Independent Audit Services / City Auditor

This contract awards a single‑firm, three‑year (with two optional one‑year extensions) engagement to provide comprehensive independent audit services for the City of Worcester and its related entities (Worcester Retirement System, Worcester Redevelopment Authority, and the DCU Center). The selected CPA firm must perform GAAS‑compliant financial statement audits, Single Audits of federal awards, ACFR preparation, management‑letter issuance, and limited nonaudit preparation services for each entity, all under a fixed‑fee structure. Evaluation will focus heavily on technical qualifications, government‑audit experience, peer‑review status, and past performance, with price considered after technical rating. The contract includes detailed insurance, indemnification, and termination provisions, and the City may exercise two one‑year extensions at its discretion. • Scope covers audits of city financial statements, pension system (WRS), redevelopment authority (WRA), and DCU Center for FY 2025‑2027, plus optional extensions. • Fixed‑fee pricing required; historical FY 2024 audit fees total ≈ $211,500, providing a benchmark for the new contract. • Evaluation emphasizes experience with GAAS, Government Auditing Standards, Single Audit requirements, and recent AICPA peer‑review pass.