Find Financial & Audit Services RFPs in Colorado

12 active opportunities· Updated daily

TitleAgencyDue DateSet-AsideEst. Value
Underwriter Services for Airport Enterprise Revenue Bonds, Series 2026/2027Rocky Mountain E-BidNet Purchasing System2026-06-05
Underwriter Services for Airport Enterprise Revenue Bonds, Series 2026/2027bids2026-06-05Minority Business Enterprise
Financial Advisor Services (IRMA)Rocky Mountain E-BidNet Purchasing System2026-06-09
Financial Advisor Services (IRMA)bids2026-06-09Minority Business Enterprise
Code Audit - Transportation and Safety PolicyRocky Mountain E-BidNet Purchasing System2026-06-16
Code Audit - Transportation and Safety Policybids2026-06-16Minority Business Enterprise
RFP for Governor's Office Disaster Emergency FundColorado Office of the State Auditor2026-06-18$500K
Yampa Valley Regional Transportation Authority - Accounting ServicesRocky Mountain E-BidNet Purchasing System2026-06-22
Ad Valorem Tax Audits - 2027Rocky Mountain E-BidNet Purchasing System2026-07-16
Ad Valorem Tax Audits - 2027bids2026-07-16Minority Business Enterprise
Active Duty Dental Plan (ADDP4)U.S. Department Of Defense2026-08-20$21.5M
Regulatory Audit and Amendments to Advance Housing ProductionClear Creek CountyTBD

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Tips for Winning Financial & Audit Services Contracts in Colorado

  • Single Audit Act (2 CFR Part 200, Subpart F) compliance creates recurring annual audit work for every government entity receiving $750,000+ in federal funds — thousands of contracts are issued each year by states, cities, school districts, and nonprofits.
  • CAFR (now ACFR — Annual Comprehensive Financial Report) preparation and auditing are rebid every 3–5 years by most government entities. Monitor procurement portals for audit services RFPs during Q1 and Q2 of the government fiscal year.
  • Government pension fund consulting (actuarial, investment advisory) is a specialized niche with high barriers to entry but long contract terms. Build credentials through GFOA (Government Finance Officers Association) and the Pension section of the American Academy of Actuaries.

Financial & Audit Services RFP FAQ

What is the Single Audit Act and how does it create contracting opportunities?

The Single Audit Act (31 U.S.C. §§ 7501–7507) and 2 CFR Part 200 require any non-federal entity spending $750,000 or more in federal awards to have a single audit conducted by an independent CPA firm. This affects thousands of state/local governments, school districts, and nonprofits annually, creating a large recurring market for audit firms.

What qualifications do firms need for government audit contracts?

Firms must meet Government Auditing Standards (the Yellow Book, published by GAO). Partners and staff must complete continuing education in governmental auditing. CPA licensure is required. Many states also require peer review under AICPA standards. For federal work, firms should be registered in SAM.gov.

How are government audit contracts typically structured?

Most government audit contracts are awarded for 3–5 years with annual renewals. They are typically fixed-price for the base audit, with optional add-on services for compliance testing, internal control assessments, and management advisory services. Contracts are usually rebid at the end of the term, and rotation policies in some jurisdictions require changing auditors periodically.

What is ACFR preparation and who procures it?

The Annual Comprehensive Financial Report (ACFR, formerly CAFR) is a set of government financial statements meeting GASB standards. State and local governments, school districts, and special districts either prepare ACFRs in-house or contract with CPA firms. GFOA's Certificate of Achievement in Financial Reporting program sets the gold standard.

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