When is the submission deadline?

Submissions are due July 3, 2026. Questions must be submitted by June 12, 2026.

It was issued by Cook County Government. The work is located in Chicago, Illinois, United States.

Who is a good fit for this opportunity?

Certified public accounting firm with government-sector experience. Proven history in auditing defined contribution or deferred compensation plans. Strong familiarity with Internal Revenue Service regulations. Ability to comply with deadlines and provide services in Illinois.

Deferred Compensation Plan Audit Services (Due July 3, 2026)

Overview

Financial, Legal, HR & Staffing

Chicago, Illinois, United StatesPosted: June 6th, 2026Deadline: July 3rd, 2026

Fit Score

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SUMMARY

Chicago seeks certified public accounting firms to audit the financial statements of its Deferred Compensation Plan for county employees as part of a two-year contract.

KEY REQUIREMENTS

Must be a qualified certified public accounting firm
Must be in good standing and licensed to perform services in the State of Illinois
Must have experience with large complex public sector organizations
Must meet a 20% MBE/WBE participation goal
Must submit an Economic Disclosure Statement
Must submit an Identification of Subcontractor/Supplier/Subconsultant Form
Must submit an Addendum Acknowledgement Form
Must provide audited financial statements for the last three fiscal years

CONTRACT DURATION

60 months

TIMELINE

RFP Advertised: June 5th, 2026

Questions Due: June 12th, 2026

Proposals Due: July 3rd, 2026

Engagement Letter Meeting: May 7th, 2027

Draft Reports Due: July 24th, 2027

Final Report and Management Letter Due: August 14th, 2027

Detailed Audit Plan Due: December 31st, 2027

QUESTION DEADLINE

June 12th, 2026

Issuing Agency

Cook County Government

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DESCRIPTION

The government authority based in Chicago, Illinois is seeking certified public accounting firms to provide audit services for the financial statements of its Deferred Compensation Plan for public employees. The scope includes auditing the statement of plan net position, the related statement of changes in plan net position for the year ended, and the associated notes to the financial statements.

The Deferred Compensation Plan is a defined contribution plan established for all county employees, including those with the Forest Preserve District, allowing them to defer compensation to a future date as permitted by Internal Revenue regulations. The contract period for the selected firm will be two years. All questions regarding the RFP must be submitted no later than June 12, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due July 3, 2026. Questions must be submitted by June 12, 2026.
Who issued this RFP?: It was issued by Cook County Government. The work is located in Chicago, Illinois, United States.
Who is a good fit for this opportunity?: Certified public accounting firm with government-sector experience
Proven history in auditing defined contribution or deferred compensation plans
Strong familiarity with Internal Revenue Service regulations
Ability to comply with deadlines and provide services in Illinois

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