Independent Accountant Services

The Vendor is required to provide independent accountant services for the fiscal year ending December 31, 2026 and each of the next two successive fiscal years in accordance with generally accepted government auditing standards and the rendering of an opinion as to whether such financial statements present fairly the financial position of the authority in conformity with generally accepted accounting principles (GAAP).
- Issuance of an accountant’s certificate stating that, in examining the financial statements, no knowledge of any default in the fulfillment of any of the terms, covenants, or provisions of the bridge system bond resolution was obtained, or if knowledge of any such default was obtained, a statement thereof.
- Issuance of a management letter as needed based on the examination of the financial statements consisting of the following:
• Recommendations and observations which may have a significant impact on the operations of the authority including operational inefficiencies discovered by the auditor.
• Identification of material weaknesses, if any, in internal accounting controls.
- Compliance report on investment procedures
• As an extension of the audit of financial statements, the proposer must perform such additional work considered necessary to provide a separate compliance report on the investment practices of the authority and their compliance with the authority’s investment policies and procedures and the investment guidelines of the office of the state comptroller, as well as any other applicable laws, regulations, or other guidelines.
• This examination should include an internal control review of investment transaction processing to determine compliance with established procedures.