Professional Auditing and Financial Services

The vendor is required to provide professional auditing and financial services for include:
1. Financial auditing and services
•    This category includes the analyses of an entity's financial statements and accompanying disclosures. 
•    Audits may include auditing of routine financial statements as well as auditing of bonds, tolling, cost reports, and internal controls. 
•    Services may also include financial statement preparation, auditing of receipts, any supporting documentation for expenditures, advice or assistance with compliance, technical assistance with new regulations.
2. Grant compliance auditing
•    This category ensures grantee, and all sub-grantees are complaint the requirements and stipulations of a grant and that funds are spent in accordance with the approved budget provided in a grant application. 
•    This category includes grant programmatic auditing, sub-recipient monitoring, federal circulars, single audits, knowledge of 2 cfr 200 – uniform administrative requirements, cost principles, and audit requirements for federal awards.
3. Health care compliance and auditing
•    This category involves the analysis of identifying any incorrect or missing documentation that could have negative results for the audited facility e.g., loss in accreditations, physician’s licenses or medicare status and medical payments. 
•    Healthcare auditors also educate medical staff on proper documentation procedures and provide updates regarding new coding, government and insurance guidelines.
4. Forensic auditing
•    This category is the examination and evaluation of a firm's or individual's financial records to derive evidence that can be used in a court of law or legal proceeding. 
•    A forensic audit may be conducted to prosecute a party for fraud, embezzlement, or other financial crimes.
5. Accountability and compliance auditing
•    This category is an evaluation of internal controls designed to ensure public assets are safeguarded and compliant. 
•    Areas examined are those representing the highest risk of non-compliance, misappropriation or misuse. 
•    At the purchaser’s request, additional areas of varying risk may also be examined. 
•    Agreed upon procedures could include debt covenant compliance, data completeness, or third-party vendor internal control reviews.
6. higher education auditing
•    This category is for the financial, auditing, and technical assistance of services of higher education programs and systems, including but not limited to accreditation compliance, revenue sources, grants, auxiliary operations.

- Contract Period/Term: 1 year
- Virtual Pre-Bid Conference Date: August 27, 2025
- Questions/Inquires Deadline: September 22, 2025