Government Contract | Virginia
Audit and Review Services

Bid Information

Bid Alert No: 00000414231

Bid Title: Audit and Review Services

Agency Bid No. Title: 98

Received Date: 11/10/2015

Close Date: 12/09/2015

Purchase Type: Term:

Delivery Point: Not Stated, Richmond, Virginia, 23220

Delivery Date: Not Stated

Special Notices: Questions Due By 11/18/2015 02:00 PM, Bidder Preregistration


Specifications include, but are not limited to:The Contractor shall perform tasks and services of a financial, operational, or federal compliancenature and produce reports in a high- quality, efficient, and cost effective manner, and within thetimeframe agreed.A. Tasks and ServicesVHDA Internal Audit Division will determine the need for audit, reviews, or consultingservices required for the transactions related to VHDA and provide a request to theContractor describing the overall objectives of the need. The Contractor shall review theobjectives and respond within three (3) business days with an initial estimate. Theestimate must provide budgeted hours, schedule of completion, assigned staff, and thedate the Contractor plans to issue the report. Contractor shall coordinate with the VHDAInternal Audit Division contact to assure efficient, effective, and cost effective operationsand to minimize adverse impact on VHDA programs and services, partners, or the generalpublic. Weekly updates to the VHDA Internal Audit Division contact by verbal or writtenmeans shall be required. Unless agreed in advance, VHDA staff will not assist in theexecution or completion of tasks, services, or resulting report.B. Working PapersAll working papers must be in accordance with the general guidelines set forth in Instituteof Internal Auditors (IIA) Professional standards and submitted electronically in a Microsoftapplication. The contents of the working papers are confidential and must not be disclosedto any individual or organization without prior written permission from VHDA. Theretention or destruction of working papers shall only be done with the consent of the VHDAInternal Audit Division.C. Findings Involving Irregularities or Illegal ActsFindings involving irregularities, illegal acts, or fraudulent activities during an audit must bereported to the VHDA Internal Audit Division within one (1) business day from the date theirregularities, illegal acts, or fraudulent activities are discovered. VHDA will provideinstruction on how to proceed. Failure to follow the deliverable may result in termination

Product Codes: 94631, 91804, 94620

Agency Information

Issuing Agency: Virginia Housing Development Authority

State: Virginia

Agency Type: State and Local

Contact: Procurement Office, 601 South Belvidere Street, Richmond, Virginia, 23220



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