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Village of Lincolnwood·Illinois

Professional Audit Services

Closes 9/10/2026$300k – $800kRequest for Proposal
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Description

The Village of Lincolnwood seeks qualified firms to deliver professional audit services for municipal financial statements and related compliance work. The three‑year contract may be extended by up to two additional one‑year renewals at the Village’s discretion. Proposals must be submitted by the stated deadline, and the award will be based on technical and price evaluation. • Scope includes annual audits, interim reviews, and advisory services as defined in the RFP. • Contract term: 3 years with possible two‑year extension. • Vendor must demonstrate experience in governmental audit work and possess appropriate CPA certifications. • Deliverables include audit reports, management letters, and presentations to village officials. • All work to comply with applicable state and federal auditing standards.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

John Welch(Director of Public Works)

[email protected]

Key dates

Opened
8/17/2026
Closes
9/10/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541211
Solicitation №
RFP-2026-08-17-FIN-0-2026/JW

Budget estimate

$300,000 – $800,000

While the solicitation does not disclose a budget, typical municipal audit contracts of this scope and duration range from $150k to $300k per year, depending on complexity and firm size. Over a three‑year base term, the total contract value could be estimated between $450,000 and $900,000, with potential extensions adding $150,000‑$300,000 per extra year. Therefore, a reasonable estimate for the base three‑year award is roughly $500k‑$800k.

AI estimate from the solicitation

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