Professional Accounting Services

Petersburg City Public Schools issued Request for Proposals 27-004 on September 15, 2026, to secure a qualified firm for comprehensive professional accounting services. The scope of work includes financial close support, audit preparation and liaison, grant accounting for state and federal funds such as Title I, Title II, and IDEA, and the enhancement of internal controls. Key deliverables include a monthly close package due by the 15th of each month, a written internal controls assessment and remediation plan within 90 days of the contract start, and compliance documentation for the Annual School Report and Required Local Match. The selected contractor must adhere to federal Uniform Guidance 2 CFR 200 and the laws of the Commonwealth of Virginia. The contract is structured as a requirements contract with an initial one-year term and four optional one-year renewals at the discretion of the School Board. Award selection is based on professional qualifications and merit, with the School Board negotiating a fair and reasonable price with the most meritorious offeror. Payment is processed within 30 days of receiving a correct invoice, and continuation beyond the first fiscal year is subject to board approval and appropriation of funds. Contractors must provide proof of insurance, undergo criminal background checks, and maintain a drug-free workplace. Proposals are due by October 15, 2026, and must include a detailed service description, firm qualifications, and biographies of key personnel.