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Tacoma·Washington

Annual Utility Audit Services

Closes 6/9/2026$1.2M – $1.6MRequest for Proposal
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Description

The City of Tacoma is seeking a nationally‑recognized CPA firm to perform comprehensive financial‑statement audits of its five municipally‑owned utility entities (Power, Water, Rail, Sewer/Wastewater & Stormwater, and Solid Waste Management) for each of the fiscal years ending December 31, 2026 through 2030. The audit must be performed in accordance with GAAP and GAGAS, include debt‑service compliance reviews, and deliver management letters and optional training sessions. The contract is valued at approximately $1.45 million over a five‑year base term, with potential two‑year extensions. • Audit all five utility stand‑alone financial statements for FY 2026‑2030. • Provide audit opinions, debt‑service/bond‑reserve compliance reviews, and management letters within five days of report issuance. • Offer two CPE‑qualified training sessions per year and handle EPA‑related attestations as required. • Must be a Washington‑licensed CPA firm with at least five years’ experience in governmental and utility audits, maintain a local office, and supply detailed fee proposals (not‑to‑exceed per year).

Attached files

Contact

Brandon Snow(Finance Department)

[email protected]

Key dates

Opened
5/18/2026
Closes
6/9/2026
Projected award
8/11/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541211
Solicitation №
FI26-0100F

Budget estimate

$1,200,000 – $1,600,000

The RFP states an estimated total contract value of $1,445,000 for the five‑year base term. Assuming the firm can capture the full award, annual revenue would average about $289,000. Accounting for possible extensions (up to two additional two‑year terms) and potential additional services (training, EPA attestations), a realistic earnings range is roughly $1.2 million to $1.6 million over the contract lifespan.

AI estimate from the solicitation

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