Independent Audit Services

Overview

Financial, Legal, HR & Staffing

Oak Brook, Illinois, United StatesPosted about 2 months agoDeadline: May 1st, 2026

Fit Score

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SUMMARY

The government in Oak Brook, Illinois seeks a qualified firm for independent audit services of its financial statements from 2026 to 2030.

KEY REQUIREMENTS

Must be an independent Certified Public Accounting firm
Must have audited public pension plans with globally invested assets in excess of $500 million
Must be licensed to practice as a Certified Public Accountant in Illinois
Must be able to obtain an errors and omissions insurance policy in the amount of $10 million
Must be pre-qualified through the IMRF Purchasing Department
Must comply with the IMRF Code of Conduct
Must comply with the IMRF Diversity Procurement Policy
Must provide a Third Party Cybersecurity Questionnaire

BUDGET

Estimate

$250,000 – $500,000

CONTRACT DURATION

60 months

TIMELINE

Pre-proposal virtual conference: March 24th, 2026

Due date for proposals: May 1st, 2026

Finalist in-person interviews: May 11th, 2026 through May 14th, 2026

Selection of firm: May 29th, 2026

Notification of selected firm: June 1st, 2026

Agreement date: June 18th, 2026

QUESTION DEADLINE

March 23rd, 2026

Issuing Agency

Illinois Municipal Retirement Fund

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority in Oak Brook, Illinois is seeking a qualified vendor to provide independent audit services for its financial statements. The appointed firm will conduct audits for fiscal years ending December 31, 2026, through December 31, 2030, ensuring the accuracy and integrity of the Annual Comprehensive Financial Report (ACFR).

A pre-proposal virtual conference is scheduled for March 24, 2026. Auditing firms are expected to demonstrate experience with government financial audits, compliance with relevant regulations, and the ability to deliver timely and comprehensive reporting over a multi-year engagement.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.