City of Methuen

Buyer seeks proposals to conduct a Financial Audit of the Methuen Public Schools from qualified and experienced firms. The scope of services examines all aspects of current management financial practices including budget management, grant usage, facilities, staffing, and procedures. The audit will evaluate compliance with DESE guidelines and Massachusetts Public Schools Standards. The desired outcome is an objective report detailing best practices, gaps, findings, and recommendations to improve efficiency.

• 4/7/2025 - RFP Available
• 4/17/2025 - Questions Due
• 4/24/2025 - Addenda Issued By
• 4/30/2025 - Proposal Due Date
• 6/30/2025 - Final Report Presentation

• Minimum 5 years in business or lead staff with 10 years experience
• Experience in municipal auditing of public schools
• No conflict of interest with Methuen Public Schools or City employees

• Examine budget and financial management practices
• Evaluate grant usage and Chapter 70 funding application
• Review organizational structure and governance
• Assess adequacy of staffing levels and hiring practices
• Analyze internal financial controls
• Review facilities, training, and equipment management
• Examine operational procedures against DESE standards
• Evaluate strategic and capital planning processes
• Provide cost comparisons with similar municipalities
• Deliver comprehensive report with recommendations for improvement