Financial Audit Services
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Description & Project Overview
Asheville-Buncombe Technical Community College (“the College”) is an agency of the State of North Carolina (“the state”). The terms of “the College” and “the State” will be used interchangeably throughout this RFP. The Asheville-Buncombe Technical Community College Foundation (“the College Foundation") is a non-profit 501c(3) organization whose mission is to support Asheville-Buncombe Technical Community College in all of its programs and activities to ensure that quality educational opportunities are available to its students, faculty and staff.
One of 58 Community Colleges in the North Carolina Community College System, A-B Tech offers associate degrees, diplomas and certificates in more than 60 curriculum programs. The Division of Economic and Workforce Development/Continuing Education offers opportunities for workforce partnerships, specific job training and retraining, as well as personal enrichment classes. A-B Tech enrolls more than 25,000 curriculum and continuing education students in programs at its Asheville, Enka and Madison, South, Woodfin and Goodwill locations.
State agencies are required by North Carolina General Statute 147-64.7(b)(2) to obtain prior approval from the State Auditor of all contracts for auditing services that may impact the College’s financial statements. Further the law provides that the State Auditor will prescribe policy and establish guidelines containing criteria for selecting auditors. The procedures that the College is required to follow when procuring auditing services are described below.
The College and the College Foundation, therefore, are soliciting bids for audit services by a Certified Public Accountant (CPA) firm of the College’s financial statements for the year ending June 30, 2026. The College is a component unit of the NC Community College System; therefore, a Single Audit is not necessary. The College expects the completion of audit services on or before December 15, 2026.
The bidder is requested to outline the timeline progress and completing of the audit by the December 15, 2026, deadline. The College Foundation is a component of the College. As such, reports are due to the North Carolina Office of the State Controller with a specific deadline.
The College Foundation expects completion of audit services on or before November 15, 2026. The bidder is requested to outline the timeline progress and completion of the audit by the November 15, 2026, deadline. Proposals shall be submitted in accordance with the terms and conditions of this RFP and any addenda issued hereto.
Asheville-Buncombe Technical Community College (ABTCC) is seeking proposals for financial audit services for the College and financial audit services for the Foundation for the fiscal year ending June 30, 2026. Firms may submit proposals for just the college (ABTCC), just the Foundation, or both. The intent of this solicitation is to award an Agency Contract.