The City of Geneva, Illinois, is seeking proposals for professional
auditing services for fiscal years **** are due October 24, 2025, at 10:00 AM. The submission must include a bound copy and an electronic copy. The proposal must include a detailed technical proposal, fee proposal, references, resumes of key personnel, a sample annual comprehensive financial report (ACFR), and all required affidavits. The evaluation criteria include mandatory elements, technical qualifications, and the audit approach. The city reserves the right to accept, reject, or modify proposals. The term of the agreement is four years (fiscal years ending April 30, 2026 through April 30, 2029). The city will make all records and management personnel available to meet with the firms personnel after the award of agreement. The auditor shall provide the city with a detailed audit plan and a list of all schedules to be prepared by the city prior to the audit, but no later than April 1 prior to the audit year end. The city expects an entrance conference no later than April 1 before the audit year end with the
auditing partner and any other key members of the
auditing staff at the discretion of the
auditing partner. Any items required for preliminary fieldwork review by the auditors must be requested in writing no later than two weeks prior to the start of preliminary fieldwork. The city expects one week to be scheduled for preliminary fieldwork. Historically, preliminary field works has been completed within four days. The start of the fieldwork shall be agreed upon by and with the city, but shall commence no later than the third week of July of each audit year. Fieldwork is to be completed within three weeks of initiation of the audit. The city shall be notified, in advance, of the audit team to be assigned to the citys engagement. Historically, the city is able to complete onsite field work within two 2 week timeframe with the third week reserved for offsite follow up. The city expects to have fully-adjusted trial balances available to the auditors no later than the first day of scheduled fieldwork. The auditor shall supply the first draft of the ACFR including the auditors report, financial statements, and notes to the financial statements and recommendations to management no later than the end of the second week in August of each year. All financial statements and reports must be delivered to the city in final and complete form no later than September 20th of each year.