Question 1

What is "Professional Audit Services"?

Accepted Answer

**PROCUREMENT OVERVIEW:**  
The City of Beverly Hills is seeking proposals from qualified certified public accounting firms to provide independent auditing services for its financial statements for Fiscal Years (FY) 2026-27, 2027-28, and 2028-29. The project aims to ensure compliance with generally accepted accounting principles (GAAP) and relevant auditing standards, including Government Auditing Standards and OMB Circular A-133. The contract includes two optional one-year extensions for FY 2029-30 and FY 2030-31, contingent upon notification to the Audit and Finance Committee.

**ISSUING ORGANIZATION:**  
City of Beverly Hills  
455 N. Rexford Dr., 3rd Floor  
Beverly Hills, California, 90210, USA  
Primary Contact: Anthony Rodstein  
Email: arodstein@beverlyhills.org

**KEY DATES:**  
- Posted Date: March 24, 2026  
- Proposal Due Date: April 10, 2026  
- QA Deadline: March 27, 2026, 5:00 PM (PDT)  
- Anticipated Award Date: Not specified  
- Performance Period: FY 2026-27 to FY 2028-29, with optional extensions through FY 2030-31

**CONTRACT DETAILS:**  
The contract type is a lump sum. There is no specified estimated contract value or budget range mentioned. The contract includes two optional one-year extensions.

**MANDATORY REQUIREMENTS:**  
- Bidders must be qualified certified public accounting firms.  
- Compliance with GAAP and Government Auditing Standards is required.  
- Bidders must have experience conducting audits in accordance with OMB Circular A-133.  
- No bonding or insurance requirements are specified.  
- There are no set-aside restrictions or geographic limitations mentioned.

**TECHNICAL CAPABILITIES:**  
Bidders must demonstrate expertise in financial auditing, including familiarity with GAAP, Government Auditing Standards, and OMB Circular A-133. Knowledge of financial services and auditing methodologies is essential.

**DELIVERABLES AND PERFORMANCE STANDARDS:**  
Key deliverables include the completion of independent audits for the specified fiscal years, adherence to auditing standards, and timely reporting of audit findings. Specific performance metrics or service-level agreements are not detailed in the RFP.

**EVALUATION CRITERIA:**  
Proposals will be evaluated based on criteria that may include technical approach, past performance, and price. The specific weighting of these factors is not provided, but the evaluation may follow a best-value approach.

**PREFERRED QUALIFICATIONS:**  
While not mandatory, bidders with additional certifications, extensive experience in municipal auditing, or a proven track record with similar projects may receive favorable consideration in the evaluation process.

This summary provides a comprehensive overview of the RFP for potential bidders to assess their fit for the opportunity.

Question 2

When is the proposal submission deadline?

Accepted Answer

The proposal submission deadline is April 10, 2026 (7 days left).

Question 3

Where can I submit a proposal or get solicitation documents?

Accepted Answer

You can access the full solicitation documents and submit your proposal at: https://vendors.planetbids.com/portal/39493/bo/bo-detail/140027

Professional Audit Services

Actions

Documents

Description

Additional Information

Source

Source Record ID

Source URL

Type

Status

Is Public

Contract Type

Deadline Text

Created

Last Updated

Contact Info Name

Contact Info Email

Contact Info Phone

Regions Of Opportunity

Organization Address Line

Organization Address City

Organization Address Province

Organization Address Postal Code

Organization Country

Source System

Reference Number

Amendment Number

Summary Updated At

Frequently Asked Questions

AI Summary

Explore More Opportunities