Request for Proposal (RFP) for Single Audit Services

1. Introduction
Meeting The Needs of Our Community, Inc., is requesting proposals from qualified independent
certified public accounting firms to perform a Single Audit in accordance with the Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance), as well as other applicable auditing standards and regulations.

2. Background
Meeting The Needs of Our Community, Inc., is a nonprofit 501(c)(3) organization that aims to create
a wholesome community by providing support services to the homeless population, Homeless US
Veterans and their families, and persons living with HIV/AIDS, by mending gaps and creating
attainable goals through community partnerships in the US Virgin Islands Example:
Meeting The Needs of Our Community, Inc., is a nonprofit organization that provides community-based
services. In the fiscal year ending December 31, 2023, we expended approximately $1,082,123.00 in
federal funds from multiple grant sources, thereby requiring a Single Audit.

3. Scope of Services
The selected auditor will be required to:
• Conduct the audit in accordance with:
o Generally Accepted Government Auditing Standards (GAGAS)
o Uniform Guidance (2 CFR Part 200, Subpart F)
• Prepare financial statements in accordance with GAAP
• Issue an audit report, including:
o Report on the financial statements
o Report on internal controls over financial reporting
o Report on compliance for each major program
o Schedule of findings and questioned costs
• Submit the final audit to the Federal Audit Clearinghouse (FAC)
• Present the audit to the Board or Audit Committee, if requested

4. Proposal Requirements
Interested firms should submit a proposal including:
• Firm profile and qualifications
• Experience with nonprofit and Single Audits
• Identification of the audit team and resumes of key personnel
• Proposed audit timeline
• Estimated total cost, including fees for additional services
• References from similar engagements
• Evidence of current CPA licensure and peer review

5. Timeline
Milestone Date
RFP Issued April 14, 2025
Questions Due April 30, 2025
Proposals Due May 15, 2025
Selection Notification June 2, 2025
Audit Begins June 16, 2025
Draft Report Due August 18, 2025
Final Report Due September 12, 2025

6. Evaluation Criteria
Proposals will be evaluated based on:
• Experience and qualifications
• Understanding of the scope of work
• Cost
• Responsiveness and completeness
• References

7. Submission Instructions
Please submit your proposal electronically in PDF format to:
Dan A. Derima, Executive Director

dderima@mtocvi.org (340)714-7782
Proposals must be received by May 15, 2025, at 5pm.

8. Questions
Questions about this RFP may be submitted in writing to Dan Derima at dderima@mtocvi.org by
April 30, 2025. Answers will be distributed to all interested bidders.