RFP 27-02 Forensic Auditing Final

The Montclair Board of Education is seeking a qualified forensic‑audit firm to conduct a comprehensive forensic audit of its 2023‑24 financial activities and a separate food‑service audit for the 2024‑25 school year. The contractor must evaluate internal controls, trace transactions, investigate irregularities, and produce both draft and final reports, including presentations to the Board. The work must begin July 1 2026, with field‑work completed by September 30 2026, a draft report due October 31 2026, and a final report delivered thereafter. The contract is a professional‑services agreement, sealed‑paper submission only, and requires extensive certifications, insurance, and compliance with NJ statutes. • Perform forensic audit of 2023‑24 district finances and food‑service audit for 2024‑25. • Provide detailed internal‑control assessments, transaction tracing, and fraud investigation. • Deliver draft report by Oct 31 2026 and final report with exit conference; attend entrance and exit meetings. • Meet strict qualification criteria: CFF, CFE, CPA memberships, NJ‑based office, ≥3 CPAs with ≥5 yr experience, and a public‑school accountant. • Submit sealed paper proposal by May 19 2026, 2:00 pm; contract award expected within 60 days of receipt.