Town of Prospect Independent Forensic Accounting and Financial Review Services RFP 2026
Town of ProspectCity · Prospect, CT- Due
- Aug 1, 2026
- Deadline passed
- Posted
- Jul 2, 2026
- Duration
- 6 months
- Primary contact
- Michael Palmerie
- (203) 525-4021
The 30-second brief
The Town of Prospect is soliciting proposals for an independent forensic audit and financial review of activities for fiscal years 2024 and 2025. The engagement aims to assess internal controls and identify financial management improvements by August 1, 2026.
Technical Proposal, Sealed Dollar Cost Proposal, Transmittal Letter, Insurance Schedule, Audit Services Proposal Letter, Monthly findings and recommendations
Firm Qualifications and Relevant Experience, Experience with Governmental Financial Reviews, Qualifications of Assigned Personnel, Technical Approach and Methodology, Ability to Complete Within Timeframe, References and Past Performance, Cost Proposal
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Summary
The Town of Prospect is soliciting proposals for an independent forensic audit and financial review of activities for fiscal years 2024 and 2025. The engagement aims to assess internal controls and identify financial management improvements by August 1, 2026.
EVALUATION CRITERIA
7- Firm Qualifications and Relevant Experience
- Experience with Governmental Financial Reviews
- Qualifications of Assigned Personnel
- Technical Approach and Methodology
- Ability to Complete Within Timeframe
- References and Past Performance
- Cost Proposal
REQUIRED DELIVERABLES
6- Technical Proposal
- Sealed Dollar Cost Proposal
- Transmittal Letter
- Insurance Schedule
- Audit Services Proposal Letter
- Monthly findings and recommendations
REQUIRED ATTACHMENTS
4- Appendix A
- Appendix B
- Appendix C
- Appendix D
REQUIRED STAFFING
3- Submit to
- Office of the Mayor, 36 Center Street, Prospect, Connecticut 06712
- Scope location
- Prospect, CT
Questions about this RFP
How do I respond to this RFP from Town of Prospect?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is August 1, 2026. 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 Mayor, 36 Center Street, Prospect, Connecticut 06712. For questions, contact Michael Palmerie.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Town of Prospect in CT, 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 Michael Palmerie at (203) 525-4021. 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: partner-in-charge, supervising manager, field 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, Sealed Dollar Cost Proposal, Transmittal Letter, Insurance Schedule, Audit Services Proposal Letter, Monthly findings and recommendations. 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 Qualifications and Relevant Experience, Experience with Governmental Financial Reviews, Qualifications of Assigned Personnel, Technical Approach and Methodology, Ability to Complete Within Timefr..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Town of Prospect?
All active and historical solicitations from Town of Prospect are tracked and searchable. As a city agency, Town of Prospect 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 6 months. 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, Appendix B, Appendix C, Appendix D. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from Town of Prospect for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Prospect, CT. Review the full solicitation for detailed scope requirements.