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Document
Short Term Credit Facility Q2517
Year Created: 2025
DOCUMENT
RFP - Financial Audit 2010
- YEAR CREATED: 2010
- ENTITY TYPE: City/Township
- TYPE OF DOCUMENT: RFP - Request for Proposals
- Finance
The document is a request for proposal (RFP) from the City of Leesburg, Florida, for financial auditing services. The document provides information on the requirements and qualifications expected from the auditing firm.
In the response section, the document asks the auditing firm to outline any issues or concerns they may have with the existing data, format, or presentation of the City's financial information. It also mentions the City's tradition of early implementation of new Generally Accepted Accounting Principles (GAAP) standards and asks the firm to address various situations related to GAAP interpretation and early implementation.
The document then asks the firm to describe its qualifications and experience in auditing government agency financials, as well as its participation in quality reviews and peer reviews. It also asks for the firm's commitment to governmental auditing and financial reporting excellence, including compliance with Florida Statutes and Government Auditing Standards, active participation in governmental finance organizations, and growth experience in serving governmental audit clients.
The document emphasizes the need for the auditing firm to have strong experience with utilities, particularly municipal utility funds, and asks for a list of municipal utility operations the firm has audited in the past five years. It also asks for the firm's understanding of Federal Energy Regulatory Commission (FERC) regulations and accountancy requirements, as well as the National Association of Regulatory Utility Commissioners (NARUC) and its application to municipal gas and water utilities. The document also inquires about the firm's experience with the Florida Municipal Power Association (FMPA) and its members.
In the section on key personnel qualifications, the document asks for a listing of key personnel, including partners, managers, and on-site supervisors who will work on the audit, along with their years of experience and relevant governmental continuing professional education (CPE) credits. It also requests an organizational chart and resumes for all key personnel.
The document further requires the firm to provide references from government agency clients for similar services, both active clients and past clients within the last three years. It specifies that at least five of the references should include audits of municipal electric utilities, and audits of municipal gas utilities are highly desirable.
Additionally, the document mentions that the schedule of fees will be used in pricing any additional work that may be ordered under this agreement as a task order.
Finally, the document lists the required forms that the firm needs to include in their proposal, such as proposer's certification, affidavits of non-collusion and public entity crimes, licensing requirements, proposed pricing, and the schedule of fees.