USCA20R0002_Questions_and_Answers.pdf

USCA20R0002 - Chapter 13 Standing Trustee Audits Questions and Answers

1. Please confirm that the fiscal year-end for all financial statement audits is September 30.

Response: The fiscal year end for all financial statement audits is September 30.

2. Please confirm the Contractor will be required to issue one financial statement audit report and one agreed-upon procedures report for each Chapter 13 Standing Trustee annually (14 total audit reports and 14 total agreed upon procedures reports).

Response: Correct

3. Section 1.4 of the Statement of Work states that draft reports are due no later than January 15; however, Section 3.5.4 states that draft reports are due no later than February 1. Please confirm the due date for draft audit reports.

Response: See Amendment 0001.

4. Can you provide further detail of the $800,000 of audit services purchased by the Chapter 13 Standing Trustees, such as by year and entity?

Response: Each trustee is required to have an audit. It is anticipated that this contract will be the vehicle by which they will purchase their audits.

5. Have each of the Chapter 13 Standing Trustees had financial statement audits performed the past 5 years?

Response: Yes

6. Have each of the Chapter 13 Standing Trustees had similar agreed upon procedures performed the past 5 years?

Response: Yes,

7. If so, which firm or entity provided these services, and why are you seeking to change auditors at this time?

Tronconi Segerra and Associates. The agreement has expired and therefore must be recompeted.

8. Can you provide a copy of the most recent financial statement audit report, management letter and agreed upon procedures report for each of the Chapter 13 Standing Trustees?

Response: No

9. Section 7, Volume II of the RFP states, “Past Performance must reflect trustee audit experience.” If the Contractor does not have specific experience auditing trustees, but has experience auditing government agencies and performing accounting and financial consulting work for trustees, will this be acceptable?

Response: See Amendment 0001.

10. Should the price proposal on Attachment 3 – Pricing Schedule include all reimbursable expenses including travel?

Response: The pricing schedule shall include a total firm fixed price that is inclusive of all costs/pricing.

11. Section 1.4 states that the fieldwork shall be completed by such date that allows submission of a draft report no later than January 15. (Section 3.5.4 states that the drafts are to be submitted no later than February 1) Given the timeframes of this procurement, would the AOUSC consider an extension of this date to allow for proper planning and fieldwork efforts of the 14 audits in the initial period of performance?

Response: No.

12. Section 15 discusses travel. Will travel costs be reimbursed to the trustee locations in North Carolina and Alabama?

Response: The pricing schedule shall include a total firm fixed price that is inclusive of all costs/pricing.

13. Section 17 includes the term ARO. What does that acronym stand for?

Response: ARO = After Receipt of Order