25-0078-RG_EXTERNAL_AUDIT_SERVICES_RFQ_page_7_Amendment.pdf

Request for Qualifications on External Audit Services, SDMC No. 25-0078-RG

SDMC prides itself on paying its vendors promptly and efficiently, and as such requires that vendors accept payment via wire transfer, ACH (direct deposit), PCard or an appropriate electronic payment method. The Respondent, by submitting a proposal, agrees to accept these forms of payment and may not add additional handling charges or service fees. Refusal to accept this condition may cause the proposal to be declared nonresponsive, or result in revocation of the contract, if already awarded. No third party payment, i.e. Pay pal will be considered.

All payments shall be made in accordance with the Florida Prompt Payment Act, Section 218.74, Florida Statutes, upon presentation of a proper invoice by the awarded Bidder.

SECTION 4. SCOPE OF SERVICES

4.1 Scope of Services:

The successful Respondent shall provide independent auditing services to SDMC to examine the financial statements for the School Internal Funds beginning with the fiscal year ending June 30, 2025 and SDMC’s financial statements, Single Audit and Internal Funds for the fiscal years ending June 30, 2026, June 30, 2027 and June 30, 2029; the successful Respondent will audit the School Internal Funds for fiscal year ending June 30, 2028. The Audit to examine the District’s financial statements and Single Audit for fiscal year ending June 30, 2025 and June 30, 2028 will be conducted by the Florida Auditor General.

The Respondent will perform an audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, audits of States, Local Governments, and Non-Profit Organizations. Additionally, the audit will be conducted in accordance with provisions of Chapter 10.800, Rules of the Auditor General, which governs the conduct of district school board audits performed in the State of Florida.

4.2 Reports-District:

Report on Financial Statements: The Respondent will issue an opinion as to whether, based on the Respondent’s audit and reports of other auditors, SDMC’s basic financial statements are presented fairly, in all material respects, in conformity with accounting principles generally accepted in the United States of America. The basic financial statements include not only SDMC itself, but also sixteen charter schools and the Manatee School Board Leasing Corporation. The financial statements of the sixteen charter schools will be audited by other auditors whose reports will be furnished to the Respondent. The Respondent will also report on the following information accompanying the basic financial statements and which are included in the Comprehensive Annual Financial Report:

o Introductory Section o Management’s Discussion and Analysis o Required Supplementary Information o Other Supplemental Information

AMENDMENT 1-CHANGES IN RED