GCHA Annual Financial Audit Services

HOUSING AUTHORITY OF THE COUNTY OF GRAND, COLORADO
REQUEST FOR PROPOSALS
(RFP)
Annual Financial Audit Services
Issued by Housing Authority of the County of Grand, Colorado
Proposals due August 21st, 2026

Purpose
The purpose of this request for proposal (RFP) is to engage the services of a qualified
firm of certified public accountants eligible by law to practice public accounting in the
State of Colorado, with a demonstrated track record in conducting financial audits for
public housing authorities, to conduct the annual financial audit of the Housing Authority
of the County of Grand, Colorado (Housing Authority).
Services Required
The scope of the prospective contract will be to perform financial audits in accordance
with auditing standards generally accepted in the United States of America and the
standards applicable to financial audits contained in Governmental Auditing Standards
issued by the Comptroller General of the United States. Additionally, an Independent
Auditors' Report on the Basic Financial Statements, Report to Governance, Report on
Internal Control Over Financial Reporting and on Compliance and Other Matters Based
on an Audit of Financial Statements Performed in Accordance with Government
Auditing Standards, and a Report on Compliance for Each Major Federal Program and
on Internal Control Over Compliance Required by the Consolidated Audit Guide for
Audits of HUD Programs will be provided.
The firm selected will be expected to provide consultation and assist with the
preparation of the financial statements and review. The firm will also be expected to
perform auditor functions as required by HUD's Real Estate Assessment Center
(REAC).
At the conclusion of each annual audit, the audit firm will be required to make a
presentation to the Housing Authority Board of Directors (the Board). This presentation
will include a review of highlights of the financial statements, overview of the auditor's
reports and findings, and any other matters the firm considers pertinent.
In addition, the firm shall respond to reasonable inquiries of successor auditors and
allow successor auditors to review work papers relating to matters of continuing
accounting significance.
Term of Engagement (Agreement)
The Board will consider a two-year contract with the possibility to extend, subject to
annual review and approval, the satisfactory negotiation of terms and concurrence of
the Board of County Commissioners and the annual availability of an appropriation.
The term of the contract shall begin with the audit for the fiscal year ending December
31, 2026. There is no restriction on the number of consecutive terms any one firm may

serve as the Housing Authority's auditor.
Subcontracting
If portions of the work will be subcontracted, the name and qualifications of the
proposed subcontracting firms must be clearly identified in the proposal. Following the
award of the audit contract, no additional subcontracting will be allowed without the
express prior written consent of the Housing Authority.
Right to Terminate Contract
The Housing Authority reserves the right to cancel the whole or any part of a contract
issued for any reason whatsoever with 30 day-notice. The Housing Authority will issue a
written notice of default to the Contractor for failing to act in compliance with the terms
and conditions of such contract.
Description of Entity to Be Audited
The Housing Authority of the County of Grand, Colorado (Housing Authority) is a
blended component unit of Grand County, Colorado. Currently the Grand County Board
of County Commissioners sits as the Board of Directors for the Housing Authority of the
County of Grand, Colorado. The administrative functions are reported in the Grand
County, Colorado ACFR as a non-major special revenue fund in the government
financials and the property ownership functions are reported in four separate proprietary
funds, one for each property. In 2025, administrative revenue was $1.1 million which
included a $825 thousand transfer from Grand County as support for losses incurred
during current and prior periods. Total proprietary fund revenue was $2.514 million
which included an $752 thousand transfer for support due to deficits incurred currently
and in prior periods. One of the Housing Authority properties, Cliffview Assisted Living
Center, is operated under a contract with Middle Park Health, located in Kremmling,
Colorado. Additional information regarding the Housing Authority may be found at
https://www.co.grand.co.us/DocumentCenter/View/22586/GCHA-2025-Financial-Statem
ent
Firm Preference
The Housing Authority makes a positive effort to utilize small businesses,
minority-owned firms and women's business enterprises in procuring audit services.
Please state in your proposal if your firm is such.
Illegal Aliens
As required by CRS Section 8-17.5-102, the Contractor will need to certify and agree to
the following:
I (we) do hereby certify that, as of the date of this certification, I (we) do not

knowingly employ or contract with an illegal alien and that I (we) have confirmed
the employment eligibility of all employees who are newly hired for employment
in the United States, through participation in the basic pilot program.
Right to Cancel RFP
This RFP may be canceled by the Housing Authority and any bid may be rejected in
whole or in part when, in the sole opinion of the Housing Authority it is in the best
interests of Grand County.
Right to Reject Proposals
The Housing Authority reserves the right to reject any and all proposals for any reason
whatsoever. If a contract is awarded, it will be awarded to the bidder whose bid is
deemed by the Housing Authority to be in the best interest of the Housing Authority and
may not be the low bid.
The requirements and information needed to complete proposals are set forth below.
Responses to this RFP will be received until 4:00 PM, August 21st, 2026.
All proposals should be delivered to the following address:
Housing Authority of the County of Grand, Colorado
P.O. Box 264
308 Byers Avenue
Hot Sulphur Springs, CO 80451
Attention: Alina Bell, Grand County Finance Director Or
electronically abell@co.grand.co.us
Proposal Content
The bidder is responsible for providing all information requested in this RFP and failure
to do so may result in disqualification of the proposal. During the evaluation process,
the County may request firms to answer further questions about their proposal.
Firms are requested to present the following information:
Location of the firm office from which the work is to be done and the
number of professional staff employed at that office;
Number, nature, licenses and qualifications of professional staff including
resumes of personnel expected to be utilized for this engagement;
A list of the firm's prior experience offering services for public housing authorities
within the past three years, indicating the name and telephone number of the
principal client contact;
Professional relationships with Grand County or the Housing Authority for the
past five years;
Results of Reviews/Actions in the past three years;

A copy of your latest peer review, including recommendations;
A detailed explanation of the amount and type of assistance expected from the
County for the completion of the audit;
A statement of your understanding of the work to be performed, including time
and cost estimates to perform each step;
A not-to exceed price for the completed financial audit, including Uniform
Guidance and HUD requirements
The Housing Authority will not be responsible for expenses incurred in preparing and
submitting the proposal. Such costs should not be included in the proposal.
Key contacts for the proposal and audit are:
Sheena Darland, Housing Authority Director
Alina Bell, Grand County Finance Director