The Town of Scituate, Rhode Island is seeking proposals from qualified public accounting firms for the audit of its financial statements for the fiscal year ending June 30, 2026, with an option for a 4-year extension. The scope includes auditing financial statements in accordance with GAAP, Government Auditing Standards, and OMB guidance, as well as performing agreed-upon procedures for the Uniform Chart of Accounts (UCOA) for the Scituate School Department. Proposals are due by 1:00 PM on June 22, 2026. Key dates include proposal submission deadline, selection notification, award, and contract execution. The evaluation will consider mandatory elements, technical qualifications, and price.
Proposals must be received by 1:00 PM on June 22, 2026.
Progress payments will be made on the basis of hours of work completed and out-of-pocket expenses incurred. Ten percent will be withheld from each billing pending delivery of the final reports.
Proposer warrants that all information provided in connection with the proposal is true and accurate. Proposer also warrants that it shall have professional liability insurance of not less than $1 million.
Proposals will be evaluated based on mandatory elements (independence, licensing, insurance, etc. ), technical qualifications (expertise, experience, personnel, audit approach), and price.
Firms must be licensed to practice in Rhode Island, demonstrate independence, have an appropriate internal quality control system, and meet continuing educational requirements.
False representations in the proposal can lead to termination of the contract and forfeiture of all payments. Failure to provide requested information to the State Auditor General constitutes a breach of contract.
Submitting false representations, failing to meet independence requirements, or not providing requested information to the State Auditor General can lead to disqualification or contract termination.
