RFP 26-003 NWFWMD Independent Financial Audit Services

The Northwest Florida Water Management District is soliciting proposals under RFP 26-003 for a qualified firm to provide independent financial audit services, including the annual financial audit and single audit. The contract covers a base three-year period from the fiscal year ending September 30, 2026, through September 30, 2028, with options for three additional one-year renewals through September 30, 2031. The selected auditor must adhere to a strict annual schedule, completing interim work by December 31, fieldwork by the end of February, and providing draft reports by March, with final presentation to the Governing Board in May. All work must comply with professional standards and Florida Statute s. 218.39, which requires audit completion within nine months of the fiscal year-end. Award selection is based on the proposal that best meets the District's needs, evaluated by a committee using weighted criteria and a cost-effectiveness formula where the lowest bidder receives the maximum score. Requirements for respondents include a Florida Board of Accountancy License, certification of good standing from the Florida Secretary of State, and compliance with various state-mandated boycott and business operation certifications. The contractor must maintain workers compensation and motor vehicle liability insurance of at least 1,000,000 dollars. Deliverables must be ADA compliant, and all work product remains the sole property of the District. Invoices are submitted monthly and paid within 30 days following approval by the District Project Manager.