Specifications include, but are not limited to: Audit Verification: MEC audits follow the standards outlined in the Generally Accepted Government Auditing Standards (Yellow Book) of the U.S. Government Accountability Office.; In general, the Auditor is expected to verify that campaign expenditures are supported by: Vendor invoices, consultant agreements, and related documents that substantiate the cost and allowability of goods and services purchased by the candidate during the election campaign.; Third party payment documentation.; Simultaneously developed mileage logs for travel by personal vehicles (if the candidates have elected to reimburse themselves or volunteers for travel).; Documentation of the acquisition and disposition of equipment purchased by the campaign.; The Auditor will examine the bank statements to verify that seed money contributions were accurately reported to MEC and complied with amount and source restrictions.; Audit Reporting: At the completion of the review of each candidate’s financial activities, the Auditor shall prepare a draft version of an audit report pertaining to the candidate, in a format agreed upon between the Auditor and MEC’s Executive Director.; The draft audit report shall be forwarded to the candidate for comment.; The comment period is usually two weeks.; After the Auditor receives the candidate’s comments, they shall attach the comments to the audit report, prepare the report in final form and submit it to the candidate and to the Commissioners.; The Auditor typically presents the report at the next public meeting of MEC after formal submittal.; Audits for 2014-2020 legislative candidates found no findings or exceptions, which is noted in the reports for those candidates. Samples of 2020 audit reports are attached to this RFP (Appendix E).; Communication of Progress of Audits: The auditor will provide periodic updates to MEC’s Executive Director concerning the progress of the audits in the form of spreadsheet of candidates to be audited.; The exact content will be negotiated between the Auditor and MEC’s Executive Director, but MEC requires, at a minimum, columns recording dates/progress of: The receipt of audit documentation from the candidate, Creation of draft audit report for approval by Auditor’s manager, and; Issuance of the draft audit report to the candidate.; Relationship of Audit to MEC’s Enforcement Proceedings