Financial Audit Services

The City of New Westminster is seeking a qualified, independent professional firm to provide annual financial auditing services for a potential term of five years. The selected firm will be responsible for conducting external audits of the City's annual financial statements in accordance with Canadian public-sector accounting standards and Section 169 of the Community Charter. The scope of work follows a strict annual schedule, beginning with planning and interim audits in October and November, followed by a year-end field audit in February. Key deliverables include the Consultant's Audit Report and Management Letter by mid-March, with final audited financial statements presented to City Council by March 31st and submitted to the Minister of Community, Sport and Cultural Development by May 15th. Proposals must be submitted electronically via the bidsandtenders.ca portal by 3:00 PM local time on October 15, 2026. Mandatory requirements for submission include a company profile, municipal references, an affirmative statement of independence from the City, and confirmation that all professional staff are licensed to practice in British Columbia. The City will evaluate respondents based on pricing, capabilities, experience, and a qualitative value-add assessment of the project team. Strict data protection and confidentiality requirements are in place, requiring compliance with the Freedom of Information and Protection of Privacy Act. All personal and confidential information must be stored and accessed exclusively within Canada, and the firm must implement robust security measures, including SSL or VPN encryption and unique user authentication. Additionally, respondents are asked to provide a declaration as a Living Wage Employer and must sign an Information Sharing and Confidentiality Agreement.