Audit and Tax Services

The City University of New York ("CUNY") is currently seeking a New York State licensed certified public accounting firm to provide audit and tax services. Interested respondents are highly encouraged to review in detail the attached solicitation document and if the minimum qualifications are met, to submit a proposal in full accordance with the submission requirements as detailed within.

CUNY is seeking an appropriately qualified Contractor with experience in providing these Services.

CUNY anticipates awarding one (1) contract based on an evaluation of best value, as further described in Part 6 of this RFP.

Financial Statement Audits and Uniform Guidance Compliance Audit

The Contractor shall conduct audits of the financial statements, accounts, records and procedures for the University in accordance with Generally Accepted Auditing Standards (GAAS) in the United States of America to ensure that such financial statements and appended notes present fairly, in all material aspects, their financial position in accordance with Generally Accepted Accounting Principles (GAAP) and with applicable Governmental Accounting Standards Board (GASB) statements.

In addition, Contractor shall audit the University’s compliance with the requirements described in U.S. Office of Management and Budget (OMB) Uniform Guidance in accordance with the standards applicable to financial audits contained in Governmental Auditing Standards, issued by the Comptroller General of the United States; and OMB Uniform Guidance, audits of states, local, governments, and non-profit organization.

The Contractor shall provide an independent auditor’s report on the University’s financial statements, with a related report on internal control over financial reporting and compliance with applicable laws and regulations for year of the audit conducted. Comments and recommendations on other matters involving internal control and operations shall be separately communicated in a management letter.

Tax Returns

Contractor shall prepare all required Form 990T and NYS CT-13 forms for the University, as well as any necessary filing extensions, with final drafts of the forms to be received by the Office of Budget and Finance no later than April 30. In addition, Contractor may be asked to prepare other state tax returns as a result of CUNY’s investments. [...] Contractor will also be expected to answer tax questions as they arise.

Tax Services

The Contractor will assist in the preparation, review, and filing of required annual tax returns.

CUNY is not responsible for the delivery or submission of Proposals. Only Proposals that are sent to and received by the Designated Contact, shall be accepted. For this solicitation, CUNY will only be accepting proposals via **email**.

• Proposals submitted via e-mail must include scans of original (wet) signatures and notarizations to be considered a valid Proposal.
• Proposals (including any excel spreadsheets) must be clearly labeled with three (3) separate pdf attachments clearly named for Volume I (Forms), Volume II (Technical Proposal), and Volume III (Price Proposal).
• Proposals submitted via e-mail must be clearly labeled with Proposer’s name and the RFP’s Project name by including the following subject line: [Company’s Name] – UCO XXX Audit and Tax Services Proposal Submission

The Contract Term will be for five (5) years, commencing on the date that the Contract is approved by the Attorney General and the New York State Comptroller, as applicable.

CUNY has established a 30% participation goal for New York State certified Minority-Owned Business Enterprise ("MBE") and Women-Owned Business Enterprises ("WBE") and a 6% participation goal for New York State certified Service-Disabled Veteran-Owned Businesses ("SDVOB").