New York State Contract Reporter #2137519

Three-Year Independent Financial Audit Services for Washington County Land Holding Corporation

This opportunity is for independent financial auditing services for the Washington County Land Holding Corporation (Land Bank), administered by PRIDE of Ticonderoga. - Government Buyer: - Washington County Land Holding Corporation (Land Bank), administered by PRIDE of Ticonderoga - Program Administrator: Jadyn Defayette - Scope of Services: - Annual independent financial audits for three consecutive fiscal years (first-ever audits for the Land Bank) - Review and evaluation of internal controls, identification of material weaknesses or significant deficiencies - Preparation of audit reports, management communications, and presentation of final audit to the Board of Directors or Audit Committee - Coordination and compliance with New York State Public Authorities Reporting Information System (PARIS) requirements - Evaluation of start-up transactions, opening balances, property transfers, grants, and accounting system establishment for the first-year audit - Annual review or audit of investment practices as required by law - Advisory and supplemental services for federal, state, or grant audit requirements (including Single Audits and program-specific audits) - All deliverables must be provided in electronic format suitable for state reporting and PARIS upload - Notable Requirements: - Auditing firm must be independent from the Land Bank’s bookkeeping, accounting, and controller service providers - Experience with public authorities, land banks, or nonprofits, and first-year audits is required - MWBE goals: 20% for both MBE and WBE participation - Encouragement for minority-owned, women-owned, service-disabled veteran-owned, and local CPA firms to apply - No specific OEMs or product vendors are named, as this is a professional services solicitation

Description

The Washington County Land Holding Corporation, operating as the Washington County Land Bank, is seeking proposals from qualified independent certified public accounting firms to perform annual financial audits for three consecutive fiscal years. The first audit will be the Land Bank's first annual independent audit. The selected firm will audit the Land Bank's annual financial statements, review internal financial controls, identify material weaknesses or significant deficiencies, prepare required audit reports and management communications, and present the final audit to the Board of Directors or Audit Committee. The firm must provide final audit documents suitable for submission through the New York State Public Authorities Reporting Information System. The contract term is three years, subject to annual Board approval, satisfactory performance, and continued funding.

View original listing