Professional Auditing & Accounting Services for the City of Long Beach, Nassau County, New York

Scope and Introduction to Request for Proposal

The City of Long Beach is currently seeking a Professional Independent Auditing and Accounting firm which will provide all required personnel, services and support relating to such accounting and auditing services.  The Professional Services required include, but are not limited to:

• Prepare, audit and issue an opinion on the Basic Financial Statements of the City of Long Beach for the fiscal year ended under audit; assist in the creation of the Management Discussion & Analysis.  The first year under audit will be June 30, 2015.

• Single Audit Report (where required)

• Additional City of Long Beach related agencies to be audited / reviewed:   None
  
• Provide on-call assistance, as required, at the sole discretion of the City should any unspecified additional work arise which requires additional time;

• Be available, in person, for Board meetings, conferences, planning sessions etc., which will be at the discretion of the City;

• Be available to the City within 24 hours should any special circumstances arise;

• Audits must be conducted in accordance with U.S. generally accepted auditing standards. The standards for financial audits must be those contained in Government Auditing Standards, issued by the Comptroller General of the United States. The Single Audit Act of 1994 and the provisions of Amended Single Audit Act (1996) and the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Audit must be applied in order to express an opinion.

• Assist in the compliance of Government Accounting Standards Board (GASB) State No. 34 (including the preparation of GASB 34 financial statements) and any other new standards as they arise.

• The auditor is required to audit the schedule of federal awards.

• The services provided must be performed in a timely fashion with the formal reports issued in the quantities requested.

• Assist in any audit and review of contractually mandated payouts to employees.

• The term of the agreement for services is for three (3) fiscal years with one (2) year renewal which will be granted by mutual consent of the City and the service provider.

• No sub-contracting will be allowed without the express prior written consent of the City of Long Beach.

NOTE:            Copies of prior year audited financial statements; annual update documents, audited financial reports, and annual budgets are available upon request during the proposal process.

The City reserves the right to request additional information or clarifications from proposers, or to allow corrections of errors or omissions.

Following review of submissions, and upon reasonable prior notice, proposers may be requested to make an oral presentation to the City Council regarding their qualifications and bid proposal.

The City is not obligated in any way to require an oral presentation from each and every proposer.