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Awarded contract·Barnegat Township·New Jersey

Auditor 2026

Won by Holman Frenia Allison, P.C.$80kAwarded 1/1/2026Single Award
Contract source

Awarded vendors

  • Holman Frenia Allison, P.C.

Description

This contract appoints Holman Frenia Allison, P.C. to perform the 2026 municipal financial‑statement audit for the Township of Barnegat. The agreement runs from 1 Jan 2026 through 31 Dec 2026, with a fixed audit fee of $66,750 and a schedule of hourly rates for any supplemental non‑audit services. The scope includes a GAAS‑compliant audit of the municipality’s financial statements, testing of internal controls, compliance reviews, and issuance of audit reports to the governing body. The vendor must also complete a Data Collection Form and submit the final reporting package no later than 30 Sep 2027 (or 30 days after receipt of the auditor’s reports, whichever is earlier). The municipality is required to provide records access and to pay monthly invoices as work progresses. Key points: • Fixed audit fee $66,750 plus optional hourly‑rate services (partner $220/hr, staff $100‑$135/hr, etc.). • Contract term 1 year, with reporting obligations extending into 2027. • No renewal clause; contract terminates 31 Dec 2026 unless a new resolution is passed. • Vendor must maintain liability insurance, EIR certification, and state licensing throughout the term.

Attached files

Key dates

Intent to award
1/1/2026
Awarded
1/1/2026
Starts
1/1/2026
Ends
12/31/2026
Duration
1 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Consulting Services
NAICS
541211

Contract value

$80,000

The contract explicitly states a base audit fee of $66,750. Because the agreement also permits optional non‑audit services billed at hourly rates (partner $220/hr, staff $100‑$135/hr, etc.), the total spend could increase if the municipality requests those services. Assuming a modest amount of supplemental work (e.g., 100 hours at an average $150/hr ≈ $15,000), the overall value would be roughly $80,000. This estimate reflects the fixed fee plus a reasonable allowance for additional services, while remaining below $100k, consistent with typical municipal audit budgets.

AI estimate from the award documents

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