Accountant and Financial Consulting Services

The City of East Orange Board of Water Commissioners (EOBWC) is soliciting competitive proposals from qualified entities to provide comprehensive Accountant and Financial Consulting Services for the financial records of the City of East Orange. This critical professional service contract spans the period of January 1, 2023, through December 31, 2023, for a term of twelve (12) months. The extensive scope of work includes, but is not limited to, providing operational and financial advisory services aligned with utility industry standards, focusing on metered revenue capture, customer service billing and collection systems, work order utility practices, and financial monitoring of capital project execution. Furthermore, the selected firm will support capital financing and existing debt management in collaboration with bond counsel and the New Jersey Infrastructure Bank (NJIB), work closely with the Commission's engineers and financing advisors, and offer crucial accounting, budgetary, financial, and long-term plan advisory services, along with producing monthly revenue/expense forecasts, inspecting financial transactions, advising on legislative changes, and providing dedicated staff support. Prospective contractors must demonstrate exceptional qualifications and adherence to stringent New Jersey state requirements. Mandatory licenses include a valid Certified Public Accountant (CPA) license and a valid Registered Municipal Accountant (RMA) license, both issued by the appropriate New Jersey authority. Firms are required to possess a minimum of ten (10) years of experience in providing auditing services specifically to municipalities within the State of New Jersey. Additionally, the proposal must assign senior staff members as regular support for the City, with each possessing at least ten (10) years of experience in audit services and other specified consulting areas. Maintaining a current principal office within the State of New Jersey is also a mandatory prerequisite. The solicitation does not indicate any mandatory pre-bid meetings or site visits for respondents. Detailed proposals must be submitted in a sealed envelope clearly marked with the consultant's name and "ACCOUNTANT AND FINANCIAL CONSULTING SERVICES." Submissions are to be addressed to the Purchasing Agent, City of East Orange, City Hall, 44 City Hall Plaza, East Orange, NJ 07018, and delivered to the Division of Procurement, First Floor, City Hall, or mailed to arrive prior to the deadline. The definitive submission deadline was Wednesday, February 22, 2023, at 11:00 a.m. prevailing time, at which time proposals were publicly opened. Required submission documents include, but are not limited to, a Non-Collusion Affidavit, Disclosure of Ownership Form, Business Registration Certificate, Professional Services Entity Information Form, Qualification Affidavit, and Letters of Intent and Qualification. For inquiries, Racquel C. Ferguson, QPA, Purchasing Agent, can be reached at (973) 266-5162. No specific bid security or performance bonds are mentioned as required in the provided text.