Internal Audit Services

Alameda Corridor Transportation Authority

Buyer seeks a certified public accounting firm to provide internal audit services for a five-year contract period. Services include annual audits of the billing processes of buyer's Maintenance Contractor and buyer's financial procedures. The scope covers fiscal years 2026 through 2030. Buyer operates a 20-mile rail system linking port facilities with transcontinental rail networks.

• 6/19/2025 - Questions Due
• 6/26/2025 - Responses to Questions Posted
• 7/10/2025 - Proposal Due Date
• 7/21/2025 - Interviews
• 8/21/2025 - Consideration by Governing Board

• Qualified certified public accountants

• Conduct risk assessment of maintenance contractor billing process
• Test 20% of direct labor costs billed by contractor
• Test 50% of Other Direct Costs for compliance
• Calculate total over/under-billing amounts by contractor
• Conduct risk assessment of ACTA's financial procedures
• Evaluate accounts payable and receivable processes
• Examine bank reconciliation and interbank transfers
• Review employee expense reimbursement protocols
• Assess procurement and investment procedures
• Provide detailed reports with recommendations for improvements