Specifications include, but are not limited to: A Certified Public Accountant (CPA) to conduct contract
audits in accordance with the applicable standards established by the American Institute of
Certified Public Accountants (AICPA) and Government Auditing Standards, issued by the
Comptroller General of the United States and work in cooperation with the State of
Delaware and contract vendors to obtain refunds for overpayments, incorrect billing, and
unapplied credits due for expenditures made by the State of Delaware for a specified
contract during a negotiated period for review. It is understood that the services rendered
will be paid on a contingent fee basis. The awarded vendor(s) shall:
a. Conduct a detailed review of vendor invoices, both electronic and hard copy.
Invoices will be from a credit card database and direct billing.
b. Identify and document any refunds or credits due to the State from the awarded
c. Work in cooperation with the State to actively pursue refunds or credits from the
vendor(s), based on the audit findings for the contract.
d. Participate in discussions with awarded vendor(s) of findings, as necessary.
e. Provide the State with a narrative report of findings and offer advisory
process improvements that the State could implement.