This Solicitation opportunity from Rhode Island was posted on June 5, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Financial Audit Services and AgreedUpon Procedures

Closed

RFP # 24605State & Local

Submission Closed06/21/2024, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541211

New

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THE PROVISION OF EXTERNAL AUDIT SERVICES FOR 2 COUNCIL OWNED COMPANIES

Solicitation # ocds-h6vhtk-079079

The Borough Council of King's Lynn & West Norfolk is soliciting comprehensive external audit services for two council-owned companies, West Norfolk Housing Company Ltd and West Norfolk Property Ltd. The contract is designed to commence on January 1, 2027, focusing on the audit of accounts for the 2026/2027 financial year ending March 31, 2027. The agreement features an initial two-year term with an option to extend for an additional two years, ending March 31, 2031. To maintain the contract, the provider will be formally re-appointed annually subject to approval by the Board of Directors or the Audit and Governance Sub-Committee. The scope of work includes the planning and execution of annual external audits and coordination with the Council's external auditors, currently Ernst Young, regarding group accounts. Notably, West Norfolk Property Ltd utilizes Quickbooks and is accounted for under IFRS16. The award will be based on the most economically advantageous offer, with a weighting of 60 percent for price and 40 percent for quality. Quality evaluation focuses on methodology, proposed KPIs, innovation in service delivery, succession planning, and the qualifications of the Senior Representative and Audit Manager. Bidders must pass mandatory criteria regarding the Standard Selection Questionnaire and the ability to meet specified timescales. Required submission documents include a Tender Response Form, a Non-Collusion Certificate, and the Standard Selection Questionnaire, all to be uploaded via the Delta eSourcing portal by November 23, 2026. The successful contractor must maintain property damage insurance of at least 5 million pounds and adhere to strict data protection and confidentiality standards. Payment terms are set at 30 days from receipt of a valid invoice, though a shorter 10-day window is targeted for suppliers headquartered within the borough boundary.

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POSTED

4 days ago

DEADLINE

in about 1 month

AI Contract Overview

The Town of Smithfield in Rhode Island is seeking proposals from qualified firms to provide comprehensive financial audit services for a one-year period beginning June 30, 2024. The scope of the audit includes both the Town and its School Department, ensuring compliance and accuracy in financial reporting. The contract offers an option for two additional one-year extensions, covering the fiscal years ending in 2025 and 2026, allowing for ongoing oversight and auditing continuity. The solicitation, identified as RFP # 24605, was posted on June 5, 2024, with a deadline for responses set for June 21, 2024. The project budget ranges from $50,000 to $200,000, reflecting the scope and complexity of the services required. Interested parties can access further details and submit proposals through the designated online portal.

General Info

Agency

Rhode Island → Town of Smithfield

NAICS

541211 - Offices of Certified Public Accountants

Place of Performance

RI, USA

Set-Aside

NONE

Documents

No documents available

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Timeline

PhaseClosed

PostedJun 5

Solicitation

Response DeadlineJun 21

Deadline has passed

Submission Closed

06/21/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyRhode Island → Town of Smithfield

ContactsNo contacts available

OfficeN/A

Organization / AgencyRhode Island → Town of Smithfield

Office AddressN/A

ContactsNo contact information available

Full Description

The Town of Smithfield in Rhode Island is inviting proposals for financial audit services for a period of one year, starting from June 30, 2024. There is an option for two additional one-year extensions for fiscal years ending in 2025 and 2026. The audit will cover the Town and its School Department. The Town is re-issuing this Request for Proposals (RFP) to solicit interested parties.