This contract establishes a two‑year term agreement for comprehensive auditing and accounting services for the Alaska Industrial Development and Export Authority. AIDEA will receive annual audits of its separate financial statements, the required Federal Single Audit for federally‑funded programs, bond compliance reporting, and a suite of ad‑hoc accounting services (e.g., internal control reviews, system enhancements, GASB guidance). The core services are compensated via a firm‑fixed‑price fee, while additional services are billed on an hourly basis. The agreement includes provisions for up to three one‑year extensions, insurance requirements, and strict confidentiality and indemnification clauses.
• Audits of FY 2024‑FY 2026 financial statements and Federal Single Audits (fixed‑fee)
• Supplemental accounting support (hourly rates for partner, manager, senior, staff)
• Optional one‑year extensions (up to three) and strict compliance deadlines (e.g., audit delivery by Oct 28 each year)