DNREC Water Revolving Loan Funds

The State of Delaware, Office of Auditor of Accounts, is seeking professional services from qualified certified public accounting firms to perform an engagement in accordance with the services described in this Request for Proposal (RFP). The selected firm will conduct an annual financial statement audit of the Delaware Drinking Water State Revolving Loan Fund (DWSRF) and the Delaware Water Pollution Control State Revolving Loan Fund (CWSRF). The firm must be independent of the engagement entity, as defined by government auditing standards. The contract period is for three years, with the option to renew for three additional one-year terms. Key responsibilities include: conducting an annual financial statement audit, providing a written reporting package, and maintaining engagement documentation. • The firm must have a valid Delaware CPA license or a valid CPA license from a substantially equivalent jurisdiction. • The firm must have experience with government auditing standards and peer review requirements. • The firm must be able to provide a detailed cost schedule and certify that it will bill AOA only for actual work performed and out-of-pocket expenses incurred. • The firm must be able to provide a statement of independence and describe its professional relationships with the engagement entity. • The firm must be able to comply with the State of Delaware's security standards and cloud services policy.