The City of Fort Worth, Texas Financial Management Services Department (the “City”) is soliciting proposals from qualified certified public accounting firms (hereinafter “Firm”) to perform the City’s annual audits, issue opinions on the related financial statements and provide other auditing services as described within this Request for Qualifications for fiscal years ending September 30, 2021 through September 30, 2023, with the City retaining the exclusive option to extend the agreement resulting from this solicitation for two additional one-year periods. The external audit will include evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. The external audit will also include tests of the City’s compliance with certain provisions of laws, regulations, contracts, and grant management.
“External Audit Services”, as used herein, shall refer to all those services outlined in Section II: Service Requirements Information for Vendors.
This RFQ represents a competitive process, which is designed to facilitate an open and fair opportunity for qualified firms to offer their services for consideration. This competitive RFQ process will provide the City with the flexibility to select the Firm whose proposal is deemed most advantageous for the City and to negotiate with such Firm to arrive at a mutually agreeable contract. The purpose of this RFQ is to establish parameters within which the Firm is to provide Audit Services. The City reserves the right to accept or reject any and all Proposals and to re-solicit for proposals, as it shall deem to be in the City’s best interests. Receipt and consideration of any Proposal(s) shall, under no circumstance, obligate the City to accept any proposal(s). If an award of contract is made, it shall be made to the responsible Firm whose Proposal is determined to be the best evaluated offer taking into consideration the relative importance of the evaluation factors set forth in the RFQ.