Procurement Portal
Audit Services #3: YoloTD Financial Audit
Post Information
- Posted At:
- Thu, Dec 19, 2024 4:33 PM
- Sealed Bid Process:
- No
- Private Bid:
- No
1. Introduction
1.1. Summary
SACOG is seeking or more audit firm(s) to conduct the financial SACOG's annual financial audit, transit funds audits, financial audit of transit agencies and Capital Area Regional Tolling Authority. SACOG is inviting qualified audit firms to submit for one or more audit services by submitting a separate proposal for each audit service list below. SACOG and/or Partner Agencies will award one contract for each audit service category. The contracts will be awarded for three years term, with the option to extend for two more years for a total of five years.
This is for Audit Services #3: Yolo County Transportation District Financial Audit. Yolo County Transportation District (YoloTD) is seeking proposals from qualified certified public accounting firms to provide professional auditing services. These services include conducting YoloTD's annual financial audit and Single Audit in compliance with federal and state regulations, as well as applicable accounting standards. The selected firm will contract directly with Yolo County Transportation District.
Timelines for Financial Audits
Selected firm will perform the specified work for the following fiscal year:
Fiscal Year Ending June 30, 2025
Fiscal Year Ending June 30, 2026
Fiscal Year Ending June 30, 2027
OPTION YEARS:
Agreements may be extended for one two-year option for the following fiscal years;
Fiscal Year Ending June 30, 2028
Fiscal Year Ending June 30, 2029
For more information on other audit RFPs, please click on the links below:
Audit Services #1: SACOG/State Transit Funds Audit
https://procurement.opengov.com/portal/sacog/projects/134789
Audit Services #2: SACOG Financial Audit
https://procurement.opengov.com/portal/sacog/projects/134831
Audit Services#4: CARTA Financial Audit
https://procurement.opengov.com/portal/sacog/projects/134846
1.2. Background
YoloTD is a public agency that provides vital transit services for Yolo County and surrounding areas, funded through a mix of federal, state, and local sources. As a recipient of public funds, YoloTD must meet rigorous financial reporting and compliance requirements, including annual financial audits, transit funds audits, and Single Audits under the federal Uniform Guidance (2 CFR Part 200). These audits ensure transparency, accountability, and continued eligibility for critical funding. https://yolotd.org/
YoloTD operates with a small, dedicated staff, many of whom are new to public transit and are still building expertise in this specialized field. To succeed, the selected audit firm must not only bring technical proficiency in governmental and transit agency audits but must have a collaborative approach to guide and support staff throughout the process. Firms with experience working with smaller organizations and offering practical recommendations for improving financial practices and compliance are strongly preferred.
1.3. Contact Information
Caroline Payne
Analyst
1415 L Street Suite 300
Sacramento, CA 95814
Email: [email protected]
Phone: (916) 340-6232
Heather Luke
Procurement Officer
1415 L Street
Sacramento, CA 95814
Email: [email protected]
Phone: (916) 340-6223
Department:
Procurement
1.4. Timeline
https://sacog-org.zoom.us/j/88268272293
Meeting ID: 882 6827 2293
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