1. Perform all of the duties of Auditor for the FUND as are set forth in the FUND's Bylaws, the Risk Management Plan, any applicable Excess Fund'‘s Bylaws, applicable statutes, regulations and policies adopted by the Executive Committee. 2. Provide an annual audit of the financial statements of the FUND for the period ending December 31, 2025. The audit shall be made in accordance with generally accepted auditing standards and in compliance with the audit requirements as prescribed by the Division of Local Government Services, New Jersey Department of Community Affairs, and the Commissioner of Insurance of the State of New Jersey and, accordingly, will include such tests of accounting records and other such auditing procedures as will be considered necessary in the circumstances. a. The audit shall be reported by the service provider in a form acceptable to the Division of Local Government Services and the Commissioner of Insurance.
