The Heartland Regional Investment Fund, LLC (“HRIF”) seeks a Certified Public Accounting firm to conduct independent audits of financial records and to prepare and file associated tax returns.
Closing Date: An electronic copy of the completed proposal will be submitted to the HRIF and must be received no later than 3 PM CT on Thursday, January 18, 2024. Electronic proposals should be submitted to Erika Castillo, at [email protected], with a copy to Toni Fox, at [email protected].
Contact:
Toni Fox, Controller
St. Louis Economic Development Partnership
St. Louis, MO 63105
314-615-7663
[email protected]
Questions: Technical assistance is limited to providing copies of previous audit reports and answering questions regarding clarification of Request for Proposal (“RFP”) instructions, definitions, or terms. All questions may be submitted in writing to Toni Fox at the contact address above.
Contract Period: This award will be for a period of up to three years, which may include audits of Heartland Regional Investment Fund, LLC (“HRIF”) and approximately eight (8) separate HRIF subsidiary community development entity funds for fiscal years ending December 31, 2023, December 31, 2024, and December 31, 2025.
Statement of Purpose & Scope of Work
HRIF: The primary purpose of the audit is to express an opinion on HRIF and its related Sub-CDEs. The designated firm will be required to conduct a comprehensive review of all facets of HRIF’s financial affairs and submit opportunities for the improvement of internal accounting controls and management efficiencies. Any deficiencies in internal control, management procedures, and statutory requirements relating to fiscal matters and financial controls shall be reported immediately to the Board Chairperson, Treasurer, Chief Executive Officer, and Chief Financial Officer for the SLEDP. The auditors’ report must be completed by April 30th of each year. HRIF’s fiscal year is January 1 through December 31. The engagement includes preparation of the IRS and State(s) Form 1065 for required entities: Heartland Regional Investment Fund, LLC and the existing eight (8) Sub-CDE’s. Additional Sub-CDE’s may be created throughout the year.
The designated firm’s examination shall be made in accordance with auditing standards generally accepted in the United States of America. The review should also advise HRIF and SLEDP of the optimal approach to complete all required audits. This review should include tests of the accounting records and the supporting evidence, observations, and review of the system of internal control, as the selected firm considers necessary to express an opinion.
See full RFP here.
Proposals Due By:
January 18, 2024, at 3:00 PM
Heartland Regional Investment Fund
c/o St. Louis Economic Development Partnership
ATTN: Erika Castillo
120 S. Central Ave, Suite 200
St. Louis, Missouri 63105
(314) 615-7663
[email protected]