Annual Financial Audit Services

Description

The County of Solano is requesting proposals from qualified firms of certified public accountants to audit its Annual Comprehensive Financial Report (ACFR) for the fiscal year ending June 30, 2025, 2026, and 2027. These audits are to be performed in accordance with generally accepted auditing standards (GAAS), the standards set forth for financial audits by the Governmental Accounting Standards Board (GASB) and the American Institute of Certified Public Accountants (AICPA), the Government Accountability Office’s (GAO) Government Auditing Standards. Also, with the provisions of the federal Single Audit Act of 1984 (with amendment in 1996) and requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).The County intends to enter into a three-year initial contract period, beginning with the fiscal year ending June 30, 2025, with the option by the County to renew for two (2) additional one (1) year terms, and a total contract term of no more than five (5) years, provided that the County notifies the Contractor in writing of its intention to do so at least ninety (90) days prior to the contract expiration date.