The Authority wishes to receive proposals for selection of an independent certified public accounting firm, licensed to practice in the State of Illinois, to provide external independent auditing services to the Authority for each fiscal year period of three (3) years, beginning with an audit of the financial statements for fiscal year ending April 30, 2022, April 30, 2023, and ending after the completion and submission of the audit report for the fiscal year ending April 30, 2024, with options to renew.
Option to renew to be exercised by the Authority for up to two (2) additional years at rates to be negotiated after completion and submission of the audit reports for the fiscal year ended April 30, 2024.
A committee of the Authority will convene, review and evaluate all proposals submitted based on the requirements set forth in the Request for Proposal. The criteria for ranking proposers is 1) experience of the firm on comparable government engagements (0 – 25 points); 2) professional qualifications of the firm and the principals performing the work (0 – 25 points); 3) ability of the firm to comply with the scope of services and timetable provided (0 – 20 points); 4) proposed fee schedule (0 – 20 points); and 5) other factors as the Authority deems important (0 – 10 points).
Please note that proposals will be evaluated on content.
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