Government Contract | Florida
Audit Services

Bid Information

Bid Alert No: 00000508386

Bid Title: Audit Services

Agency Bid No. Title: 16-028

Received Date: 03/14/2016

Close Date: 04/08/2016

Purchase Type: Term:

Delivery Point: Naples, Florida

Delivery Date: Not Stated


Audit Opinions and Reports to be IssuedUpon completion of the audit of the fiscal years financial statements, Auditorshall issue the following reports and all reports as required by the standardsnoted in Section 2.a) A report on the fair presentation of the Financial Statements of theGovernmental Activities, the Business Type Activities, the discreetlypresented component unit, each major fund and the aggregate remainingfund information, which collectively comprise the Citys basic financialstatements in conformity with general accepted accounting principles,including an opinion on the fair presentation of the schedule ofexpenditure of federal and state awards in relation to the auditedfinancial statements.b) An independent auditors report on internal control over financialreporting and on compliance and other matters based on an audit offinancial statements performed in accordance with Government AuditingStandards.c) An independent auditors report on compliance for each major programand on internal control over compliance required by OMB UniformAdministrative Requirements, Cost Principles, and Audit Requirementsfor Federal Awards and Chapter 10.550, Rules of the Auditor General ofthe State of Florida.d) A Management letter.e) Comments required by the Rules of the Auditor General, Chapter10.554(1) (E).f) In the required reports on internal controls, communicate any reportableconditions found during the audit. A reportable condition shall be definedas follows:(1) A significant deficiency in the design or operation of the internalcontrol structure, which could adversely affect the organizationsability to record, process, summarize, and report financial dataCity of Naples FL 16-028 Audit Services RFP 17consistent with the assertions of management in the financialstatements.(2) Reportable items as required by the rules of the Auditor Generalof Florida.(3) Reportable conditions that are also material weaknesses shall beidentified as such in the report.g) If any, non-reportable conditions discovered by Auditor shall be reportedin a separate letter to management, which shall be referred to in thereports on internal controls.h) Irregularities and Illegal Acts. Auditor shall be required to make animmediate, written report of all irregularities and illegal acts or indicationsof illegal acts of which auditor becomes aware to the Mayor and the CityCouncil.The auditor is not required to audit the Letter of Transmittal or theSupplementary Information.The audit shall be an annual financial audit as defined in Section 218.3(17),Florida Statutes, and shall be conducted in accordance with generallyaccepted auditing standards as well as the standards listed in Section 2. Thecontract shall cover the period beginning with fiscal year end financials datedSeptember 30, 2016 and ended with fiscal year September 30, 2018 with theexpectation that an additional contract will be awarded for two additional (1)one year periods subject to the mutual consent of the City and the proposer.The auditor is expected to express an opinion on the fair presentation of thecombining and individual fund financial statements and schedules inconformity with generally accepted accounting principles. The auditor is notrequired to audit the supporting schedules contained in the comprehensiveannual financial report. However, the auditor is to provide an "in-relation-to"opinion on the supporting schedules based on the auditing proceduresapplied during the audit of the basic financial statements and the combiningand individual fund financial statements and schedules.The auditor shall also be responsible for performing certain limitedprocedures involving required supplementary information required by theGovernmental Accounting Standards Board as mandated by generallyaccepted auditing standards.The auditor is not required to audit the schedule of expenditures of federalawards. However, the auditor is to provide an "in-relation-to" report on thatschedule based on the auditing procedures applied during the audit of thefinancial statements.The partner in charge of the audit and the audit manager or other CPAassigned to the audit shall attend one or more public meetings for discussionof the audit report as deemed necessary by the City.City of Naples FL 16-028 Audit Services RFP 18Upon request by the City, Auditor shall provide assistance to the City to complywith new GASB reporting requirements.Auditor shall participate in periodic progress meetings with City managementand Finance Department staff during audit field work

Product Code: 94631

Agency Information

Issuing Agency: City of Naples

State: Florida

Agency Type: State and Local

Contact: Purchasing Division, 735 8th Street S, Naples, Florida, 34102



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