Description
The Shawsheen Valley Regional Vocational Technical School District is seeking proposals from qualified firms to provide independent audit services. The selected firm must demonstrate prior experience delivering audit services to public school districts. The district anticipates entering into a contract for an initial term of three years, beginning with the fiscal year ending June 30, 2027, with the option to extend for up to two additional years.
Key aspects of the job include:
• Overall audit of the district's financial activities, financial records, and financial reports
• Preparation of the official financial statements
• End of Year Pupil and Financial Report (EOYR) and Student Activity funds audit
• Compliance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) proclamations
• Focus on internal controls, management practices, and regulatory compliance
• Validation of reserve fund balance and reconciliation of funds
• Review of student activity programs for compliance with MGL Chapter 71, Section 47
The proposal should include a non-price technical proposal and a price proposal, with the non-price technical proposal including information on the firm's experience, approach, and qualifications, as well as a work plan and resumes of key personnel. The price proposal should include a cost data sheet with estimated hours and hourly rates for each staff level, as well as any additional costs associated with the engagement.