Government Contract | Washington
Financial Audit Services

Bid Information

Bid Alert No: 00000564535

Bid Title: Financial Audit Services

Agency Bid No. Title: UW16-0501JG

Received Date: 05/09/2016

Close Date: 07/01/2016

Purchase Type: ending June 30, 2020

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By 05/27/2016 01:00 PM


Specifications include, but are not limited to:Scope of the Proposed EngagementUniversity Financial Report(s)The financial statement audits are to be performed in accordance with auditing standards generally accepted in the United States of America and will express an audit opinion on presentation of the Universitys overall financial statements. The University presents its financial statements in accordance with GASB statements 34 & 35 and reports as a special purpose government engaged in business-type activities.In addition, separate opinions on the following financial statements are necessary to comply with various requirements:Intercollegiate Athletics (ICA). To meet the National Collegiate Athletic Association (NCAA) guidelines, the work must include audit opinion on the (a) financial statements and schedules of required supplemental information, and a report on the (b) agreed-upon procedures related to ICA revenues and expenses.Commuter Services. To meet UW Internal Lending Program audit requirements.Internal Lending Program. To meet UW Board of Regents Finance and Asset Management Committee requirements (FAM).Housing and Food Services. To meet UW Internal Lending Program audit requirements.The University has a June 30 fiscal year end. Final audit reports must be delivered no later than October 15 of each year to management.The audit firm selected will be expected to make at least annual presentations of its audit plans and audit results to the Board of Regents Finance and Asset Management Committee (FAM) and the UW Audit Advisory Committee (AAC). The audit team is also expected to meet regularly throughout the audit with staff from the Controllers Office, Intercollegiate Athletics, Commuter Services, Treasury Department and Housing and Food Services to discuss the status of the audits.In addition, the University reserves the right to request limited financial review services at hourly rates as needed.Medical Centers UWMC and HMC

Bid Related Documents

Download Solicitation Notice

Product Code: 94620

Agency Information

Issuing Agency: University of Washington

State: Washington

Agency Type: State and Local

Contact: Jarrett Gordon




FREE Market Analysis

Get a FREE 90-Day Market Analysis and see the bids you’ve been missing