Township Auditor

The Township of Barnegat entered into a single‑source audit agreement with Holman Frenia Allison, P.C. for the FY 2025 financial‑statement audit and related compliance work. The contract provides a fixed fee for the core audit and hourly rates for any optional non‑audit services, with caps on each optional service. The agreement also requires the vendor to maintain specific insurance coverages and to submit data‑collection forms within a defined post‑audit window. • Base audit fee: $63,600 for a full regulatory audit of all municipal funds for calendar year 2025. • Optional non‑audit services (e.g., unaudited financial statements, debt statements, fiscal report compilation) offered at capped fixed prices, with additional work billed at stated hourly rates. • Contract term runs from 1 Jan 2025 to 31 Dec 2025, with no explicit renewal provision; the audit must be completed and reports filed by the end of 2026.