Audit and Agreed-Upon Procedures Services

Background

The Town Council of the Town of Foster is seeking proposals for an independent audit covering five fiscal years ending June 30, 2026, through June 30, 2030. The goal is to ensure compliance with financial reporting standards and to assist the Foster School Department in adhering to the Uniform Chart of Accounts (UCOA) requirements.

Work Details

The selected auditors will conduct an annual audit of the Town's comprehensive financial statements for the specified fiscal years. This includes auditing the Foster School Department and providing a compliance attestation regarding adherence to UCOA requirements. The audit must comply with generally accepted accounting standards, Government Auditing Standards (Yellow Book), and OMB Guidance 2 CFR part 200.

Period of Performance

The contract will cover audits for five fiscal years from June 30, 2026, to June 30, 2030.

Place of Performance

The audits will be performed at the Town of Foster, Rhode Island.

Bidder Requirements

Bidders must submit sealed proposals including three copies of their bids addressed to the Town Clerk’s Department. Bids must include total fees and expenses for each year. Bidders should have the necessary personnel and experience to complete the audits as specified.