RFP for Audit

Agency:	State Government of Rhode Island
State:	Rhode Island
Type of Government:	State & Local
NAICS Category:	541211 - Offices of Certified Public Accountants 541219 - Other Accounting Services
Posted Date:	May 5, 2026
Due Date:	May 25, 2026
Solicitation No:	BID002FY26
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Bid Documents:	Please Login to View Page

Bid Description
Foster
Bid Number: BID002FY26

Description

Town of Foster Request for Proposals

Request for Auditing and Agreed-Upon Procedures Services
The Town Council of the Town of Foster is soliciting bids for an independent audit of the Town for five fiscal years ending June 30, 2026, June 30, 2027, and June 30, 2028, June 30, 2029, and
June 30, 2030.

The Foster School Department implemented the Uniform Chart of Accounts (UCOA). The auditors engaged to perform the annual audit of the School Department shall also be engaged to report on their tests of compliance with the School UCOA requirements in an agreed-upon procedures compliance attestation format.

Specifications may be obtained on the Town of Foster web site www.townoffoster.com or at the Finance Department, Town Hall, 181 Howard Hill Road, Foster, Rhode Island.

Sealed bids are to be submitted to the Foster Town Clerk, 181 Howard Hill Road, Foster, RI 02825 by May 25 at 2PM and will be opened at that time in the Finance Office. The contract will be awarded at the May 28, 2026 Town Council Meeting.

Bids are to be sealed and identified as “Audit and Agreed-Upon Procedures Bids” on the outside of the envelope.

The Town Council reserves the right to reject any bidder if it deems that it does not possess the personnel, experience and other resources to complete the audit and agreed-upon procedures in accordance with the specifications herein. The Town Council may also reject all bids. In either case, the reason shall be documented.
Published: May 4, 2026 Website: Town and State of RI

Town of Foster Request for Proposals INTENT

It is the intent of the attached specifications to set forth the requirements for the Audit of the annual comprehensive financial statements of the Town of Foster for its fiscal years ending June 30, 2026, 2027, 2028, 2029, and 2030 to include the Foster School Department, or other reporting requirements required by the R.I. Department of Education, and the submission of the Town’s ACFR to the GFOA for the Certificate of Achievement for Excellence in Financial Reporting.

The auditors engaged to perform the annual audit of the School Department shall also be engaged to report on their tests of compliance with the School UCOA requirements in an agreed- upon procedures compliance attestation format.

It shall be understood that the financial audit shall be conducted in accordance with accounting standards generally accepted in the United States of America, standards for financial audits set forth in Government Auditing Standards issued by the Comptroller General of the United States (Yellow Book), and the provisions of OMB Guidance 2 CFR part 200 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (OMB Uniform Guidance) – Subpart F – Audit Requirements.

Instructions to Bidders Town of Foster, Rhode Island...

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