| Contract No. | Contract Name & Location | School District |
|---|---|---|
| GP-0143-R01 | Independent Auditor Services | N/A |
Pursuant to Governor James E. McGreevey’s Executive Order No. 122 (“EO 122”), effective on July 23, 2004, and Governor Jon S. Corzine’s Executive Order No. 37 (“EO 37”), effective on September 26, 2006, the Board of Directors (“Board”) of the New Jersey Schools Development Authority (“Authority” or “NJSDA”), by and through the Board’s Audit Committee (“Audit Committee”), seeks to engage a qualified Public Accounting firm (a “Consultant”), registered with the Public Company Accounting Oversight Board (“PCAOB”), to provide independent auditor services. The NJSDA was established on August 6, 2007 to replace the New Jersey Schools Construction Corporation (“SCC”) pursuant to reform legislation (P.L. 2007, c.137) enacted by Governor Jon S. Corzine. As of the date of the legislation, the SCC was dissolved and all its functions, powers, duties and employees were transferred to the NJSDA. Organizationally, the Authority is situated in, but not of, the New Jersey Department of the Treasury. The firm selected as the Consultant shall be required to perform a financial statement audit in compliance with generally accepted government auditing standards (“GAGAS”), standards promulgated PCAOB, Government Accounting Standards Board (“GASB”) and Financial Accounting Standards Board (“FASB”), and with all applicable Federal and State laws, rules, regulations and standards, as well as professional standards and requirements mandated by the American Institute of Certified Public Accountants (“AICPA”). These services shall be required with respect to the Authority’s financial statements for its (calendar) fiscal years ending December 31, 2009, 2010 and 2011, with an option, exercisable solely by the NJSDA, for two one-year renewals covering the fiscal years ending December 31, 2012 and 2013. As provided in EO 122, the Consultant shall be responsible for: publicly attesting to the fairness of the Authority’s financial statements; considering the effectiveness of internal controls as a basis for designing appropriate audit procedures and; through the issuance of management letters, making comments and recommendations which, when implemented, would improve the design or operation of internal control systems.
The contract will be as follows:
Package Number: GP-0143-R01
Package Name: Independent auditor Services
Contract Duration: Three (3) years; NJSDA option for two-one (1) extensions
NJSDA Prequalification: None Required
The RFP package is available at the link below:
Click here for electronic copies.
The NJSDA shall not hold a traditional Pre-proposal conference for this procurement. All firms wishing to submit a proposal MUST sign in electronically by sending a mandatory e-mail Notice of Intent to Participate to Megan Cox at mcox@njsda.gov no later than 5:00 pm on Monday, July 20, 2009. All firms MUST include a list of insurers they intend to use in priority order.
Firms may submit questions to the NJSDA by sending them by e-mail to Megan Cox at mcox@njsda.gov no later than 5:00 pm on Monday, July 20, 2009. The questions and answers shall be provided electronically to each firm that submitted a timely e-mail Notice of Intent to Participate.
Completed Proposals MUST be received NO LATER than 5:00 PM on Friday, August 7, 2009. and may be e-mailed or hand delivered as set forth in the RFP.
Proposing firms MUST submit a true copy of their valid business registration certificate issued by the New Jersey Division of Revenue.
Evaluation Criteria: Submissions that are not responsive will be rejected without evaluation. Responsive submissions will be ranked pursuant to the following evaluation criteria:
- The Bidder's Demonstrated Ability and Qualifications to Conduct Governmental Audits, as Evidenced in Resumes and Case Studies;
- The Bidder's Documented Experience in Successfully Completing Governmental Audits of a Similar Size and Scope to the Work Required by this RFP, as Evidenced in Case Studies;
- The bidder's Proposed Fee for the Services;
- The bidder's Detailed Approach and Plans to Perform the Services Required by the Scope of Work of this RFP;
- The Bidder's Familiarity with Federal and State Laws, Rules and Regulations Relevant to Governmental Audits; and
- Bidder's Quality of Response to RFP Package
In addition, to be selected, a firm must be approved for moral integrity as set forth in the RFP.
Bidders must comply with the requirements of P.L. 2005, c. 51, and implementing rules.
DATE ADVERTISED: July 10, 2009