City of Covington - Independent Audit Services Qualified Pool RFQ (2026)
- Due
- Oct 1, 2026
- Deadline passed
- Posted
- Sep 9, 2026
- Contract term
- 5 years
- Primary contact
- Caroline Lobaugh
- (985) 898-1811
The 30-second brief
The City of Covington is seeking Statements of Qualifications (SOQ) from qualified independent certified public accounting firms to establish a pre-qualified pool of independent audit firms for a 5-year pool term. The selected firms will be eligible to perform annual financial statement audits, Annual Comprehensive Financial Reports (ACFR), and Statewide Agreed-Upon Procedures (SAUP) in accordance with the Louisiana Audit Law, GAAS, Government Auditing Standards, and Uniform Guidance (2 CFR Part 200). The City utilizes Tyler Munis as its financial system of record and exceeds the $500,000 revenue threshold requiring annual audits. Submissions are due by October 1, 2026, at 2:00 P.M. CST. Evaluation criteria include firm qualifications and experience (30%), key staff qualifications (20%), local conditions/familiarity (15%), insurance limits (15%), specialized experience (10%), and performance history (10%).
Qualifications and experience of the firm, including direct municipal audit experience 30%, Qualifications of key staff who would be assigned to City engagements 20%, Knowledge of local conditions and familiarity with Louisiana municipal government 15%, Available limits for commercial general liability and professional liability insurance 15%, Specialized experience and technical competence 10%, Performance history 10%
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Summary
The City of Covington is seeking Statements of Qualifications (SOQ) from qualified independent certified public accounting firms to establish a pre-qualified pool of independent audit firms for a 5-year pool term.
The selected firms will be eligible to perform annual financial statement audits, Annual Comprehensive Financial Reports (ACFR), and Statewide Agreed-Upon Procedures (SAUP) in accordance with the Louisiana Audit Law, GAAS, Government Auditing Standards, and Uniform Guidance (2 CFR Part 200). The City utilizes Tyler Munis as its financial system of record and exceeds the $500,000 revenue threshold requiring annual audits. Submissions are due by October 1, 2026, at 2:00 P.M. CST. Evaluation criteria include firm qualifications and experience (30%), key staff qualifications (20%), local conditions/familiarity (15%), insurance limits (15%), specialized experience (10%), and performance history (10%).
EVALUATION CRITERIA
Qualifications and experience of the firm, including direct municipal audit experience 30%, Qualifications of key staff who would be assigned to City engagements 20%, Knowledge of local conditions and familiarity with Louisiana municipal government 15%, Available limits for commercial general liability and professional liability insurance 15%, Specialized experience and technical competence 10%, Performance history 10%
REQUIRED ATTACHMENTS
Attachment A – Firm Profile / Statement of Qualifications Form, Attachment B – Insurance Requirements (Professional Liability / E&O, General Liability, Workers' Compensation), Attachment C – Corporate Resolution/Authority to Sign
- Submit to
- www.centralbidding.com or 317 N. Jefferson Ave, Covington, LA 70433
- Scope location
- Covington, LA
Questions about this RFQ
How do I respond to this RFQ from City of Covington?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 1, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: www.centralbidding.com or 317 N. Jefferson Ave, Covington, LA 70433. For questions, contact Caroline Lobaugh.
Can small businesses or minority-owned firms bid on this RFQ?
Most government agencies, including City of Covington in LA, 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 RFQ 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 Caroline Lobaugh at (985) 898-1811. Questions and answers are typically shared with all prospective bidders.
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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: "Qualifications and experience of the firm, including direct municipal audit experience 30%, Qualifications of key staff who would be assigned to City engagements 20%, Knowledge of local conditions and..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Covington?
All active and historical solicitations from City of Covington are tracked and searchable. As a city agency, City of Covington 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 5 years. Contract terms may include renewal options.
What documents are required to bid on this RFQ?
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: Attachment A – Firm Profile / Statement of Qualifications Form, Attachment B – Insurance Requirements (Professional Liability / E&O, General Liability, Workers' Compensation), Attachment C – Corporate. Review the full document from City of Covington for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Covington, LA. Review the full solicitation for detailed scope requirements.