SLED Opportunity · CALIFORNIA · CITY OF NEWPORT BEACH
AI Summary
The City of Newport Beach seeks proposals from licensed CPA firms for annual financial audit services and accounting guidance starting fiscal year ending June 30, 2026. The contract is for three years with options to renew. The firm must have municipal audit experience and comply with GAAS and GASB standards.
The City of Newport Beach (“City”) is seeking proposals from qualified, independent Certified Public Accounting (CPA) firms to provide annual financial statement audit services and professional accounting guidance beginning with the fiscal year ending June 30, 2026. The City is planning to submit an Annual Comprehensive Financial Report (ACFR) to the Government Finance Officers Association (GFOA) for review in their Certificate of Achievement for Excellence in Financial Reporting Program. The selected firm will perform an annual audit of the City’s financial statements and prepare the City’s ACFR in accordance with Generally Accepted Auditing Standards (GAAS), issued by the Comptroller General of the Unites States and the U.S. Office of Management and Budget (OMB) Uniform Guidance Audits of State and Local Governments and Non-Profit Organizations, Governmental Accounting Standards Board (GASB) requirements, prepare and issue all required audit reports, provide ongoing accounting guidance related to governmental accounting standards and best practices, and presentations to City management and Council. The proposer must be licensed to practice in the State of California and demonstrate extensive experience auditing municipal governments of comparable size and complexity. The objective of this Request for Proposals (“RFP”) solicitation is to identify the highest-qualified proposer to provide these services over the course of a proposed three (3) year contract term with an option to extend for two (2) additional one (1) year renewals. The City reserves the right to make multiple awards if doing so serves in the best interest of the City. Final contract terms, including compensation and length of the agreement are subject to final City and/or City Council approval, depending on department needs. Pre-Bid Meeting Information: No Online Q&A: Yes Location Information: Department: Finance Department Address: 100 Civic Center DriveNewport Beach, California92660 County: Orange
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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