Opportunity

Guilford County NC MUNIS #20053

Guilford County Awards External Audit Services Contract to Cherry Bekaert, LLP

Posted

February 24, 2022

Respond By

March 03, 2022

Identifier

20053

NAICS

541211

Guilford County Purchasing Department in Greensboro, NC has awarded a contract for external audit services to Cherry Bekaert, LLP. - Government Buyer: - Guilford County Purchasing Department, Greensboro, NC - Awarded Vendor: - Cherry Bekaert, LLP - Scope of Services: - Comprehensive external audit of Guilford County's Annual Comprehensive Financial Report (ACFR) - Audits must comply with U.S. generally accepted auditing standards (GAAS) and Government Auditing Standards - Includes financial and compliance examinations of federal, state, and local funding sources - Additional audit services available as needed, billed hourly - Notable Requirements: - Registration with the North Carolina State Board of CPA Examiners - Peer review documentation required - Compliance with E-Verify - Minimum 10% MWBE participation goal - Specific insurance coverage and non-collusion affidavits - Period of Performance: - Initial three-year contract, with options for two additional one-year renewals (up to five years total) - Place of Performance: - Guilford County offices in Greensboro, NC - No OEMs are involved, as this is a professional services contract.

Description

Guilford County Purchasing Department is soliciting proposals from qualified independent auditors with sufficient governmental accounting and auditing experience to perform an external audit in accordance with the specifications outlined in the Request for Proposal (RFP). The contract will be for an initial period of three years with options to renew for two additional one-year periods, totaling up to five years. The scope includes auditing all statements and disclosures required by U.S. generally accepted auditing standards (GAAS) and additional legal requirements, with the possibility of a Single Audit if federal and state financial assistance thresholds are met. The selected provider will enter into a contract with Guilford County, North Carolina.

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