The Library Network Independent Auditor Financial and Compliance Audit RFP 2023
The Library NetworkLibrary District · Novi, MI- Due
- Sep 15, 2023
- Deadline passed
- Posted
- Aug 23, 2023
- Contract term
- 3 years
- Primary contact
- Rick Rosekrans
- (248) 536-3100 ext 102
The 30-second brief
The Library Network (TLN) is soliciting proposals from qualified independent auditors for a financial and compliance audit covering federal, state, and local funding sources. The audit must comply with generally accepted auditing standards, Government Auditing Standards, and the Single Audit Act. The contract term is for three years (FY 2023-2025) with options for a fourth and fifth year. The auditor is responsible for preparing financial statements, required supplemental information, and compliance reports, with final completion due by February 28th annually. Fieldwork is preferred in late November. Bids must include firm history, relevant experience with governmental units, staff qualifications, and estimated costs. Submissions are due to the TLN Controller by September 15, 2023.
Financial Statements, Required Supplemental Information, Compliance reports, Audit report, Management letter
Firm history, experience with governmental units/libraries, staff qualifications, cost, estimated fieldwork days
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Summary
The Library Network (TLN) is soliciting proposals from qualified independent auditors for a financial and compliance audit covering federal, state, and local funding sources.
The audit must comply with generally accepted auditing standards, Government Auditing Standards, and the Single Audit Act. The contract term is for three years (FY 2023-2025) with options for a fourth and fifth year. The auditor is responsible for preparing financial statements, required supplemental information, and compliance reports, with final completion due by February 28th annually. Fieldwork is preferred in late November. Bids must include firm history, relevant experience with governmental units, staff qualifications, and estimated costs. Submissions are due to the TLN Controller by September 15, 2023.
EVALUATION CRITERIA
5- Firm history
- Experience with governmental units/libraries
- Staff qualifications
- Cost
- Estimated fieldwork days
REQUIRED DELIVERABLES
5- Financial Statements
- Required Supplemental Information
- Compliance reports
- Audit report
- Management letter
- Submit to
- 41365 Vincenti Ct., Novi, Michigan, 48375
- Scope location
- Novi, Michigan
Questions about this RFP
How do I respond to this RFP from The Library Network?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is September 15, 2023. The solicitation specifies required deliverables that must be addressed in your response. Submissions should be delivered to: 41365 Vincenti Ct., Novi, Michigan, 48375. For questions, contact Rick Rosekrans.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including The Library Network in MI, 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 Rick Rosekrans at (248) 536-3100 ext 102. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Financial Statements, Required Supplemental Information, Compliance reports, Audit report, Management letter. Proposals should clearly address how each deliverable will be met.
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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: "Firm history, experience with governmental units/libraries, staff qualifications, cost, estimated fieldwork days" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from The Library Network?
All active and historical solicitations from The Library Network are tracked and searchable. As a library district agency, The Library Network 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 3 years. 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. Review the full document from The Library Network for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Novi, Michigan. Review the full solicitation for detailed scope requirements.