RES 181 Draft 02 1996-1998 - Laserfiche WebLink

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. . . . HAWAII COUNTY COUNCIL REQUEST FOR INDEPENDENT FINANCIAL AUDIT PROPOSALS I. INTRODUCTION A. General Information The Hawaii County Council, pursuant to Section 10-13 of the Hawaii County Charter, is requesting proposals from qualified certified public accountants or firms of certified public accountants (hereinafter referred to as "Contract Auditor") to audit the County of Hawaii's financial statements for each of the four fiscal years commencing with the fiscal year ending June 30, 1998 through June 30, 2001. The Contract Auditor shall also conduct a Single Audit of all County programs in receipt of federal financial assistance. These audits are to be performed in accordance with generally accepted auditing standards of the American Institute of Certified Public Accountants (AICPA); the standards set forth for financial audits in the U.S. General Accounting Office's (GAO) Government Auditing Standards (1994); the provisions of the federal Single Audit Act of 1984, Public Law 98-502; the Single Audit Act Amendments of 1996, Public Law 104-156; and U.S. Office of Management and Budget (OMB) Circular A-133, Audits of States. Local Governments and Non-Profit Organizations. . B. Contract Engagement: Term, Execution A four-year contract will be entered into, as authorized by Council resolution. The Contract shall not be binding or of any force until said contract has been fully and properly signed by all of the parties thereto and approved by the Director of Finance as to availability of funds and the Corporation Counsel as to form and legality. C. Rights, Reservations and Considerations The County Council reserves the right to investigate the financial status, experience, and records of each proposer, and to require further information from any proposer. The County Council shall be the sole judge of the facts as to the reliability of the proposer. Should a proposer fail to meet the qualifications stated herein or fail to submit additional information requested by the Council, the Council may refuse to receive or consider any proposal submitted by such proposer. There is no expressed or implied obligation for the County of Hawaii to reimburse responding firms for any expenses incurred in preparing proposals in response to this request. Such costs should not be included in the proposal. -1-