Government Contract | Iowa
Professional Auditing Services

Bid Information

Bid Alert No: 00000510416

Bid Title: Professional Auditing Services

Agency Bid No. Title: 216-156

Received Date: 03/11/2016

Close Date: 04/08/2016

Purchase Type: July 1, 2016 through June 30, 2019

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By 03/18/2016 03:00 PM


Specifications include, but are not limited to:Background 4.1.1 The City of Cedar Rapids is seeking Proposals from qualified firms of certified public accountants to audit its financial statements for the Fiscal Years Ending June 30, 2016, 2017 and 2018 with City options for 2019 and 2020. The audits are to be performed in accordance with generally accepted auditing standards which are set forth for financial audits in the U.S. General Accounting Offices (GAO) Government Auditing Standards (1988), the provisions of the federal Single Audit Act of 1984 and U.S. Office of Management and Budget (OMB) Circular A-133, Audits of State and Local Governments as well as Chapter 11 and other applicable provisions of the Code of Iowa. Further, the auditor is to be familiar with those parts of the Code of Iowa that affect the operations and financial reporting of the City. 4.1.2 The City of Cedar Rapids, Iowa serves an area of approximately 71 square miles with a population of approximately 129,195. The Citys fiscal year begins on July 1 and ends on June 30. The City provides a broad range of services to its citizenry, including general government, public safety, streets and cultural and park facilities. 4.1.3 The City has a total payroll of $85,000,000 covering 1,451 FTE employees. The City is organized into several departments and agencies. The accounting and financial reporting functions of the City are centralized. More detailed information on the government and its finances can be found in the annual financial report located at: 4.2 Scope of Services 4.2.1 The City of Cedar Rapids desires the Auditor to express an opinion on the fair presentation of its general purpose financial statements in conformity with generally accepted accounting principles. 4.2.2 Reports to be Issued - Following the completion of the audit of the fiscal years financial statements, the Auditor shall issue: a) A report on the fair presentation of the Citys financial statements in conformity with generally accepted accounting principles. b) A report on the fairness of presentation of the Citys Schedule of Expenditures of Federal Awards. c) A report on the fairness of presentation of the Citys financial statements and comparison to U.S. Department of Housing and Urban Development Real Estate Assessment Center (REAC). d) Independent auditors report on internal control over financial reporting and on compliance and other matters based on an audit of financial statements performed in accordance with Government Auditing Standards

Bid Related Documents

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Product Codes: 94631, 94620

Agency Information

Issuing Agency: City of Cedar Rapids

State: Iowa

Agency Type: State and Local

Contact: Andy Hoenig City Clerk, 101 1st Street SE, Cedar Rapids, Iowa, 52401

Phone: 319-286-5066

Fax: 319-286-5300




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