Audit Services

City of Corsicana
Request for Proposal (RFP) for
Municipal Government Audit Services
March 23, 2026
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CLOSING TIME: RFP'S ARE DUE NOT
LATER THAN 10:00 A.M. ON APRIL 17, 2026
200 N. 12th STREET
CORSICANA, TX 75110
NAME OF PROPOSER: ____________________________________________
NOTICE OF REQUEST FOR PROPOSALS
CITY OF CORSICANA
NOTICE IS HEREBY GIVEN that the City of Corsicana, Texas, will receive proposals, for MUNICIPAL
GOVERNMENT AUDIT SERVICES, as stated in the RFP documents.
The City shall receive proposals from qualified professional certified public accounting firms
specializing in governmental agency audit services for the City of Corsicana as outlined in the
Specifications section of the RFP.
Said RFP's must be in the office of the Finance Director, City of Corsicana, 200 N. 12th Street,
Corsicana, Texas, 75110, NO LATER THAN 10:00 a.m. on Friday, April 17, 2026. RFP's that are
postmarked but not received until after this deadline will not be accepted. RFP's received after
the posted cut-off time will not be accepted.
All RFP's are to be marked clearly on the outside or if submitting by email in the subject line: "RFP
FOR MUNICIPAL GOVERNMENT AUDIT SERVICES".
RFP's may be mailed to 200 N. 12th Street, Corsicana, TX 75110, or delivered by courier or in
person to the Finance Director's office 200 N. 12th Street, Corsicana, TX 75110. RFP's may also
be submitted by email at bids@corsicanatx.gov.
RFP documents may be obtained at the City of Corsicana Finance Dept. 200 N. 12th Street,
Corsicana, Texas 75110. RFP documents will be ready for pick up on and after March 23, 2026.
RFP's may also be downloaded in Adobe Acrobat format on the Public Notices section of the
City's website at www.cityofcorsicana.com. To receive an electronic version to complete
(showing all tracked changes), please e-mail your request to the Finance Department at
vrich@corsicanatx.gov.
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The right is reserved to reject any and all Proposals or to accept the Proposal which is deemed by
the City of Corsicana to be in the best interest of the City of Corsicana. The City of Corsicana also
reserves the right to waive any irregularities and/or informalities in the RFP process.
For further information, contact City of Corsicana Finance Dept. at (903) 654-4817 or Facsimile
(903) 654-4800.
CALENDAR OF EVENTS
Monday, March 23 Distribute Audit Services Application/Contract to prospective
audit firms, via e-mail and City website
Wednesday, March 25 and Advertise the Audit Services request notice in the Corsicana
Wednesday, April 01 Daily Sun Newspaper
Monday, March 23 RFP documents ready for pick up on or after March 23
Friday, April 17 Deadline for bid submission of the Audit Services applications
To the Director of Finance from interested institutions
By 10:00 a.m. Bid opening will begin at 10:00 a.m. in the Council
Chambers.
Friday, April 17 to Review and selection process
Thursday, April 23
Monday, May 11 Council presentation for the award of the new contract
Tuesday, May 12 Notify all bidders
Tuesday, May 12 Execute Audit Services Contract/Agreements
Publish Dates: March 25 and April 1, 2026
Corsicana Daily Sun - Legal Publications
Proof of Publication Required
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INSTRUCTIONS TO PROPOSERS
SECTION 1: PROPOSER'S REVIEW
Proposers are expected to examine all related documents of the Request for Proposal. Failure to
do so will be at the proposer's risk.
Any questions concerning the Request For Proposal process should be referred to the City of
Corsicana Director of Finance at (903) 654-4817 at least 72 hours prior to RFP due time. Changes
in the RFP which might arise out of such referral will then be forwarded to all RFP holders of
record prior to the time set for RFP receipt.
SECTION 2: SUBMISSION OF REQUEST FOR PROPOSAL
The City of Corsicana is an Affirmative Action/Equal Opportunity Employer. Prospective suppliers
shall be cognizant of the requirement for compliance with Executive Order 11246, entitled "Equal
Employment Opportunity" as amended by Executive Order 11375 and as supplemented in
regulations of the U.S. Department of Labor (41 CFR part 60).
Proposers are encouraged to describe in detail their services as related to this section and any
additional offerings related to the offering but not specified in this request for proposal.
ONE (1) COMPLETE ORIGINAL AND ONE (1) COMPLETE DUPLICATE COPY of the entire proposal
shall be delivered by the time and to the place stipulated in the Notice of Request for Proposal.
It is the proposer's sole responsibility to see that their proposal is received at the place, date and
time specified. Any proposal received after the scheduled closing time for receipt of proposals
may be returned to the proposer as unacceptable. Oral, facsimile, telegraph, or telephone or
other electronic modifications will not be considered.
Altering the Proposal language or any document or form may render your proposal
nonresponsive.
A duly authorized representative of the proposing firm shall sign the proposal document.
Unsigned offers may be rejected.
Signed copies of all Addenda and/or bulletins issued to prospective providers should be enclosed
with the Proposal. Failure of the proposer to enclose said addenda or bulletins will be considered
grounds for rejection of the RFP.
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SECTION 3: AWARD OF CONTRACT
Any or all Request for Proposal Responses received in response to a RFP may be rejected by the
governing body or its authorized representative if such governing body or its authorized
representative determines that any such proposer is not responsive or responsible or if the public
interest would be served by such a rejection.
The City of Corsicana reserves the right to waive any irregularities and/or informalities in the
submitted Proposal Forms. Should the City elect to waive a right it will not constitute an
automatic waiver of that right in the future nor will it impact any other right or remedy. Should
the successful proposer fail to deliver the materials or perform the services in accordance with
the stipulated schedule, including any extensions authorized by the City of Corsicana, the City
may declare the successful proposer in default of contract and recover all damages, costs and
fees (including Attorney's fees) allowable by law. In the case of default by the successful
Proposer, the City of Corsicana may procure the service(s) from another source and hold the
defaulting Proposer responsible for an excess cost occasioned thereby, debar the defaulting
proposer for not less than one year or pursue other applicable legal remedies. The successful
vendor may not assign their rights and duties under this award without written consent of the
City. Such consent shall not relieve the assignor of liability in event of default of their assignee.
The City will notify you in writing if you have been awarded the contract.
The City is required to comply with Chapter 552, Texas Government Code, known as the Public
Information Act. This Act establishes a state mandate in favor of disclosure of public records. As
such, the information submitted to the City may ultimately be subject to disclosure as a public
record.
SECTION 4: QUESTIONS/INFORMATION
Questions concerning any aspects of the Proposal process should be addressed to: Val Rich,
Director of Finance at (903) 654-4817, vrich@corsicanatx.gov.
SECTION 5: GENERAL OVERVIEW
The City of Corsicana desires to contract with a qualified professional certified public accounting
firm to provide stipulated government agency auditing services for the City of Corsicana.
The vendor will perform the services listed in the Specifications Section in cooperation with the
Director of Finance or designated accounting/financial personnel from the City of Corsicana. The
scope of the work services may encompass other related but undefined work associated with this
project.
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SECTION 6: SPECIFICATIONS OF THE REQUEST FOR PROPOSAL (RFP)
The primary specifications of this RFP shall be as follows:
A. General Information
The City of Corsicana, Texas (City) is requesting proposals from qualified certified public
accounting firms to audit their financial statements for the three fiscal years ending September
30, 2026, 2027, and 2028, with the option of auditing their financial statements for each of the
two (2) subsequent fiscal years, September 30, 2029 and September 30, 2030.
B. Scope of Work to be performed
The audit of the financial statements of the City's governmental activities, business-type
activities, each major fund, and the aggregate remaining fund information, which collectively
comprise the City's basic financial statements, is to be performed in accordance with auditing
standards generally accepted in the United States of America and the standards applicable to
financial audits contained in Government Auditing Standards, issued by the Comptroller General
of the United States, and/or as prescribed for financial audits of state and local governmental
entities by the:
* General Accounting Office (GAO) (Yellow Book);
* 2 CFR Part 200 - Uniform Guidance
* Government Accounting Standards Board (GASB);
* Securities and Exchange Commission (SEC); and
* Any other state or federal standard setting agencies.
The City also desires the auditor to express an opinion on the fair presentation of the respective
financial position of the governmental activities, the business-type activities, each major fund,
and the aggregate remaining fund of their basic financial statements, including the respective
changes in financial position and cash flows, where applicable, in conformity with accounting
principles generally accepted in the United States of America.
The auditor is not required to audit the supporting schedules contained in the annual financial
report. However, the auditor is to provide an "in-relation-to" opinion on the supporting
schedules based on the limited auditing procedures applied during the audit of the basic financial
statements. The auditor is not required to audit the management's discussion and analysis,
introductory or statistical sections of the report.
In accordance with Government Auditing Standards, a separate report will be required
considering internal controls over financial reporting. In accordance with the Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
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(Uniform Guidance), codified at 2 CFR Part 200, a report on compliance with the requirements of
major federal programs and on internal control over compliance is required.
The City is required to demonstrate financial assurance, as specified in 30 Texas Administrative
Code (TAC) Chapter 37 to the Texas Commission on Environmental Quality (TCEQ) each year. This
includes a certification by the City, accompanied by a separate report Independent Accountant's
Report on Applying Agreed Upon Procedures related to the certification. These agreed upon
procedures should be conducted in accordance with attestation standards established by the
American Institute of Certified Public Accountants. The financial assurance certification is not
audited, although the data included in it should be compared to the City's audited financial
statements. Since there is no audit performed relating to the financial assurance certification,
there is no opinion required.
The City is required to comply with various state laws, including, but not limited to, the Texas
Government Code Chapter 2256, also known as the Public Funds Investment Act and Texas
Government Code Chapter 2257, also known as the Public Funds Collateral Act. The auditor is
required to verify compliance with both.
The City has financial, budgetary, purchasing, investment and collateralization, internal control,
and credit card data security policies and procedures established to ensure that the City's assets
are safeguarded. The auditor is required to verify compliance with City policies and procedures.
The City began participation in the Government Finance Officers Association (GFOA) Certificate
of Achievement for Excellence in Financial Reporting Program. The auditor may be required to
prepare significant portions of the Annual Comprehensive Financial Report (ACFR) for the
convenience of the City. If auditor preparation of significant portions of the ACFR would be
considered a finding or material weakness, please note that in the proposal documents.
The audit reports, including single audit reports, must be submitted no later than March 20th
of each year to conform with requirements set forth in Local Government Code Chapter
103.003 (a) "The annual financial statement, including the auditor's opinion on the statement,
shall be filed in the office of the municipal secretary or clerk within 180 days after the last day
of the municipality's fiscal year." Failure to submit by deadline will result in an automatic
reduction of fees of 10% on March 21st, plus an additional reduction of 1% for each additional
day late.
The Proposal shall include:
1. Request for Proposal form, Disclosure of Principals form, Affidavit of Non-Collusion form,
Statement of Experience/Reference form, and a Conflict of Interest Questionnaire (Form
CIQ) (as required for all vendors doing business with the City). All of these forms are
included with this RFP.
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2. Commitment
A transmittal letter is required, from a principal, regarding your organization's commitment
to the project.
3. Independence
The firm should provide an affirmative statement that it is independent of the City, as
defined by generally accepted auditing standards/the U.S. General Accounting Office's
Government Auditing Standards.
The firm should also list the firm's or proposed contractor's professional relationships
involving the City or any of their agencies or component units/agencies, component units
or oversight unit for the past five (5) years, together with a statement explaining why such
relationships do not constitute a conflict of interest relative to performing the proposed
audit.
4. License to Practice in the State of Texas
An affirmative statement should be included that the firm and all assigned key professional
staff are properly licensed to practice in the State of Texas throughout the agreement term.
5. Firm Qualifications and Experience
The proposer should state the size of the firm, the size of the firm's governmental audit
staff, the location of the office from which the work on this engagement is to be performed
and the number and nature of the professional staff to be employed in this engagement on
a full-time basis and the number and nature of the staff to be so employed on a part-time
basis.
The proposer will indicate whether they have a local office in the Corsicana area and their
auditing experience within the State of Texas.
The firm is also required to submit a copy of the report on its most recent external quality
control review, with a statement whether that quality control review included a review of
specific governmental engagements.
6. Partner, Supervisory and Staff Qualifications and Experience
Identify the principal supervisory and management staff, including engagement partners,
managers, and other supervisors and specialists, who would be assigned to the
engagement. Indicate whether each such person is registered or licensed to practice as a
certified public accountant in Texas. Provide information on government auditing
experience of each person, including information on relevant continuing professional
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education for the past three (3) years and membership in professional organizations
relevant to the performance of this audit.
Provide as much information as possible regarding the number, qualifications, experience
and training, including relevant continuing professional education, of the specific staff to
be assigned to this engagement. Indicate how the quality of the staff over the term of the
agreement will be assured.
The proposer should identify the extent to which staff to be assigned to the audit reflect
the City's commitment to Affirmative Action.
Engagement partners, managers, other supervisory staff and specialists may be changed if
those personnel leave the firm, are promoted or are assigned to another office. These
personnel may also be changed for other reasons with the express prior written permission
of the City of Corsicana. However, in either case, the City of Corsicana retains the right to
approve or reject replacements.
Consultants and firm specialists mentioned in response to this request for proposal can only
be changed with the express prior written permission of the City of Corsicana, which retains
the right to approve or reject replacements.
Other audit personnel may be changed at the discretion of the proposer provided that
replacements have substantially the same or better qualifications or experience.
7. Presentation
The proposer is asked to consider the possibility of three fee rate structures under the
following scenario: The City has traditionally provided ad hoc reports and trial balances
from our integrated financial accounting system which closely resemble financial
statements ultimately found in ACFR documents. Using these reports, the audit team
prepares financial statements and the notes thereto. City staff typically prepares the Letter
of Transmittal, Management's Discussion and Analysis (MD&A) and the statistical section.
The accounting firm then assembles the ACFR document.
Please provide separate pricing (by year) as follows:
Report Type: 2026 2027 2028 2029 2030
Annual
Comprehensive
Financial Report
Single Audit
Additional
Bookkeeping
Service Hourly Rate
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8. Fee Rate Structures
The proposer should indicate all fee rate structures. The structure should include the
standard hourly rates for all staff that will be working on the audit or other bookkeeping
services, including partners, managers, supervisors, and all other staff.
9. Engagements with Other Government Agencies
For the firm's office that will be assigned responsibility for the audit, list the most significant
engagements (maximum - 5) performed in the last five years that are similar to the
engagement described in this request for proposal.
These engagements should be ranked on the basis of total staff hours. Indicate the scope
of work, date, engagement partners, total hours, and the names and telephone numbers
of the principal client contacts.
10. Engagement Letter
When a firm has been selected by the City to perform the above services, that firm will be
asked to submit a letter of engagement that includes the scope of work and fees.
SECTION 7: PROPOSAL, AGREEMENT AND DISPOSITION
The contents of the proposal and any clarifications thereto submitted by the successful proposer
and accepted by the City of Corsicana shall become part of the contractual obligation and
incorporated by reference into any ensuing Agreement.
1. All proposals shall become the property of the City of Corsicana and shall not be returned.
2. The City is required to comply with Chapter 552, Texas Government Code, known as the
Public Information Act. This Act establishes a state mandate in favor of disclosure of public
records. As such, the information submitted to the City may ultimately be subject to
disclosure as a public record, after the formal process has been completed.
Tentative Schedule for Proposal process:
Receive Proposals April 17, 2026
Review and Selection Process April 17 - April 23, 2026
Recommendation/City Council Award No Later than May 11, 2026
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