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External Auditing Services

Overview


Financial, Legal, HR & Staffing
Chicago, Illinois, United StatesPosted: August 8, 2026Deadline: September 4, 2026

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SUMMARY


A Chicago government authority is seeking an experienced auditing firm to perform financial, compliance, internal control, and major federal program audits under applicable professional and government auditing standards. A pre-submittal conference will occur August 21, 2026, with questions due August 13, 2026.

KEY REQUIREMENTS


CONTRACT DURATION


36 months

TIMELINE


August 21st, 2026: Pre-Submittal Conference

September 4th, 2026: Proposal Submission Deadline

April 1st, 2027: Contract Commencement

QUESTION DEADLINE


August 13, 2026

CONTACTS


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

Additional decision-makers and their departments

Issuing Agency


Board Of Education Of The City Of Chicago

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DESCRIPTION


A government authority in Chicago, Illinois is seeking external auditing services in accordance with generally accepted auditing standards established by the American Institute of Certified Public Accountants and the financial audit standards outlined in the Government Auditing Standards.

The audit opinion must include all required reports, exhibits, and schedules related to government-wide financial statements, including the statement of net position and statement of activities; fund financial statements, including the balance sheet and statements of revenues, expenditures, and net changes in fund balance; and applicable footnotes and required supplementary information.

The engagement must also include a management comment letter addressing audit findings and recommendations concerning financial systems and statements, internal controls, legality of actions, noncompliance with laws and generally accepted accounting principles, and other material matters. The audit must report significant noncompliance, assess internal control over financial reporting and compliance, and address compliance requirements for each major federal program and related internal controls. A pre-submittal conference is scheduled for August 21, 2026, and questions are due by August 13, 2026.

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Frequently asked questions


When is the submission deadline?
Submissions are due September 4, 2026. Questions must be submitted by August 13, 2026.
Who issued this RFP?
It was issued by Board Of Education Of The City Of Chicago. The work is located in Chicago, Illinois, United States.
Who is a good fit for this opportunity?
  • Certified public accounting firm with extensive governmental auditing experience
  • Proven expertise applying AICPA standards and Government Auditing Standards
  • Experience auditing government-wide, fund, and federal program financial statements
  • Qualified staff experienced in internal control, compliance, and regulatory findings
  • Strong record delivering management letters and audit reports for public-sector entities

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