SOUTHWEST MICHIGAN REGIONAL AIRPORT – REQUEST FOR PROPOSAL FOR ACCOUNTING SERVICES

Request for Proposal (RFP) for Accounting Services
Southwest Michigan Regional Airport
Introduction: The Southwest Michigan Regional Airport is seeking proposals from qualified accounting firms to provide comprehensive accounting services. This RFP outlines the requirements and expectations for the services to be provided. Please note that this RFP does not include auditing services.
Scope of Services: The selected firm will be responsible for the following accounting services:
1. Financial Statement Preparation:
a. Prepare monthly, quarterly, and annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
b. Ensure accurate and timely reporting of financial data.
2. Budgeting and Forecasting:
a. Assist in the preparation of the annual budget.
b. Provide financial forecasting and analysis to support decision-making.
3. Accounts Payable and Receivable:
a. Manage accounts payable and receivable processes.
b. Ensure timely payment of invoices and collection of receivables.
4. Payroll Processing:
a. Process payroll and ensure compliance with relevant laws and regulations.
b. Prepare and file payroll tax returns.
5. General Ledger Maintenance:
a. Maintain the general ledger and ensure all transactions are accurately recorded.
b. Perform regular reconciliations of bank accounts and other balance sheet accounts.
6. Financial Reporting:
a. Prepare and present financial reports to the Airport Authority Board.
b. Provide analysis and recommendations based on financial data.
Proposal Requirements: Interested firms should submit a proposal that includes the following:
1. Firm Overview:
a. A brief history of the firm, including experience and qualifications in providing accounting services.
b. Information on the firm’s staff who will be assigned to this project.
2. Approach and Methodology:
a. A detailed description of the approach and methodology to be used in providing the requested services.
b. Examples of similar projects completed by the firm.
3. Fee Structure:
a. A detailed fee proposal, including hourly rates and any other costs associated with the services.
b. Information on how the firm will bill for services (e.g., monthly, quarterly).
4. References:
a. Contact information for at least three references from clients for whom the firm has provided similar services.
Submission Instructions: Proposals must be submitted by Wednesday December 18th, 2024 ] to the following address:
Southwest Michigan Regional Airport
1123 Territorial Road
Benton Harbor, MI. 49022
Attention: Shannon Christy
Evaluation Criteria: Proposals will be evaluated based on the following criteria:
1. Experience and qualifications of the firm and assigned staff.
2. Approach and methodology.
3. Fee structure.
4. References.
Contact Information: For any questions or further information, please contact:
Shannon Christy
269-486-1118
Director@swmiairport.com
Conclusion: We look forward to receiving your proposal and appreciate your interest in providing accounting services to the Southwest Michigan Regional Airport. Please note that this RFP does not include auditing services.