RFP - Audit Services ~ Rhode Island Infrastructure Bank

RFP - Audit Services ~ Rhode Island Infrastructure Bank

RFP Issue Date: 
Tuesday, January 15, 2019
Submission Deadline: 
Friday, February 1, 2019

Rhode Island Infrastructure Bank (the Bank) is soliciting proposals from qualified firms to perform an audit of the Bank’s annual financial statements which comprise the statement of net position, the related statements of revenues, expenses and changes in net position, and cash flows for the years then ended, and the related notes to the financial statements. In addition, the selected firm will also perform a quarterly agreed-upon procedures audit solely to assist in evaluating the internal accounting records of the Bank for the quarters ending September 30th, December 31st, and March 31st. Please refer to Exhibit A for an example of agreed-upon procedures audit.

Proposal Submission: Electronic submission is required. Proposals should be submitted in PDF format to:

David Birkins
Chief Operating Officer
Rhode Island Infrastructure Bank

Responses must conform with the Quasi-Public Entity Audit Bid Specifications and Procedures (the Guidelines) as issued by the Department of Administration and Office of the Auditor General (please refer to §35-7-13 of the Rhode Island General Laws). Among other things, the Guidelines outline the bid specifications, our evaluation of proposals, and the approval process. The Guidelines can be found at: http://www.oag.ri.gov/quasipublic.html.

Given the forgoing, all aspects of this Request for Proposal (RFP) will similarly conform to the Guidelines noted above and where applicable are incorporated by reference to that section of the Rhode Island General Laws.
Questions regarding this RFP should be emailed to David Birkins no later than 4:00 PM Eastern Time on January 25, 2019. All questions and answers will be aggregated and posted publicly on the “Requests for Proposals” landing page found under the “Doing Business with Us” dropdown menu at www.riib.org. The Bank will not answer questions verbally or individually during the RFP process.

Addendum - Response to Questions

Rhode Island Infrastructure Bank -Yellow Book for FYE0618