Forensic Audit Services

The Vendor is required to provide forensic audit to conduct a detailed examination of its financial records, internal controls, and operational practices.
- The audit is to identify potential fraud, mismanagement, waste, or non-compliance with applicable laws, regulations, and municipal policies.
- The forensic audit involves a comprehensive review of financial transactions, contracts, procurement activities, and departmental expenditures over a defined period.
- Forensic auditing services to engage a certified public accounting firm with forensic audit service responsibilities.
- The accounting firm must provide at least one (1) certified fraud examiner (CFE) as part of the engagement team.
- The requested review period includes July 1, 2022, through January 1, 2026.
- The initial contract term will be six (6) months.
- Conduct all work in accordance with generally accepted government auditing standards (GAGAS) and shall possess demonstrated experience conducting forensic audits, investigations, and related engagements for governmental entities.
- The firm must be capable of producing work products that may be relied upon for administrative action, regulatory review, criminal referral, civil litigation, or other legal proceedings.