P-26003 RFP for Annual Financial Audit and Report on Federal Awards
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Chicago Park District is soliciting proposals for professional auditing services to conduct the annual audit of its basic financial statements and the Schedule of Expenditures of Federal Awards. The contract begins with the fiscal year ended December 31, 2026, and covers a base term of five years, with the possibility of two additional two-year extensions. The selected awardee will be responsible for delivering the basic financial statements, notes to the financial statements, the Schedule of Expenditures of Federal Awards, and the Schedule of Findings and Questioned Costs, all conducted in accordance with auditing standards generally accepted in the United States. Proposals must be submitted via the BONFIRE portal by September 24, 2026, at 3:00 P.M. CDT. The evaluation process is based on an aggregate score of non-cost and cost sections, with additional considerations for financial stability, legal history, and conflicts of interest. Awardees must comply with various Illinois state regulations, including the Illinois Human Rights Act, the Public Works Employment Discrimination Act, and prevailing wage requirements. All deliverables are considered confidential property of the Park District, and the awardee must maintain adequate insurance and professional qualifications to perform the services.
General Info
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NAICS
Place of Performance
IL, USASet-Aside
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Full Description
The Awardee must have the professional qualifications and experience necessary for the satisfactory performance of all services required in the RFP (See EXPERIENCE section in PROJECT SCOPE). The Awardee shall provide all labor, materials, and equipment necessary for the performance of all services in accordance with the terms and conditions of this specification. The services and materials provided must be of the highest and best quality, and delivered in a professional and timely manner.
The Awardee will perform the audit of the financial statements of the Chicago Park District, governmental activities, each major fund, and aggregate remaining fund information and the Report on Federal Awards as of and for the year ended December 31, 2026, and for each ensuing fiscal year throughout the life of the agreement.
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