Specifications include, but are not limited to: The Audit Services to be performed shall cover the entire operations of the CHESS, and shall comprise a financial and compliance audit of the appropriate and relevant statements and schedules referenced with 2.2.2 NMAC Section 2.2.2.10.A(2). The audits shall be conducted in accordance with the generally accepted auditing standards, the Federal Single Audit Act, OMB Circular A133 and in accordance with other relevant and applicable pronouncements as listed in 2.2.2 NMAC, Section 2.2.2.10.D. Mandatory Requirements. 1.1.1.3. Offeror must be included in the List of Approved Firms maintained by the NM State Auditor’s office to be eligible to compete for this audit contract. 1.1.1.4. Offeror must have submitted a complete firm profile to the Office of the State Auditor in compliance with 2.2.2 NMAC prior to proposing and it is the offerors responsibility to provide proof of compliance to CHESS. 1.1.1.5. Offerors are required to provide a copy of firm’s most recent external quality control report in compliance with 2.2.2 NMAC. The peer review should meet the current GAGAS requirements