REQUEST FOR PROPOSALS FOR PROFESSIONAL FINANCIAL AUDIT SERVICES
City of ComptonCity · Compton, CA- Due
- Aug 14, 2025
- Deadline passed
- Posted
- Jul 24, 2025
- 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 firms of Certified Public Accountants to audit the Financial Statements of the City and the Successor Agency. The contract for accounting services shall cover one year.
Comprehensive Annual Financial Report (CAFR), independent opinion on financial statements, evaluation of compliance with laws and regulations, report on Measure P fund financial statement, report on bond covenant compliance, audit reports on internal control and compliance, communication with those charged with governance (Management Letter), financial reports and schedules for CAFR, participation in audit committee meetings, and advice/guidance on financial reporting.
Mandatory factors (license to practice in California, adherence to instructions, commitment to equal opportunity), Technical qualification (understanding of engagement, firm's technical experience, team experience, satisfying commitment dates, quality control, approach), and Cost of Engagement.
SUMMARY
The City of Compton is requesting proposals from qualified firms of Certified Public Accountants to audit the Financial Statements of the City and the Successor Agency. The contract for accounting services shall cover one year.
EVALUATION CRITERIA
Mandatory factors (license to practice in California, adherence to instructions, commitment to equal opportunity), Technical qualification (understanding of engagement, firm's technical experience, team experience, satisfying commitment dates, quality control, approach), and Cost of Engagement.
REQUIRED DELIVERABLES
10- Comprehensive Annual Financial Report (CAFR)
- Independent opinion on financial statements
- Evaluation of compliance with laws and regulations
- Report on Measure P fund financial statement
- Report on bond covenant compliance
- Audit reports on internal control and compliance
- Communication with those charged with governance (Management Letter)
- Financial reports and schedules for CAFR
- Participation in audit committee meetings
- Advice/guidance on financial reporting
REQUIRED ATTACHMENTS
15- Cover Letter
- Company Data
- Resumes and Qualifications of Personnel
- Organizational Chart
- References
- Project Understanding
- Overview and Approach
- Schedule
- Communication Plan
- Certificate of Insurance
- Dollar Cost Bid
- Executed copies of Proposer Guarantees and Proposer Warranties
- Appendix A (Summary of Professional Fees and Expenses)
- Appendix B (Proposer Guarantees)
- Appendix C (Proposer Warranties)
REQUIRED STAFFING
5- Submit to
- Office of the City Clerk, City Hall, City of Compton, 205 South Willowbrook Avenue, Compton, California 90220
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 August 14, 2025. 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, Other. Proposers should demonstrate relevant qualifications and experience for each required role.
What are the key deliverables?
The solicitation specifies the following deliverables: Comprehensive Annual Financial Report (CAFR), independent opinion on financial statements, evaluation of compliance with laws and regulations, report on Measure P fund financial statement, report on bond covenant compliance, audit reports on internal control and compliance, communication with those. 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: "Mandatory factors (license to practice in California, adherence to instructions, commitment to equal opportunity), Technical qualification (understanding of engagement, firm's technical experience, te..." 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: Cover Letter, Company Data, Resumes and Qualifications of Personnel, Organizational Chart, References, Project Understanding, Overview and Approach, Schedule, Communication Plan, Certificate of Insura. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from City of Compton for the complete list.