RFP #2468 - AUDIT AND/OR TAX SERVICES FOR VARIOUS HOUSING OPPORTUNITIES COMMISSION ENTITIES

This contract awards audit and tax‑service engagements to two professional firms for a portfolio of twelve low‑income housing entities owned or managed by the Housing Opportunities Commission. The work requires each vendor to supply the most recent audited financial statements, tax returns, final audited trial balances, and journal‑entry reports for each entity, determine GAGAS applicability, identify HUD compliance issues, and disclose any material weaknesses noted in FY 2023 audits. The contracts are separate (Novogradac & Co. – contract 25‑2468A; CohnRenznick LLP – contract 25‑2468B) and each follows a fixed‑fee schedule disclosed in a separate fee addendum. • Scope: Provide audit and/or tax deliverables for 12 HOC‑related housing entities. • Deliverables: Audited financial statements, tax returns, audit reports, fee disclosures, and compliance confirmations. • Timing: Proposals were due July 17 2024; audits are expected to follow the FY 2023 reporting cycle with final drafts due March 15 (Dec‑31 entities) or September 15 (Jun‑30 entities).