Independent Financial Assessment, Governance Review, and Financial Recovery Services

The Jacksonville Transportation Authority (JTA) is soliciting proposals for an independent accounting, auditing, or financial advisory firm to conduct a comprehensive financial assessment, governance review, and financial recovery project. The selected firm will be tasked with identifying the causes of financial deterioration through a root cause analysis of revenues, expenditures, and management decisions, while constructing an evidence-based chronology of leadership transitions and financial changes. Key deliverables include a reconciled financial baseline, a detailed recovery roadmap featuring a corrective action register, editable financial models, and an integrated findings report. The engagement covers a review period spanning fiscal years 2024 through 2026, with additional activity from fiscal year 2027. This is a best-value competitive source selection awarded based on an integrated assessment of technical qualifications and price, with a maximum scoring potential of 100 points. To be eligible, the firm must be in good standing in the State of Florida, and the designated team leads and partners must be Certified Public Accountants licensed in Florida. Proposers must demonstrate at least five years of industry experience and provide three professional references. The contract is a firm-fixed price or rate agreement and requires adherence to FTA third-party contract clauses and federal requirements under 2 CFR parts 180 and 1200. Proposals must be submitted via the JTA OpenGov Procurement Portal by November 23, 2026.