Town of Bristol

Buyer is seeking professional auditing services to audit its financial statements for the fiscal year ending June 30, 2025, with the option for two subsequent fiscal years. The audit must be performed in accordance with generally accepted auditing standards, Government Auditing Standards, and federal Single Audit Act requirements. Buyer requires comprehensive evaluation of financial statements, internal controls, and compliance with applicable laws and regulations. The successful firm will provide audit reports, management recommendations, and presentations to the Town Council.

• 3/25/2025 - RFP issued
• 4/16/2025 - Proposal Due Date
• 5/7/2025 - Selected firm notified
• 6/1/2025 - Contract date
• 8/31/2025 - Interim work completion
• 8/31/2025 - Detailed audit plan due
• 12/1/2025 - Fieldwork completion
• 12/9/2025 - Draft reports due
• 12/23/2025 - Final reports due

• Independence and licensed to practice in Rhode Island
• Adequate continuing professional education for personnel
• No conflict of interest with other work for Town
• Successful external quality control review
• Capacity to meet required deadlines
• Track record of meeting contractual audit deadlines

• Audit financial statements for fiscal year ending June 30, 2025
• Follow Government Auditing Standards and federal Single Audit Act requirements
• Express opinion on fair presentation of basic financial statements
• Evaluate internal controls over financial reporting and compliance
• Report on Municipal Transparency Portal (MTP) supplementary information
• Audit major federal programs as required by OMB Uniform Guidance
• Prepare management letter with recommendations for operational improvements
• Submit audit reports to state and federal agencies
• Present audit findings to Town Council
• Provide detailed audit plan and schedule of required documentation