The Executive Office of Housing and Livable Communities (EOHLC) is seeking to pre-qualify entities to serve as Chief Financial and Administrative Officers (CAFOs) for Local Housing Authorities (LHAs) in Massachusetts. The selected entities will provide financial and administrative services to LHAs designated as "chronically poor performing" by EOHLC. The scope of work includes assessing the operational and financial conditions of the LHA, developing a 4-year financial plan and a 5-year capital plan, and providing overall administrative responsibility for the LHA. The contract duration is expected to be 5 years, with the option for renewal.
Key responsibilities of the CAFO include:
• Coordinating and administering financial services and activities
• Implementing and maintaining uniform systems, controls, and procedures for financial activities
• Reviewing proposed contracts and obligations
• Evaluating the LHA's current Annual Plan and implementing a written plan to meet EOHLC's assessment standards
• Providing overall administrative responsibility for the LHA
• Maintaining consistent, effective communication with EOHLC about conditions at the LHA
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