Professional Auditing Services RFP 25-26-25

Description

The City of Granbury, Texas (hereinafter referred to as the City) is requesting proposal statements from qualified and experienced public accounting firms whose principal officers are independent certified public accountants to audit the financial statements for the fiscal year ending September 30, 2026 thru 2028, with the option of auditing the financial statements for each of the two subsequent fiscal years. These audits are to be performed in accordance with generally accepted auditing standards (U.S. GAAS), the standards set forth for financial audits in the U.S. Comptroller General’s Government Auditing Standards, (GAGAS), the provisions of the federal Single Audit Act Amendments and Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance).A three-year contract is contemplated, renewable for two additional one-year terms, subject to annual review and recommendation, the satisfactory negotiation of terms, the concurrence of the City of Granbury and the annual availability of appropriation. The City Charter requires an annual independent audit.