Annual Financial Audit for the fiscal year ending 12/31/2026. The audit will be for a one-year period. It is the Housing Authority's intent to retain and employ a duly qualified Independent Public Auditor (I.P.A.) to audit the books, records, and accounts of the Authority. All services must be in accordance with the existing rules, orders, directives, regulation handbooks and laws as promulgated by the United States Department of Housing and Urban Development ("HUD") and the State of New Jersey (the" State") under the Local Authorities Fiscal Control Act and the Fiscal Affairs Law (including N.J.A.C. 5:31-7). The services that are requested will be as follows and will encompass all the Housing Authority's programs (including but not limited to, Public Housing, Section 8 Housing Choice Vouchers, USDA Rural Development 515/Section 8, USDA Rural Development Congregate Housing, Community Development, Capital Fund, PHA Leveraging, State of New Jersey Service Coordinator Program, etc.): 1. Audit the accounts and records of the Authority for the 12 month period 01/01/2026 to 12/31/2026 in accordance with generally accepted auditing standards (GAAS), Government Auditing Standards, the auditing and reporting provision in OMB audit circular A-133, and those auditing standards having been adopted by the Local Finance Board and the Division of Local Government Services, Dept of Community Affairs, State of New Jersey and the requirements of the PHA Leveraging Program Agreement.
