Rfq External Audit Services #01-0725

Background
The City of Boerne, Texas is soliciting proposals from qualified certified public accounting firms to perform the City’s annual audit, issue opinions on the related financial statements, and provide other auditing services for the fiscal year ending September 30, 2025. The contract may include potential annual renewals at the City's discretion. The audit will cover the Annual Comprehensive Financial Report (ACFR) and may require Single Audits for federal and state funds.

The selected firm must comply with Generally Accepted Auditing Standards (GAAS), Government Auditing Standards (GAGAS), and other relevant regulations. The final audit report is due to be presented to the City Council on February 25, 2026.

Work Details
The selected firm will conduct an audit in accordance with:
1) GAAS issued by AICPA;
2) Government Auditing Standards issued by the Comptroller General of the United States;
3) 2 CFR Part 200 Subpart F for Single Audits;
4) Texas Single Audit Circular; and
5) GASB pronouncements and applicable State of Texas regulations.

Required reports include:
• An independent auditor’s report on the fair presentation of the City’s financial statements.
• A report on internal control over financial reporting and compliance.
• A Single Audit report covering major federal and state grant programs.
• A schedule of findings and questioned costs.

The firm must also evaluate compliance with the Texas Public Funds Investment Act and provide technical assistance on new audit standards.

Period of Performance
The contract will commence upon selection and negotiation completion, with services performed for the fiscal year ending September 30, 2025. A final audit report is due by February 25, 2026.

Place of Performance
The services will be performed in Boerne, Texas.

Bidder Requirements
Firms must be licensed to practice in Texas and have at least five years of experience performing municipal government audits, including Single Audits. Proposals must include a cover letter, firm profile, resumes of key personnel, references from three municipalities, a technology list for audit processes, a cost proposal with a fee breakdown by service, and a copy of the master services agreement.