3. SCOPE OF SERVICES Proposers are requested to explain concisely yet thoroughly how their approach to this project demonstrates an understanding of the scope of services requested. We expect that Proposers will provide, at minimum, the following services: a. Transition Period Services • Set up financial and accounting systems and procedures (e.g., new general ledger, financial reporting systems, etc.). • Obtain computer hardware, software, and licenses as needed. • Work with the current service provider to obtain all information needed for the transition (e.g., account balances, account reconciliations, resolve how “in-transit” items will be handled such as AP invoices entered but unpaid, historical files of paid invoices and other documents, etc.). • Access to bank and investment accounts. • Completion of financial statements and audit management for the final period of the service agreement, if necessary. • Work with the future service provider to provide all information needed for the transition (e.g., account balances, account reconciliations, “in-transit” items, historical files of paid invoices and other documents, etc.).
