The Town of Timnath is seeking proposals for annual audit services for its financial statements for the fiscal year ending December 31, 2026, with an option for four subsequent years. Proposals are due July 31, 2026, via Rocky Mountain e-Purchasing System (Bidnet). Contact Stephanie Mas at **** **** or ***@***. *. * for inquiries. The audit must be conducted by a licensed CPA in Colorado, adhering to US generally accepted auditing standards and Colorado local government audit law. Evaluation criteria include technical approach, experience, qualifications, and price, with an emphasis on best value. The town may conduct interviews with top-rated contractors.
Proposals must be submitted by July 31, 2026, at 12:00 PM Mountain Time. Proposal submittal deadline July 31, 2026 12:00pm
Contractors may offer a cash discount for prompt payment, but discounts for periods less than twenty days will not be considered for award. If no discount is offered, payment terms are net 30 days. If no prompt payment discount is being offered, the contractor shall enter a zero 0 for the percentage discount to indicate net 30 days.
Proposals will be evaluated based on technical approach and capability (25 points), experience (25 points), qualifications of proposed team (25 points), and price (25 points), with the award going to the proposal presenting the best value to the town. The town intends to award a contract resulting from this solicitation to the responsible toprated contractors whose initial proposal conforming to the solicitation will be the most advantageous to the town, price and other factors considered.
Contractors must be reliable, experienced, and qualified with municipal audit and GASB experience in Colorado. The town may investigate the contractor's ability to perform. The town may make such investigations as deemed necessary to determine the ability of the contractor to perform the scope. . .
If material is priced incorrectly, contractors agree to promptly refund all overpayments and pay all reasonable audit expenses incurred as a result of the noncompliance. contractors agrees to promptly refund all overpayments and to pay all reasonable audit expenses incurred as a result of the noncompliance.
Proposals may be rejected if the contractor is in arrears to the town, is a defaulter, or has failed to perform faithfully any previous contract with the town, state, or federal government for a minimum of three years. A proposal may not be accepted from, nor any contract be awarded to, any person or firm which has failed to perform faithfully any previous contract with the town, state, or federal government, for a minimum period of three years.