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Awarded contract·City of Mobile·Alabama

Audit Services for Fiscal Years 2023-2027

$2.4MSingle Award
Contract source

Description

The City of Mobile is seeking an independent public‑accounting firm to perform comprehensive audit services for its financial statements covering fiscal years 2023‑2027, including a Single Audit of federal awards and optional preparation of the Annual Comprehensive Financial Report (ACFR). The scope requires issuance of unmodified opinions on basic financial statements each year, compliance testing of roughly $58.5 million in federal expenditures, and delivery of draft and final reports according to a strict calendar (draft ACFR by February 21, final audit adjustments by March 14, final report by March 21). The contract is a three‑year base award with the possibility of two one‑year extensions, and proposals must include an all‑inclusive maximum price and hourly rates. Evaluation will weigh technical quality (75 pts), price (18 pts), and local vendor preference (7 pts). Mandatory qualifications include Alabama CPA licensure, independence, insurance, and quality‑control documentation.

Attached files

Key dates

Bids closed
7/14/2023
Starts
10/1/2023
Ends
9/30/2025Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541211
Solicitation №
RFP 5819

Contract value

$2,400,000

The RFP does not disclose a fee, but audit contracts for municipalities of this size (general fund ~$298 M, federal awards ~$58 M) typically range from $0.2‑0.3% of total expenditures per year, equating to roughly $500 k‑$800 k annually. Assuming an average of $650 k per year for the three‑year base period yields a ball‑park total of about $2.0 million, with potential extensions adding another $1.3 million if exercised. Therefore a reasonable estimate for the base contract value is approximately $2.4 million.

AI estimate from the award documents

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