External Audit Services

Toronto Waterfront Revitalization Corporation is seeking a qualified firm for three years of external financial statement audits, French translation of reports, accessibility compliance, management reporting, and Audit Committee meetings, with two one-year extension options.

Toronto Waterfront Revitalization Corporation


General
Open (open)
RFP #2026-23
Oct 30, 2026 06:00 PM
Oct 08, 2026 08:30 PM
3 years base + 2 × 1 year options
Other
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Original Solicitation Links
Submission Instructions
Online
Submit the Technical Proposal as a PDF; submit Forms F1 through F6 as separate files in their corresponding portal fields; do not combine forms; do not include financial proposals or forms in the Technical Proposal; upload each document only once
Description

Toronto Waterfront Revitalization Corporation is seeking one qualified legal entity to provide external audit services for fiscal years ending March 31, 2027, March 31, 2028, and March 31, 2029. The scope includes planning and conducting annual financial statement audits in accordance with Canadian Public Sector Accounting Standards, issuing an independent auditor’s report and management letter, reviewing relevant financial disclosures, and attending two Audit Committee meetings per year. The engagement team must be led by a CPA licensed and in good standing to perform financial statement audits in Ontario and must have experience with comparable public-sector organizations and major cloud-based ERP environments. The successful firm must translate the financial statements and auditor’s report from English into French and ensure deliverables comply with the Accessibility for Ontarians with Disabilities Act and WCAG Level 2AA. The initial term is three years, with two additional one-year extension options at the buyer’s discretion. The proposal requires a technical proposal, Forms F1 through F6, project experience for at least five relevant projects completed within the past five years, personnel information and CVs, an organization chart, approach and methodology, a Gantt-chart schedule, and Ontario/Canadian domestic-capability information.

Classification Codes
NAICS541211Offices of Certified Public Accountants
PSCR704Auditing Services
Smart Codes
financial statement auditingfinancial report translationaudit committee advisory
Specifications
Service
Timeline
Oct 08, 2026 08:30 PM-Open Date
Oct 24, 2026 03:30 AM-Questions Due Date
Oct 30, 2026 06:00 PM-Intent to Bid Due Date
Oct 30, 2026 06:00 PM-Proposal Submission Deadline
Nov 30, 2026-Anticipated Commencement of Concurrent Negotiations
Dec 15, 2026-Anticipated Deadline for Submission of Best and Final Offer
Jan 15, 2027-Anticipated Identification of Preferred Proponent
Feb 15, 2027-Anticipated Agreement Execution and Service Start
Requirements
Required
  • Commercial General Liability — $5,000,000.00
  • Automobile Liability — $5,000,000.00
  • Professional Liability — $5,000,000.00
Scored
  • Minimum 5 references
  • Within the last 5 years
  • Client point of contact required for each reference
No
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