Financial Review Services

The Vendor is required to provide financial review services for include:
•    The consultant will provide a report on the presentation of agency financial statements for the preceding calendar year, and every third year thereafter during which the agreement remains in effect. 
•    The consultant will periodically communicate with the appropriate representatives of the agency for the purpose of discussing the financial review status and progress in relation to the financial report as well as any issues identified during the performance of the review. 
•    The frequency and form of the communications will be determined during the entrance conference. 
•    Final report: the consultant will complete the financial review and provide the agency with its completed comprehensive financial report within 120 calendar day(s) of receipt of the agency executive management committee (EMC) approved treasurer’s report. 
•    The treasurer’s report is anticipated to be approved by the third week of each April.
o    The report will include any findings, observations, or comments relating to internal control; accounting systems; data processing; compliance with laws, policies, and procedures; or any other matters that come to the attention of the consultant during the course of the financial review. 
o    This report will not be construed as special or additional studies and will be limited to those usually associated with the study of internal control systems and procedures as a part of a review of financial statements.
•    Provide technical assistance to the agency throughout the calendar year as part of the agreement
o    Includes answering accounting procedures, reporting, or internal control questions related to assisting in the preparation of the agency and the agency financial statements. 
o    It may also include how to manage new board standards. 
o    In the event the agency requires more than the 66 hours annually – the agency will use its discretion to issue a task order.
- Budget: $7.6 million

- Contract Period/Term: 7 years
- Pre-Proposal Submission Meeting Date: July 31, 2025