Project Information

Bid Title

Audit Services Request for Proposal

Issuing Agency

City of Fremont

Location

Nebraska

Published Date

Jan 22, 2025

Closing Date

Feb 14, 2025

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

Bid Title:	Audit Services Request for Proposal
Category:	Bid Opportunities
Status:	Open

Description: The City of Fremont (the City) is soliciting qualification proposals from certain large qualified national and/or regional accounting firms to provide implementation services for Governmental Accounting Standards Board (GASB) Statements No. 101, 102, 103 and 104 or potentially other statements as GASB requirements evolve: • GASB Statement No. 101, Compensated Absences (FY ending 2025) • GASB Statement No. 102, Certain Risk Disclosures (FY ending 2025) • GASB Statement No. 103, Financial Reporting Model Improvements (FY ending 2026) • GASB Statement No. 104, Certain Capital Assets Disclosures (FY ending 2026) The City’s applicable implementation date for GASB 101 and 102 is for our fiscal year ending September 30, 2025. The City’s applicable implementation date for GASB 103 and 104 is for our fiscal year ending September 30, 2026 (though early adoption is encouraged). The City is also soliciting qualification proposals from certain large qualified national and/or regional accounting firms to provide consulting services to possibly assist in preparing drafts of the City’s year-end financial statements for our fiscal year ending September 30, 2025.  Your firm may submit a proposal and fee quote for audit, GASB implementation consulting services, and financial statement drafting services, however, it is the City’s intent to award a separate contract for audit services from consulting services. 1.  The City of Fremont (the City) is soliciting qualification proposals from certain large qualified national and/or regional accounting firms to audit its financial statements for the year ended September 30, 2025, with the option of auditing its financial statements for each of the two subsequent fiscal years ending September 30, 2026 and 2027.  These audits are to be performed in accordance with auditing standards accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. 2.  The City of Fremont also requests proposals to conduct the required State of Nebraska compliance procedures for the City’s Keno operations for the fiscal years ending 2025, 2026, and 2027, including preparation of Form 35K.  The City’s Keno operator is EHPV Lottery Services LLC, dba Big Red Keno. The City will select the firms whose proposal is most responsive to this Request for Proposal (RFP) and is in the best interest of the City.  Proposals submitted in response to the RFP must provide sufficient detail and information to complete an evaluation of their merit.  Firms are welcome to respond to any or all requests for audit services/consultation.  The City reserves the right to reject any or all proposals. Please see attachment for additional information. Publication Date/Time: 1/22/2025 12:00 AM Closing Date/Time: 2/14/2025 1:00 PM Submittal Information: Interim City Clerk: angie.olson@fremontne.gov Bid Opening Information: February 14, 2025 Related Documents: Audit Services REQUEST FOR PROPOSAL 01222025 (PDF)

Commodity Codes

• NAICS 541211Offices of Certified Public Accountants

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