When is the submission deadline?

Submissions are due September 23, 2026. Questions must be submitted by September 9, 2026.

It was issued by Chicago Park District. The work is located in Chicago, Illinois, United States.

Who is a good fit for this opportunity?

Certified public accounting firm with extensive governmental audit experience. Proven experience auditing annual financial statements and federal awards. Familiarity with Governmental Accounting Standards Board reporting requirements. Capacity to support a five-year public-sector audit engagement. Strong understanding of governmental fund accounting and financial reconciliations.

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Annual Financial Audit Report Services

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Overview

Financial, Legal, HR & Staffing

Chicago, Illinois, United StatesPosted: September 3, 2026Deadline: September 23, 2026

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SUMMARY

A Chicago government authority seeks a qualified auditing firm to provide annual financial statement and federal awards audit services for fiscal years 2026–2030. The resulting contract will span five years.

KEY REQUIREMENTS

Must be a certified public accounting firm licensed to practice in the State of Illinois
Must have experience auditing a public agency of the size of the Chicago Park District
Must commit to 25% MBE and 5% WBE participation
Must perform at least 25% of the work with its own forces
Must maintain professional liability/errors and omissions insurance with limits of not less than $1,000,000 per claim and $2,000,000 in the aggregate
Must maintain commercial general liability insurance with limits of not less than $1,000,000 per occurrence and $2,000,000 in the aggregate
Must maintain excess liability insurance with limits of not less than $2,000,000
Must be financially stable
Must not be in arrears or in default with the Chicago Park District

CONTRACT DURATION

60 months

TIMELINE

Advertisement Date: September 2nd, 2026

Question Deadline: September 9th, 2026

Proposal Due Date: September 23rd, 2026

QUESTION DEADLINE

September 9, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Chicago Park District

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DESCRIPTION

A government authority located in Chicago, Illinois, is seeking professional auditing services for its 2026 through 2030 annual financial statements and Report on Federal Awards. The selected provider will be responsible for preparing annual financial audit reports covering the authority’s government-wide and fund financial statements.

The required audit work includes the Statement of Net Position, Statement of Activities, Balance Sheet for Governmental Funds, reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position, Statement of Revenues, Expenditures, and Changes in Fund Balances for Governmental Funds, and reconciliation of the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the Statement of Activities. The contract period will be five years. Questions must be submitted by September 9, 2026, and proposals are due September 23, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due September 23, 2026. Questions must be submitted by September 9, 2026.
Who issued this RFP?: It was issued by Chicago Park District. The work is located in Chicago, Illinois, United States.
Who is a good fit for this opportunity?: Certified public accounting firm with extensive governmental audit experience
Proven experience auditing annual financial statements and federal awards
Familiarity with Governmental Accounting Standards Board reporting requirements
Capacity to support a five-year public-sector audit engagement
Strong understanding of governmental fund accounting and financial reconciliations

Analysis generated by Settle AI from the source RFP.

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Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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