Financial Services

The Vendor is required to provide financial and accounting services for the authority.
- Requirement:
• Core accounting services
• Financial recordkeeping
• Accounts receivable
• Budgeting and financial planning
• Operating budget development
• Capital budget management
• Forecasting
• Grant management and compliance
• Grant accounting
• Reporting and drawdowns
• Quarterly and annual grant reporting
• Audit support for grants
• Financial reporting
• Internal reporting
• External reporting
• National transit database (NTD) reporting
• Cash flow and treasury management
• Capital asset accounting and management
• Debt service and lease accounting
• Inventory and materials accounting
• Cost allocation and indirect cost rates
• Fare revenue reconciliation.