Independent Audit Services / City Auditor

The City of Worcester is procuring a multi‑entity, three‑year independent audit services contract covering the City’s financial statements, component units (Worcester Retirement System, Worcester Redevelopment Authority, DCU Center) and required Single Audits of federal awards. The scope includes full GAAS and Yellow‑Book audits, preparation of ACFRs meeting GFOA standards, management‑letter delivery, and limited non‑audit services such as adjusting journal entries and coordination with governing bodies. The award will be a firm‑fixed‑price, all‑inclusive arrangement with optional one‑year extensions. • Scope: Annual financial‑statement audits for the City and three component entities, plus Single Audits for federal grants. • Deliverables: ACFR filing by Dec 31, Single Audit filing by Mar 31 of the following year, management letters by July/Oct respectively. • Timeline: Proposals due 9 Apr 2025; audits commence after each fiscal year end (June 30) and conclude by Dec 31 for ACFRs and Mar 31 for Single Audits. • Requirements: CPA firm licensed in MA, experience with GFOA‑certified reports, required insurance (≥ $1 M professional liability, $2 M umbrella), bid and performance bonds, and compliance with government auditing standards.