RFP - Professional Auditing Services

Description

This Request for Proposal (RFP) is a solicitation of major public accounting firms for proposals to perform annual financial audits of the City of Rochester and the Rochester Land Bank Corporation (RLBC) component unit including the following reports:

1. A "Single Audit" of the financial statements and Federal and State grant programs of the City of Rochester for the fiscal years ending June 30, 2023, 2024 and 2025, and an option to renew annually for up two years, i.e., 2026 and 2027.
2. Audit of financial statements for these four related entities during the 3-to-5-year term of the agreement:
   • Rochester Public Library (RPL),
   • Rochester 2% Foreign Firefighters (2%) (Agreed upon procedures)
   • Rochester Arena – Blue Cross Arena (Agreed upon procedures)
3. Special audits to be undertaken, as requested, during the 3-to-5-year term of the agreement for the City of Rochester, Rochester Land Bank Corporation, and the three specified related entities.

View the RFP

The RFP includes a draft scope of services, proposal requirements, M/WBE participation, and City provisions.

The following schedule has been developed to provide adequate time for the public accounting firms to prepare their proposals. It is imperative that these dates be followed:

Request for Proposal issued January 30, 2023

Request for Proposal Informational Meeting (Virtual) February 3, 2023; 10:00AM (Zoom meeting link to be provided upon request of respondents)

Deadline for submission of written proposal February 10, 2023; 3:00PM

Interview/presentations of finalist (if needed) via Zoom February 14, 2023

Staff recommendations to Council and Board February 16, 2023

Authorization by City Council February 21, 2023

Execute Professional Services Agreement by March 31, 2023

Timeline is subject to change at the discretion of the City of Rochester. No individual extensions will be granted.