The County of Riverside is seeking a vendor to perform an annual financial audit of the Successor Agency's transactions. The audit must be conducted in accordance with U.S. generally accepted auditing standards and other relevant guidelines. The contract was awarded to Teaman, Ramirez & Smith, Inc. after a competitive bidding process. The scope of work includes performing an annual audit of the Successor Agency's financial statements, as well as providing other related services. Some key points to consider are:
• The audit must be conducted in accordance with U.S. generally accepted auditing standards
• The vendor must have experience in performing similar audits
• The contract is contingent upon successful contract negotiations and approval of the resulting contract by the Board of Supervisors
• The County of Riverside appreciates the interest of all bidders and will keep their company's name on the vendor's list for future bid considerations.