Request for Proposal ? Auditing Services ? Due by September 3rd, 2026 @ 10am

REQUEST FOR PROPOSALS
AUDITING SERVICES
Proposals Due by: September, 3rd, 2026, at 10:00 AM

Hackensack Housing Authority
65 First Street
Hackensack, New Jersey 07601
201 342-4280
REQUEST FOR PROPOSALS
The Housing Authority of the City of Hackensack, New Jersey will accept
proposals for its Annual Financial Audit for the fiscal year ending 9/30/2025. The audit
will be for a one-year period. It is the Housing Authority's desire to retain and employ
a duly qualified Independent Public Auditor (I.P.A.) to audit the books and accounts of
the Authority. All services must be in accordance with the existing rules, orders,
directives, regulations handbooks and laws as promulgated by the United States
Department of Housing and Urban Development and the State of New Jersey under
the Local Authorities Fiscal Control Act and the Fiscal Affairs Law (including N.J.A.C.
5:31-7). The services that are requested will be as follows and will encompass all the
Housing Authority's programs (including, but not limited to-Section 8 Project Based
Assistance, Rental Assistance Demonstration Program, Community Development
Program, 1) Audit the accounts and records of the Authority for the 12-month period

10/1/2024 to 9/30/2025 in accordance with generally accepted government auditing
standards (GAAS), Government Auditing Standards, the auditing and reporting
provisions in OMB audit circular, and those auditing standards having been adopted
by the Local Finance Board and the Division of Local Government Services,
Pg. 2
Dept. of Community Affairs, State of New Jersey. The audit performed should be
sufficient in scope to enable the auditor to express an opinion on whether the
financial statements fairly present the financial position of the Authority and are free
of material misstatements. It must be acceptable by the U.S. Department of Housing &
Urban Development and the State of New Jersey. The report must include all
statements necessary to present the audit in conformity with Generally Accepted
Accounting Principles (GAAP).
2) The audit report must be in a format which is approvable by the United
States Department of Housing and Urban Development as detailed in the HUD Audit
Guide (7476.1 REV-1), the Single Audit Act of 1984 and the State of New Jersey under
the Local Authorities Fiscal Control Act, N.J.A.C. 5:31-7 and GASBY.
3) The report must be completed and submitted to the Housing Authority and
the State of New Jersey (Division of Local Government Services) within four (4) months

of the end of the Authority's fiscal year.
4) The auditor will be required to utilize the state prescribed "Audit
Questionnaire" as part of the auditor's working papers.
5) Upon completion of the report, sufficient certified copies should be made to
provide each PHA Commissioner and Staff with a copy and other copies for the HUD
office, State of New Jersey, Local Governing Body and other applicable agencies as
required by all applicable rules and regulations.
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6) Review OCAF Adjustment.
7) Must attend meetings, as requested, with Housing Authority
Commissioners/staff, HUD Auditors/staff and must make work papers available for a
period of time dictated by the government.
8) The auditor will be required to prepare and submit the state required
"Synopsis of Audit" in a format that is acceptable for publication in a newspaper of
general circulation.
9) The auditor must work with the fee accountant to prepare the necessary
schedules and forms to ensure compliance with GAAP, per instructions of the U.S.
Dept. of HUD.
Qualifications:

1) Must be a Registered Municipal Accountant of New Jersey (RMA) or a Certified
Public Accountant of New Jersey (CPA) as required by Title 40A:5A-15 of the Fiscal
Control Law.
2) The selected Auditor must meet the standards specified in the Standards for Audit
of Government Organizations, Programs, Activities and Functions.
3) Must have previous experience auditing Public Housing Authorities.
4) Must be approvable by the U.S. Department of Housing & Urban Development
Proposal Submission:
All persons interested in submitting a proposal for the Annual Audit should
submit a proposal based upon a lump-sum fee.
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Proposals should be delivered to the Housing Authority of the City
of Hackensack, New Jersey on or before September, 3rd, 2026, by 10:00 AM. All
proposals will be reviewed in accordance with the Housing Authority's rating system.
The proposal rating system and the standard form of contract are attached to this
Request for Proposals. The following items must be submitted with the proposal:
1) Proposal Submission Sheet.
2) Listing of similar projects that the firm has previously completed.
3) Listing of references.
4) Evidence that the firm is licensed in the State of New Jersey.
5) An insurance certificate indicating that the firm has professional liability

insurance.
6) Valid New Jersey Business Registration Form
7) Non-Collusive Affidavit
6) Certification that neither the firm nor any of the principals have been
suspended or debarred from participation in HUD Programs.
This Request for Bids is being made as a "fair and open" solicitation in
accordance with the New Jersey "Pay to Play" requirements.
ANTHONY FEORENZO
Executive Director
Hackensack Housing Authority
65 First Street
Hackensack, New Jersey 07601
Auditing Services
PROPOSAL SUBMISSION SHEET
1) Name/Address of Firm:
2) Telephone Number:
3) Contact Person:
4) Amount of Fee:

5) Amount of any expected reimbursables:
6) Other:

COMPETITIVE PROPOSAL EVALUATION SYSTEM
Prepared by: William F. Snyder
Type of Service: Auditing
Name/Address of Respondent:
1) Demonstrated experience and competence in this
type of work (20 Points).
2) Familiarity with the Housing Authority's
Programs in specific and HUD rules and regulations
in general (30 Points).
3) Capability and capacity to accomplish work within
the required time period (30 Points).
4) Geographic location of the firm relative to the
proximity to the Housing Authority (5 Points).
5) Specialized experience of key personnel in Housing
Authority Programs (25 Points).
6) Firm's Equal Opportunity Policy. Each bidder must
ensure that all employees and applicants for
employment are not discriminated against because
of race, color, religion, sex or national
original (10 Points).
7) Price (10 Points)
Total Point Score:
Narrative Review of Proposal :

Legal Advertisement
Request for Proposals
The Housing Authority of the City of Hackensack will receive Proposals for
Audit Services of an Independent Public
Accountant to audit the financial records of the Authority
for the twelve (12) month period ending September 30, 2025, in
accordance with general accepted and government auditing
standards, the auditing and reporting provisions of OMB
Circular A-133 and HUD notice PIH 97-30 and in conformance
with the State of New Jersey Statutes and Regulations,
New Jersey Administrative Code 5:31.7. The authority reserves the right to reject any
and all proposals submitted and to waive any information thereto, and to request
additional information from all auditors. The proposal package can be obtained at
the Housing Authority office, 65 First St., Hackensack, NJ and returned there on or
before September 9th, 2024, by 10:00 AM.
This solicitation is being undertaken in accordance with NJSA 19:44A-29.4 et seq. as

a "fair and open" competitive process and in compliance with the rules &
restrictions set forth by the State's Local Unit Pay-to-Play law.
ANTHONY FEORENZO
Executive Director
NON-COLLUSION AFFIDAVIT
State of New Jersey
County of _________________ ss:
I, ________________________________ residing in ___________________________________
(name of affiant) (name of municipality)
in the County of _______________________________ and State of _____________________of full age, being
duly sworn according to law on my oath depose and say that:
I am _____________________________________ of the firm of _________________________
(title or position) (name of
firm)
_____________________________________ the bidder making this Proposal for the bid
entitled ______________________________, and that I executed the said proposal with
(title of bid proposal)
full authority to do so that said bidder has not, directly or indirectly entered into any agreement,
participated in any collusion, or otherwise taken any action in restraint of free, competitive bidding
in connection with the above named project; and that all statements contained in said proposal
and in this affidavit are true and correct, and made with full knowledge that the ______________
_________________________relies upon the truth of the statements contained in said Proposal
(name of contracting unit)