City of Compton Professional Accounting Services RFP 2022 - General Fund and Successor Agency Reconciliation
City of ComptonCity · Compton, CA- Due
- May 31, 2022
- Deadline passed
- Posted
- Apr 1, 2022
- Contract term
- 1 year
- Primary contact
- Jocelyn Logan
- (310) 605-5584
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THE 30-SECOND BRIEF
The City of Compton is requesting proposals from qualified Certified Public Accountant (CPA) firms to perform accounting and reconciliation projects for the fiscal year ending June 30, 2022. The scope of work includes reconciling various City funds, including Successor Agency Funds, to determine correct cash and cash equivalent balances in the General Ledger. Selected firms will trace revenues, transfers, interfund loans, and expenses to source documents, recommend adjusting journal entries, and assist in acquiring supporting documentation. Proposers must be licensed to practice in California and demonstrate experience with Governmental Accounting Standards Board (GASB) requirements. Proposals are due by May 31, 2022, at 4:00 PM PT to the Office of the City Clerk.
Technical proposal, Dollar cost bid, Executed Proposer Guarantees, Executed Proposer Warranties, Adjusting journal entry recommendations
Understanding of engagement (10%), Firm technical experience (15%), Team experience (15%), Satisfying commitment dates (10%), Quality control (10%), Approach (10%), Cost of engagement (30%)
SUMMARY
The City of Compton is requesting proposals from qualified Certified Public Accountant (CPA) firms to perform accounting and reconciliation projects for the fiscal year ending June 30, 2022.
The scope of work includes reconciling various City funds, including Successor Agency Funds, to determine correct cash and cash equivalent balances in the General Ledger. Selected firms will trace revenues, transfers, interfund loans, and expenses to source documents, recommend adjusting journal entries, and assist in acquiring supporting documentation. Proposers must be licensed to practice in California and demonstrate experience with Governmental Accounting Standards Board (GASB) requirements. Proposals are due by May 31, 2022, at 4:00 PM PT to the Office of the City Clerk.
EVALUATION CRITERIA
REQUIRED DELIVERABLES
5- Technical proposal
- Dollar cost bid
- Executed Proposer Guarantees
- Executed Proposer Warranties
- Adjusting journal entry recommendations
REQUIRED ATTACHMENTS
3- Appendix A (Summary of Professional Fees)
- Appendix B (Proposer Guarantees)
- Appendix C (Proposer Warranties)
REQUIRED STAFFING
4- Submit to
- Office of the City Clerk, City Hall, City of Compton, 205 South Willowbrook Avenue, Compton, California 90220
- Scope location
- Compton, CA
Questions about this RFP
How do I respond to this RFP from City of Compton?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is May 31, 2022. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Office of the City Clerk, City Hall, City of Compton, 205 South Willowbrook Avenue, Compton, California 90220. For questions, contact Jocelyn Logan.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Compton in CA, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Jocelyn Logan at (310) 605-5584. Questions and answers are typically shared with all prospective bidders.
What staffing is required for this project?
This solicitation outlines specific staffing requirements. The required roles include: Partners, Managers, Supervisory Staff, Staff. Proposers should demonstrate relevant qualifications and experience for each required role.
What are the key deliverables?
The solicitation specifies the following deliverables: Technical proposal, Dollar cost bid, Executed Proposer Guarantees, Executed Proposer Warranties, Adjusting journal entry recommendations. Proposals should clearly address how each deliverable will be met.
Can I search RFPs like this in ChatGPT or Claude?
Yes. Civic IQ has an MCP server that connects ChatGPT, Claude and other AI assistants to live Civic IQ data: open RFPs, pre-RFP signals from public meetings, awarded contracts and agency decision-makers across 100,000+ US public agencies. Add https://beta.mcp.civiciq.com/mcp as a connector (in ChatGPT under Settings > Apps & Connectors, in Claude under Settings > Connectors) and sign in with a free Civic IQ account at civiciq.com/mcp.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Understanding of engagement (10%), Firm technical experience (15%), Team experience (15%), Satisfying commitment dates (10%), Quality control (10%), Approach (10%), Cost of engagement (30%)" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Compton?
All active and historical solicitations from City of Compton are tracked and searchable. As a city agency, City of Compton regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 1 year. Contract terms may include renewal options.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Appendix A (Summary of Professional Fees), Appendix B (Proposer Guarantees), Appendix C (Proposer Warranties). Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from City of Compton for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Compton, CA. Review the full solicitation for detailed scope requirements.