Fiscal Agent Services

The Vendor is required to provide the selected fiscal agent will carry out the fiscal, reporting, compliance, and audit-related functions required for the operation of workforce programs and services funded by act.
- Financial Reporting and Monitoring
•    Prepare monthly financial reports for agency review.
•    Provide monthly line-item reports detailing all costs and expenses, including:
•    Individual Training Accounts (ITAs)
•    Internships
•    Employee incentives
•    Provide budget-to-actual reporting
•    Audit readiness documentation
•    Provide prompt written notices regarding:
•    Any budget variance greater than ±10%
•    Accruing financial losses
•    Overdue revenue or vendor payments
•    Prepare year-end financial statements
- Fiscal Processing
•    Process cash requests and payments.
•    Process expense and cash approvals.
•    Prepare closeout reports and desk reviews.
•    Generate Trade Act PeopleSoft reports.
•    Provide monthly statements and reconciliations of the Fiscal Agent’s internal operating account for county Works.
- Established internal control structure, including segregation of duties, fraud prevention, and documented financial policies and procedures.

- Contract Period/Term: 1 year
- A Virtual Pre-Proposal Meeting Date: December 22, 2025
- Questions/Inquires Deadline: January 6, 2026