About this opportunity
AI summaryThe government authority located in Newton, NJ requires a vendor to provide financial auditing services for the fiscal year ending December 31, 2026. The selected auditor must utilize the state-prescribed audit questionnaire as part of their working papers and deliver an audit report in an approvable format. Work may be performed onsite or offsite. Only onshore USA organizations are eligible to bid. The buyer is seeking proposals for the contract budget, and the resulting contract period will last for one year.
Buyer and opportunity details
- Client
- Housing Authority of the Town of Newton, New Jersey
Scope of work
- Audit accounts and records for the 12-month period from 1/1/2026 to 12/31/2026
- Express an opinion on financial statements in conformity with GAAP and GAAS
- Utilize state prescribed Audit Questionnaire in auditor working papers
- Provide sufficient certified copies of audit report to PHA Commissioners, staff, HUD, and State of New Jersey
- Attend requested meetings with Housing Authority Commissioners/staff and HUD auditors
- Make work papers available for required time period
- Prepare and submit state-required Synopsis of Audit for publication
- Work with fee accountant to prepare necessary schedules and forms
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Demonstrated experience and competence in this type of work | 20 Points |
| Familiarity with the Housing Authority's Programs in specific and HUD rules and regulations in general | 25 Points |
| Capability and capacity to accomplish work within the required time | 15 Points |
| Geographic location of the firm relative to the proximity to the Housing Authority | 5 Points |
| Specialized experience of key personnel in Housing Authority Programs | 20 Points |
| Firm's Equal Opportunity Policy | 5 Points |
| Price | 10 Points |
Minimum qualifications
- Registered Municipal Accountant of New Jersey (RMA) or Certified Public Accountant of New Jersey (CPA)
- Meet standards in Standards for Audit of Government Organizations, Programs, Activities and Functions
- Previous experience auditing Public Housing Authorities
- Approvable by the U.S. Department of Housing & Urban Development
Documents to include with your response
- Listing of similar work previously completed
- Listing of references
- New Jersey Business Registration Form
- Affirmative Action Compliance Notice
- Stockholder Disclosure Certification
- Non-Collusive Affidavit
- Proposal for Auditing Services form including lump-sum fee and hourly rate for additional services
Key dates
- Proposals due
- Wednesday, December 2nd, 2026, by 10:00 AM
How to submit
- Method
- Sealed delivery to the Housing Authority office
- Instructions
- Deliver proposals based upon a lump-sum fee to the Housing Authority of the Town of Newton, 32 Liberty Street, Newton, New Jersey 07860.
Contract details
- Term
- 12-month period covering fiscal year 1/1/2026 to 12/31/2026
- Place of performance
- Housing Authority of the Town of Newton, 32 Liberty Street, Newton, New Jersey 07860
- Funding
- HUD, Public Housing Program, Capital Fund Program