Government Contract | Illinois
FINANCIAL AUDITING SERVICES

Bid Information


Bid Alert No: 00000491731

Bid Title: FINANCIAL AUDITING SERVICES

Agency Bid No. Title: 2016-001

Received Date: 02/22/2016

Close Date: 03/09/2016

Purchase Type: 5 year term

Delivery Point:

Delivery Date: Not Stated

Specifications

Specifications include, but are not limited to:The County Board requests proposals from qualified firms of certified public accountants for conducting the annual audits of the financial operations of Champaign County for the fiscal years ending December 31, 2016, 2017, 2018, 2019 and 2020. Each years audit will culminate in the issuance of a comprehensive annual financial report by the County Auditor. The County Board will award a five-year contract, reserving the right to terminate the contract after one year. The audit must be performed in accordance with (a) Generally Accepted Auditing Standards; (b) County Auditing Law (55 ILCS 5/6-31001 et.seq.); (c) the standards for financial audits set forth in Government Auditing Standards issued by the U.S. Government Accountability Office; (d) the Federal Single Audit Act; and (e) U.S. Office of Management and Budget (OMB) Circular A-133 Audits of States, Local Government and Non-Profit Organizations and Compliance Supplement. Champaign County requires the audit firm to express an opinion on the fair presentation of its basic financial statements in conformity with generally accepted accounting principles. The auditors are not required to audit the combining and individual fund financial statements and supporting schedules, including the schedule of expenditures of federal awards, which are contained in the comprehensive annual financial report. However, the auditors are to provide an in-relation-to report on the combining and individual fund financial statements and supporting schedules, including the schedule of expenditures of federal awards, based on the audit procedures applied during the audit of the basic financial statements

Product Code: 94631

Agency Information


Issuing Agency: County of Champaign

State: Illinois

Agency Type: State and Local

Contact: Administrative Services Office, 1776 East Washington Street, Urbana, Illinois, 61802

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