City of Spring Hill

Buyer seeks a qualified CPA firm to perform annual financial and compliance audits for fiscal years 2026 through 2028, with option to renew for three additional years. The audit must conform to governmental auditing standards and state requirements. Buyer is a city with a population of 60,000 using Tyler Technologies ERP system and expects to need a Single Audit in 2026 due to federal grant funding. A detailed audit plan and experienced governmental audit staff are required.

• 4/1/2025 - RFQ Release
• 4/15/2025 - Deadline for Questions
• 4/19/2025 - Responses to Questions Posted
• 4/28/2025 - Proposal Due Date
• 5/1/2025 - Interviews with Finalists
• 5/5/2025 - Selection of Finalists
• 5/5/2025 - Budget & Finance Advisory Committee
• 5/19/2025 - Board of Mayor & Aldermen voting meeting

• Must be licensed Certified Public Accountants in Tennessee
• Must have met AICPA and Government Auditing Standards peer review
• Must have governmental auditing experience
• Must have professional liability insurance of at least $1,000,000

• Conduct financial and compliance audit in accordance with GAAP
• Express opinion on financial statements and regulatory compliance
• Prepare management letter with recommendations for improvements
• Submit audit reports to state officials and granting agencies
• Complete a Single Audit if federal funds exceed $750,000
• Map City's Chart of Accounts to TN Comptroller's requirements
• Provide adjusting entries with clear explanations
• Present audit findings to Budget Committee and Board
• Assist with GASB implementation and revisions
• Begin audit in April with final submission by November