RFP for Account Services

Request for Proposal (RFP): Accounting Services

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The Downtown Business Improvement District Corporation (DBIDC) is seeking proposals from qualified accounting firms to provide accounting services for DBIDC and its related entities.

The services requested under this RFP will cover five (5) fiscal years, from FY 2026 through FY 2030. DBIDC’s fiscal year runs from October 1 through September 30. For example, FY 2026 spans October 1, 2025, through September 30, 2026.

Accounting Services

The Downtown Business Improvement District Corporation (DBIDC) requested the film to perform the following services for the following entities:

Downtown Business Improvement District Corporation (DBIDC)

  • Annual audit:
    • The Downtown DC Foundation is consolidated with the DBIDC.
    • The DDSO is consolidated with the DBIDC.
    • Presentation of annual audit to Executive and Committees in February of each year.
    • Presentation of annual audit to Board of Directors in April of each year.
  • Form 990
  • 401(k) Plan annual audit. The DBIDC has 105 to 115 total participants in its 401(k) Plan: approximately 85 active members and approximately 20 to 30 inactive members.

DowntownDC Foundation

  • Stand-alone annual audit of Downtown DC Foundation.
  • Form 990
  • Annual financial presentation to Executive Committee and Board of Directors.

Downtown BID Services Corporation (DDSO)

  • Form 990

Developer Roundtable:

  • Form 1120
  • DC Corporate Franchise Tax Return

Proposal Requirements

In the proposal, please provide the following information:

General information

  • Provide the latest date DBIDC can notify your firm of its selection while still meeting the RFP deadlines.
  • Provide the name, address, email, and phone number of your firm’s RFP contact.
  • Briefly describe your firm’s background, history, and ownership structure.
  • Describe any significant changes (e.g., ownership or restructuring) in the past three years, and any anticipated future changes.
  • Provide any additional relevant information (one page maximum).

Organization & Expertise

  • Describe your firm’s experience in:
    • Providing audit and tax services to nonprofit organizations.
    • Auditing Employee Benefit Plans.
  • Indicate the number of nonprofit organizations you currently serve, including:
    • Organizations with annual revenue and expenses between $10 million and $30 million.
    • Of those, how many are 501(c)(3) or 501(c)(6) organizations.
  • Provide brief resumes of the key personnel assigned to this engagement, including their areas of expertise.
  • Describe any material litigation, regulatory actions, disciplinary actions or legal proceedings in which your firm, any of its officers or principals or those that will be assigned to our account are or have been involved over the last five years. If any, please provide an explanation and indicate the status or disposition of the action. Under disposition, include any censures or reprimands received from regulatory bodies.
  • Describe any industry awards, recognitions, or leadership accomplishments of your firm or staff.
  • Describe your firm’s customer service philosophy.
  • Describe how your firm uses technology to support the audit process.
  • Describe your firm’s process for identifying and avoiding conflicts of interest.

Pricing and Fees

  • Provide total pricing for the accounting services listed in the “Account Services” section above for five (5) years AND list the price for each service separately for each year. Please feel free to provide an alternative fee schedule.
  • Provide your firm’s procedures for managing any cost overruns that may occur, including those which are client-imposed, those necessitated in response to government overseers or those caused by inaccurate estimates on your part.

References

  • Provide the names and contact information for three (3) similarly sized clients of the partner and manager who will be assigned to our organization.

Proposal Submission

  • Electronic submissions are required
  • Please submit via email to Gerry Widdicombe, Chief Financial Officer DBIDC, at gerry@downtowndc.organd Lulu Liu, Controller DBIDC, at lulu@downtowndc.org, no later than 5:00 p.m. EST on July 14, 2026.

Other Information

Proposals will be reviewed and scored by July 16, 2026. Firms will be notified on July 16, 2026, regarding the opportunity to interview with DBIDC staff between July 20, 2026, and July 24, 2026. The DBIDC will make a final decision by July 28, 2026. This timeline is short; thus, please let us know if you would like more time to respond.

To make your firm’s proposal as accurate as possible, the DBIDC will provide copies of our recent audit reports and 990 filings upon request.

Questions regarding this RFP should be directed to both:

 

⬇️ Download the full RFP below to review the complete scope, requirements, and submission instructions

DowntownDC Business Improvement District (BID) RFP For Accounting Services

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