Summary
Contractor shall audit the accounts and records of the Authority for the twelve month periods ending 03-31-26, in accordance with generally accepted auditing standards and the auditing and reporting provisions of the applicable HUD Audit guide for the Low Income Housing Program for use by Independent Public Accountants, herein referred to as Audit Guide and OMB Circular A-128. Also, the Auditor must use the new compliance requirements outlined in HUD Notice PIH 95-31 (HA) dated May 25, 1995. The audit performed shall be sufficient in scope to enable the Contractor to express an opinion in the audit report on the
financial statements of the Authority.