Request for Proposals: Audit Services
Release Date: Monday, April 3, 2023
The Mid-Peninsula Water District (MPWD) is requesting proposal responses from highly-qualified and experienced independent certified public accounting firms (Proposing Firm) to audit and report on the financial position and internal controls of the District. Such firms must possess the required license(s) to practice in the State of California and regularly practice in local government audits (particularly special districts).
All proposals must remain valid for ninety (90) days from the due date.
The District operates on a July 1 – June 30 fiscal year. The District anticipates a three-year base term audit service agreement, with the option to extend the agreement for two additional years, subject to annual review by the District beginning with the fiscal year ending June 30, 2023. Additional information about the District, including budgets and past audit reports can be found on the District website HERE.
Download the complete Request for Proposals (RFP) here (PDF)
Download the Professional Services Agreement (PSA) here (PDF)
PROPOSAL SUBMITTAL:
Email submission of proposals must be received by the District not later than 3:00 PM on Friday, May 19, 2023. Proposals received after the time or at any place other than stated will not be accepted. Proposals shall be prepared, presented and negotiated at the sole cost of the Proposer. Submission of a proposal shall constitute a firm offer to the District for ninety (90) days from the deadline for receipt of proposals. A Proposer may withdraw its proposal any time before the date and time when proposals are due, without prejudice, by submitting a written email request to: Kat Wuelfing, Assistant General Manager, at kwuelfing@midpeninsulawater.org. A telephone request is not acceptable.
Please include “RFP Response – Audit Services” in the subject line of your submittal email. Proposals and all inquiries relating to this RFP should be emailed to: Kat Wuelfing, Assistant General Manager, at kwuelfing@midpeninsulawater.org
The MPWD Board of Directors reserves the right to reject any and all proposals, or parts of proposals, when it is judged to be in the best interest of the MPWD.
RFP KEY DATES
The tentative schedule of significant events relating to this RFP is provided below. The District reserves the right, in its sole discretion, to modify this schedule and any specific time-of-day deadlines as discussed in the following section.
- Release of RFP: Monday, April 3, 2023
- Written questions due: Wednesday, April 12, 2023
- Deadline for MPWD’s response to RFP questions: By 12:00 PM on Wednesday, April 19, 2023
- Deadline for submitting proposals to MPWD: By 3:00 PM on Friday, May 19, 2023
- Evaluation of RFPs by MPWD staff and Finance Committee: Wednesday, June 14, 2023
- Selection of Auditor by Board of Directors: Thursday, July 27, 2023
- Auditor to provide draft engagement letter: Wednesday, August 2, 2023
- General manager to approve engagement letter: Wednesday, August 9, 2023
- Services begin (approximate): Friday, August 11, 2023