Audit Services Request for Proposal

Bid Postings • Audit Services Request for Proposal Skip to Main Content UTILITY EMERGENCIES: We have electric, gas, sewer and water service workers on call 24/7 for after-hours emergencies. Call 402-727-2600 to report emergencies and outages. GET ALERTS QUICK Government Services Business Community Online Payments Search Home Bid Postings Print Sign up to receive a text message or email when new bids are added! Print Bid Title: Audit Services Request for Proposal Category: Bid Opportunities Status: Closed Description: The City of Fremont (the City) is soliciting qualification proposals from certain large qualified national and/or regional accounting firms to provide implementation services for Governmental Accounting Standards Board (GASB) Statements No. 101, 102, 103 and 104 or potentially other statements as GASB requirements evolve: • GASB Statement No. 101, Compensated Absences (FY ending 2025) • GASB Statement No. 102, Certain Risk Disclosures (FY ending 2025) • GASB Statement No. 103, Financial Reporting Model Improvements (FY ending 2026) • GASB Statement No. 104, Certain Capital Assets Disclosures (FY ending 2026) The City’s applicable implementation date for GASB 101 and 102 is for our fiscal year ending September 30, 2025. The City’s applicable implementation date for GASB 103 and 104 is for our fiscal year ending September 30, 2026 (though early adoption is encouraged). The City is also soliciting qualification proposals from certain large qualified national and/or regional accounting firms to provide consulting services to possibly assist in preparing drafts of the City’s year-end financial statements for our fiscal year ending September 30, 2025. Your firm may submit a proposal and fee quote for audit, GASB implementation consulting services, and financial statement drafting services, however, it is the City’s intent to award a separate contract for audit services from consulting services. 1. The City of Fremont (the City) is soliciting qualification proposals from certain large qualified national and/or regional accounting firms to audit its financial statements for the year ended September 30, 2025, with the option of auditing its financial statements for each of the two subsequent fiscal years ending September 30, 2026 and 2027. These audits are to be performed in accordance with auditing standards accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. 2. The City of Fremont also requests proposals to conduct the required State of Nebraska compliance procedures for the City’s Keno operations for the fiscal years ending 2025, 2026, and 2027, including preparation of Form 35K. The City’s Keno operator is EHPV Lottery Services LLC, dba Big Red Keno. The City will select the firms whose proposal is most responsive to this Request for Proposal (RFP) and is in the best interest of the City. Proposals submitted in response to the RFP must provide sufficient detail and information to complete an evaluation of their merit. Firms are welcome to respond to any or all requests for audit services/consultation. The City reserves the right to reject any or all proposals. Please see attachment for additional information. Publication Date/Time: 1/22/2025 12:00 AM Closing Date/Time: 2/14/2025 1:00 PM Submittal Information: Interim City Clerk: angie.olson@fremontne.gov Bid Opening Information: February 14, 2025 Miscellaneous: Question: The RFP suggests that the City’s financial statements should be prepared using The Reporting Solution. Is the City open to the consultant using a different solution to prepare the financial statements? Answer: Not right now, no. We move to The Reporting Solution in 2024 spending a great deal of time getting everything set up and mapped. Related Documents: Audit Services REQUEST FOR PROPOSAL 01222025 (PDF) Return To Main Bid Postings Page Live Edit City Boards & Commissions Airport Advisory Committee Board of Adjustment Board of Health Building Code Advisory & Appeals Board Business Improvement District #1 Board Citizen Advisory Review Committee (LB 840) Civil Service Commission Housing Agency Housing Rehabilitation Board Joint Communication Policy Committee Library Board Local Option Review Team Park & Recreation Board Planning Commission Public Service Answering Point Ridge Cemetery Association Utility and Infrastructure Board Parks & Recreation Utilities Online Payments Agendas & Minutes Employment Licenses & Permits Parks & Recreation Utilities City of Fremont 400 E. Military Avenue Fremont, NE 68025 Phone: 402-727-2630 Fax: 402-727-2667 Accessibility Site Map Copyright/Policy Employee Webmail Rail Monitor /QuickLinks.aspx Government Websites by CivicPlus® Loading Loading Do Not Show Again Close Arrow Left Arrow Right [] Slideshow Left Arrow Slideshow Right Arrow