2026 Audit Request for Bid Proposals

Here is a summary of the RFP document: **Introduction** The City of Seaford is requesting proposals from qualified firms of certified public accountants to audit its financial statements for five fiscal years (2026-2030) and to prepare the Data Collection Form for the same period. The audit must be performed in accordance with auditing standards generally accepted in the United States and Government Auditing Standards. **Scope of Work** The auditor will be required to: * Express an opinion on the fair presentation of the City's financial statements * Prepare and sign the Data Collection Form * Perform limited procedures on required supplementary information * Issue reports on compliance and internal controls over financial reporting * Identify and report any material weaknesses or significant deficiencies in internal controls **Requirements** * The auditor must be licensed to practice in the State of Delaware * The auditor must have no direct or material indirect financial interest in the City * The auditor must comply with auditing standards generally accepted in the United States and Government Auditing Standards * The auditor must prepare and submit reports in electronic format **Proposal Submission** * Proposals must be submitted by March 11, 2026, at 2:00 P.M. * Three copies of the proposal must be submitted * A non-mandatory pre-proposal meeting will be held on March 4, 2026 **Evaluation and Selection** * Proposals will be evaluated by the City Manager and staff * The City reserves the right to request additional information or clarifications from proposers * The City reserves the right to reject any or all proposals * The selection of a firm will be recommended to City Council on March 24, 2026 **Contract Terms** * A five-year contract is contemplated * The contract will be subject to annual review and recommendation by the City Manager * The contract will be executed by May 1, 2026 Overall, the City of Seaford is seeking a qualified firm of certified public accountants to perform an audit of its financial statements and prepare the Data Collection Form for a five-year period. The selected firm will be required to comply with auditing standards and regulations, and to submit reports in electronic format.