The vendor is required to provide audit services for include:
1. Financial statement auditing services
• Perform an audit and express an opinion on the fair presentation of county annual financial statements in conformity with generally accepted accounting principles.
• The auditor shall be responsible for performing certain limited procedures involving required supplementary information required by the governmental accounting standards board as mandated by generally accepted auditing standards.
• The auditor will review county basic requirement of internal controls for county.
• The auditor will advise county about the appropriateness of accounting policies and their application.
• The auditor will evaluate county compliance with accounting principles generally accepted in the country.
• The auditor will review the annual comprehensive financial report (ACFR) that country issues annually.
• The auditor will not be required to audit the supporting schedules contained in the ACFR.
• The auditor is to provide an “in relation-to” opinion on the supporting schedules based on the auditing procedures applied during the audit of the general-purpose financial statements.
• The auditor is not required to audit the introductory, investment, actuarial and statistical sections of the report but to review them for consistency.
• The auditor will review census data and member data when auditing samples of member records.
2. Board disclosure auditing services
• Perform an audit and express opinions in accordance with au-c 805, special considerations, audits of single financial statements and specific elements, accounts, or items of a financial statement (AICPA, professional standards) on any stand-alone schedules such as the board schedule of employer allocations, schedule of collective pension amounts or schedule of pension amounts by employer.
• The auditor shall express an opinion about whether country schedule of employer allocations, and the total for all entities of the columns entitled net pension liability, total deferred outflows of resources, total deferred inflows of resources, and total pension expense included in country schedule of pension amounts by employer are fairly presented, in all material respects, in conformity with auditing standards generally accepted in the country.
• The auditor shall also conduct any required communication with the auditors of country participating employers and perform any required testing to identify differences in the member census data provided by country participating employers.
3. Financial statement advisory services
• Review the annual comprehensive financial report against the guidelines for the certificate in excellence in financial reporting from the officers.
• Provide educational training on financial statements related topics to country audit committee and staff, as needed.
• Proactively evaluate and provide country audit committee and staff with timely information on new developments, trends, or changes in the auditing and financial accounting standards relevant to country, as needed.
4. Special ad-hoc auditing services
• Country may ask the auditor to perform other services not specifically provided for under this section.
• The auditor will submit a separate proposal for completing the engagement, along with a proposed fee schedule, as outlined in the contract or agreement country reserves the right to contract for any additional audits or reviews with whomever it chooses.
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: February 20, 2026
