What the buyer needs
AI summaryThe Housing Authority of the Borough of Carteret seeks proposals from qualified auditing firms to serve as the Authority's auditor for the year ending December 31, 2026. The selected contractor will perform offsite single audits of the Low Income Public Housing Program and Housing Choice Voucher Program in accordance with generally accepted and government auditing standards, OMB Circular A-133, and HUD Notice PIH 97-30. The scope requires expressing an opinion on the authority's financial statements prepared under GAAP and providing accounting guidance upon written approval for a one-year contract period. Eligible bidders must be USA organizations licensed in New Jersey as Certified Public Accountants and not under sanction from HUD. The Authority will rank proposals using quality and merit factors. Submissions must be delivered to Eric F. M. Chubenko, Executive Director, at 96 Roosevelt Avenue, Carteret, New Jersey 07008, prior to 12:00 PM on Wednesday, December 2, 2026.
Scope of work
- Audit accounts and records for the twelve-month period ending December 31, 2025
- Audit Low-Income Public Housing, Housing Choice Voucher, and Capital Fund Programs
- Submission of all financial data to REAC/FASS
- Issuance of the Audit Report with supplemental schedules by April 30, 2027
- Provide guidance and advice on accounting and financial matters upon written approval
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Qualifications and Experience | 50 points - max |
| Cost of Services | 10 points - max |
| Requirements | 20 points - max |
| Small Audit Firms Including Minority and Women Owned and Controlled Audit Firms | 10 points - max |
| Location of Respondents Office | 10 points - max |
Minimum qualifications
- Licensed in the State of New Jersey as a Certified Public Accountant or Public Accountant
- Must not be under sanction from HUD
- Meet standards and qualifications in 24 CFR 44 and New Jersey Administrative Code 5:31.7
Documents to include with your response
- Agreement for Audit Services duly executed
- Acknowledgment of Receipt of Addenda
- Copy of New Jersey Business Registration Certificate
- Affirmative Action Compliance Notice
- Non-Collusion Affidavit
- Statement of Ownership Disclosure
- Disclosure of Investment Activities in Iran
How to submit
- Method
- Sealed hard copy or delivery to the office
- Instructions
- Submit to Eric F. M. Chubenko, Executive Director, Housing Authority of the Borough of Carteret, 96 Roosevelt Avenue, Carteret, NJ 07008
