnaire, a WMBE Inclusion Plan, and a detailed cost proposal. Invoices are to be submitted electronically, with payment typically issued within thirty calendar days of receipt.