Description
The City of Minneapolis is seeking an experienced auditing firm to provide comprehensive audit, compilation, agreed‑upon‑procedures, and financial review services for its 70 neighborhood organizations. The contract is a three‑year base term with two optional one‑year extensions, and the work will be performed on an ongoing basis throughout the contract period. Bidders must submit a detailed proposal, include line‑item pricing, and demonstrate qualified personnel capable of handling nonprofit financial audits and related reporting.
• Scope includes full audits, compilations of GAAP financial statements, AUP reviews, and targeted financial reviews for each neighborhood association.
• Deliverables: audit reports, compiled statements, AUP findings, and annual filing assistance (IRS Form 990, state reports).
• Mandatory requirements: qualified CPA‑level staff, ability to attend board meetings (virtual allowed), and compliance with City data‑privacy and insurance standards.