MUNICIPAL FINANCIAL SERVICES

The Town of Tisbury is soliciting proposals from qualified certified public accounting firms to provide professional municipal financial services aimed at stabilizing and improving the town's financial capabilities. The scope of work includes municipal accounting remediation and reconciliation, financial system stabilization, the implementation of internal controls, and the review and revision of financial policies and procedures. Additionally, the selected firm will provide staff training in municipal finance best practices and ensure the town is prepared for audit. All services must be completed within 150 days of contract execution, with deliverables including a written work plan, interim progress reports every 30 days, a final comprehensive report with actionable recommendations, and a presentation to the Select Board or Finance Committee. The contract will be awarded on a best-value basis, where technical merit is weighted more heavily than the lowest price. Qualified firms must demonstrate a working knowledge of Massachusetts General Laws regarding municipal finance and have successfully completed at least three similar projects for municipal clients within the last five years. Key personnel are required to hold professional certifications such as CPA, CGFO, or MPA. Proposals must be submitted in hard copy by October 27, 2026, and must include a staffing plan, resumes, and a cost proposal based on hourly rates. The selected contractor must maintain specific insurance coverages, including Workers Compensation and a 2 million dollar Umbrella Liability policy, and adhere to strict confidentiality and data security standards.