Consider and take action to award a contract for Financial Audit Services
 

The City of Texas City has not solicited Audit Services in over 15 years. Periodic rebidding of the external audit is a recognized best practice in municipal finance and public governance. The City’s current audit firm has served for approximately fifteen years, and initiating a competitive solicitation at this time will help ensure continued auditor independence and introduce fresh professional perspectives into the City’s financial reporting process.

This action supports transparency, strengthens internal controls, and aligns the City with the expectations of regulatory bodies and credit rating agencies. The purpose of rebidding is not cost-driven, but rather to reinforce strong financial stewardship and uphold the highest standards of accountability.
 

ANALYSIS
The CFO met with the Audit Committee on November 19, 2025 to share the need to rebid for Financial Audit Services.  The Request For Proposal was issued on December 22, 2025 and we received two (2) qualified solicitation packets.  The evaluation team (Audit Committee, Chief Engineer, CFO, and Senior Budget Accountant) completed the evaluation by January 13, 2026.



Based on the criteria,  Forvis Mazars, LLP scored the highest of the two.  The team recommends awarding the Financial Audit Services Contract to Forvis Mazars, LLP.