Annual Municipal Audit Services

The City of Indianola is seeking certified public accounting firms to perform annual financial and, when applicable, single audits for fiscal years 2027 through 2029, with options through fiscal year 2032.

City of Indianola


General
Open
Nov 07, 2026 12:00 PM
Oct 15, 2026 12:00 PM
3 years base + 3 × 1 year options
Request for Proposal (RFP)
Local
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Original Solicitation Links
Submission Instructions
Mail
City of Indianola, Proposal for Audit Services, c/o City Clerk, 110 N 1st St., Indianola, IA 50125
Description

The City of Indianola is requesting proposals from qualified certified public accounting firms for annual audits covering fiscal years ending June 30, 2027, through June 30, 2029, with annual renewal options for fiscal years 2030, 2031, and 2032. Services must comply with U.S. generally accepted auditing standards, Government Auditing Standards, applicable Single Audit Act and OMB requirements, Iowa Auditor of State reporting formats, AICPA guidance, and applicable Iowa law. The selected firm will perform audit fieldwork, prepare adjusting entries and final reports, provide a management letter when appropriate, complete standard and potentially single-audit fee proposals, file the final report with the Iowa Auditor of State, and present audit results to the City Council. Proposals must address firm qualifications, similar municipal audit experience, at least three Iowa municipal references from the past five years, key personnel resumes, quality control, project schedule, data-collection procedures, staffing, fees, and billing. The firm must complete on-site fieldwork within five working days unless mutually extended, provide ten bound final reports and one electronic PDF, and furnish a certificate of insurance if awarded.

Classification Codes
NAICS541211Offices of Certified Public Accountants
PSCR704Auditing Services
Smart Codes
financial statement auditinggovernment compliance auditingmunicipal audit services
Specifications
Service Only
Timeline
Oct 15, 2026-Publication Date
Nov 06, 2026 11:00 PM-Proposal Submission Deadline
Dec 7, 2026-City Council Auditor Selection Consideration
Requirements
Required
Scored
  • Minimum 3 references
  • Within the last 5 years
  • Client point of contact required for each reference
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