The government authority in Martinsville, Virginia seeks a vendor to review its financial policies, practices, and procurement procedures. The scope of work includes an assessment of current financial policies such as budget development and monitoring, fund balance and reserve policies, as well as cash management and investments. These policies will be evaluated for alignment with Government Finance Officers Association (GFOA) best practices and applicable state and federal guidelines.

The project also includes an evaluation of purchasing practices, competitive procurement methods, contract management, vendor selection and oversight, and compliance with the Virginia Public Procurement Act (VPPA). The selected vendor will recommend enhancements to policies, procedures, and documentation to improve efficiency, fairness, and regulatory compliance. A written report summarizing findings, risks, and prioritized recommendations—including draft or model policy language where appropriate—must be prepared as the project deliverable.