Independent Audit Services
Location:
Albany, New York, United States
Posted on:
Deadline:
Summary:
Albany, NY is requesting vendors for a five-year contract to deliver annual financial audits and actuarial reviews for a government pension system.
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A government authority in Albany, New York is seeking a vendor to provide independent audit services for its pension system. The scope includes conducting an annual audit of the System's financial statements in compliance with professional audit standards, with the initial audit covering the fiscal year ending June 30, 2027.
Additionally, the selected vendor will perform an independent actuarial review of the assumptions, methods, and procedures used by the system’s actuary, focusing on calculations for pension benefit obligations and employer contributions for the plan.
The contract will span five years, ensuring continuity in both annual financial audits and actuarial reviews.
Best-fit vendors:
• Certified public accounting firms with experience in governmental audits
• Demonstrated expertise in pension system audits and actuarial review
• Familiarity with relevant audit standards and actuarial evaluation methods
• Prior work with public sector or municipal clients
• Adequate staffing and resources for multi-year engagement
