Financial Audit Services

The contract involves Lane Education Service District (Lane ESD) seeking proposals from qualified independent certified public accounting firms to conduct annual financial audits for itself and four associated school districts in Oregon, including Blachly, Marcola, McKenzie, and South Lane. The audits must be performed in accordance with U.S. generally accepted auditing standards, Government Auditing Standards, the Uniform Guidance, and Oregon Revised Statutes. The procurement aims to establish a three-year contract beginning with the fiscal year ending June 30, 2026, with options for two additional one-year extensions. Proposals are due by December 4, 2025, and the selected firms will be responsible for delivering comprehensive audit reports, including financial statements, compliance reports, and management letters, by the first Monday in January following each audit year. The estimated contract value ranges from $50,000 to $200,000 annually, with the final fee structure to be proposed by respondents. The solicitation emphasizes a best-value, trade-off evaluation process, with five equally weighted factors: understanding of the engagement, approach to the examination, relevant experience with school districts, staffing qualifications, and proposed fees. Each proposal must demonstrate a clear understanding of the scope, including the use of governmental auditing standards, and detail the approach, staffing, and timeline. Proposers are also required to certify compliance with Oregon tax laws and residency requirements. The contract stipulates that work will be performed primarily at the districts’ locations within Oregon, with deliverables including draft and final reports, work papers, and supporting documentation. The process is governed by specific administrative and procedural guidelines, including proposal formatting, submission deadlines, and the right for each district to independently award the contract based on the proposals received.