Virginia Peninsulas Public Service Authority

The buyer seeks an independent certified public accounting firm to provide audit services for its annual financial statements. The audit will cover fiscal years ending June 30, 2025, and June 30, 2026, with potential for three one-year extensions. The buyer is a regional governmental organization providing solid waste management services to multiple jurisdictions. The total anticipated revenue for FY 25 will be approximately $11,500,000.

• 3/11/2025 - Proposal Due Date
• 9/20/2025 - Draft financial statements due
• 10/3/2025 - Board presentation

• Conduct audit in accordance with generally accepted auditing standards and Government Auditing Standards
• Audit balance sheet and related statements of income and retained earnings
• Prepare cash flow statement for the fiscal year
• Review annual financial assurance letter for DEQ
• Provide report on internal controls with recommendations
• Assist in preparing statements and schedules, including review of Management's Discussion and Analysis
• Prepare depreciation schedule for VPPSA
• Present financial statements to VPPSA Board of Directors
• Provide as-needed general accounting/financial consulting services
• Examine management's assertion of census data reported to Virginia Retirement System