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The Metropolitan Water District of Southern California·California

External Audit Services

Closes 10/5/2026$1M – $8MRequest for Proposal
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Description

Metropolitan Water District of Southern California is seeking a qualified California‑licensed CPA firm to provide comprehensive external audit services over a four‑year period. The auditor will conduct annual comprehensive financial statement audits (ACFR), issue annual letters of recommendation, perform Single Audits when required, audit the Metropolitan Water District Asset Financing Corporation and several trustee agencies, attend board and committee meetings, and provide ongoing advisory input on accounting, regulatory, and grant‑related matters. The firm must demonstrate at least three years of similar utility/government audit experience and have senior personnel with recent comparable work for equal‑or‑larger entities. Proposals are submitted electronically in two files (technical response and cost schedule) by the October 5, 2026 deadline; questions were due September 9, 2026. Evaluation emphasizes staffing, qualifications, methodology, cost, and small‑business outreach incentives.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Alicia Mestas(Contract Analyst)

[email protected]

(213) 217-7048

Key dates

Opened
9/1/2026
Questions due
9/9/2026
Closes
10/5/2026
Duration
4 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541211
Solicitation №
RFP-AM-1423

Budget estimate

$1,000,000 – $8,000,000

The solicitation does not disclose a contract ceiling. Based on typical audit fees for a utility of Metropolitan’s size (annual budgets > $5 B), a full‑service external audit package—including ACFR, Single Audits, and multiple subsidiary audits—often runs $1‑2 million per year. Over the four‑year term, the total could range from $4 million to $8 million, depending on hourly rates, staffing levels, and any supplemental ad‑hoc examinations.

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