The audit period shall cover the period commencing with the fiscal year ending December 31, 2025 and conclude with the fiscal year ending December 31, 2028. The accounting firm services shall include: An audit conducted in accordance with Generally Accepted Auditing Standards, Government Auditing Standards, the Single Audit Act, and U. S. Office of Management and Budget Circular A-133. Expression of an opinion and audit report of the Financial Statements. Single Audit report, if required. New York State Department of Transportation Single Audit Report, if required. Management letter. Reports on compliance with laws, regulations, and provision of contracts or grant agreements. Reports on any non-compliance, which could have a material effect on the financial statements, and any non-compliance, which could have a direct and material effect on each major program.
