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City of Champaign·Illinois

Audit Services

Closes 2/27/2026$500k – $1.5MRequest for Proposal
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Description

The City of Champaign is seeking independent audit services for the City and other entities, including the City of Champaign Firefighters Pension Fund, METCAD, the Champaign Public Library, and the Champaign Public Library Foundation. The selected vendor will provide audit services for the fiscal years ending June 30, 2026, 2027, 2028, 2029, and 2030. The scope of work includes expressing separate opinions on the fairness of the presentation of the City's and other entities' annual financial statements, determining that foreign fire insurance funds have been expended for specified purposes, and submitting a management letter advising of opportunities for economies and efficiencies in operations and improvements in internal control. • The selected vendor will also be required to supply special reports on the City's and other entities' compliance with federally funded programs and other state reports. • The vendor will be required to prepare state and federal tax returns for the Champaign Public Library Foundation and provide TIF compliance letters. • The City expects the vendor to deliver a high level of customer service regarding the manufacture, delivery, and installation of any equipment and the provision of any service to the City, its employees, and its customers.

Attached files

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Contact

Amanda Corrigan(Project Manager)

[email protected]

(217) 403-8959

Key dates

Opened
2/4/2026
Questions due
2/16/2026
Closes
2/27/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541210
Solicitation №
252626

Budget estimate

$500,000 – $1,500,000

Based on the scope of work and the fact that the City is seeking independent audit services for multiple entities, the estimated budget for this opportunity could be in the range of $500,000 to $1,500,000 over the 5-year period. This estimate is based on the assumption that the selected vendor will provide a comprehensive range of audit services, including financial statement audits, compliance audits, and other related services. The actual budget could be higher or lower, depending on the specific services provided and the fees negotiated with the selected vendor.

AI estimate from the solicitation

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