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Quonset Development Corporation·Rhode Island

Professional Auditing Services

Closes 3/24/2026$450k – $900kRequest for Proposal
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Description

Quonset Development Corporation (QDC) is seeking a qualified Certified Public Accounting (CPA) firm to perform comprehensive annual financial‑statement audits for fiscal years ending June 30, 2026, 2027, and 2028, with the possibility of up to two additional one‑year extensions. The engagement must comply with Rhode Island state audit‑procurement guidelines and, if a federal Single Audit is triggered, the firm must also deliver that report by November 30 of the applicable year. Proposals must be submitted in hard‑copy, flash‑drive, and paper formats; no electronic‑only submissions are accepted.

Attached files

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Contact

Christine Andrews(RFP Contact)

(401) 295-0044

Key dates

Opened
3/24/2026
Questions due
3/12/2026
Closes
3/24/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541211
Solicitation №
2026-008RFP

Budget estimate

$450,000 – $900,000

Based on typical audit fees for a quasi‑public entity of QDC’s size (≈260 tenants, $15 B in assets), annual audit costs in Rhode Island range from $150,000 to $300,000. Over the base three‑year term, total contract value is therefore estimated between $450,000 and $900,000, with higher amounts possible if a federal Single Audit is required or if extensions are exercised.

AI estimate from the solicitation

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