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REQUEST FOR PROPOSAL (RFP)
Annual Audits of the Federated States of Micronesia (5 Governments)
Fiscal Years 2006, 2007, & 2008

The Office of the National Public Auditor for the Federated States of Micronesia invites interested professional accounting firms to submit written proposals to conduct the annual audits of the National and four State Governments of the Federated States of Micronesia for the fiscal years ending September 30, 2006, 2007, & 2008.

The audits will include financial and compliance audits of the Federated States of Micronesia pursuant to the Single Audit Act of 1984, as amended, OMB Circular A-133, and the Compact of Free Association between the Federated States of Micronesia and the United States of America , for the years ending September 30, 2006 , 2007, & 2008.

The audits will cover each of the reporting entity of the Government of the Federated States of Micronesia as defined by U.S. Public Law 99-239 TITLE FOUR, Article VI, Section 461 (d). The audits will be performed in accordance with auditing standards generally accepted in the United States of America, provisions of the Compact of Free Association between the Federated States of Micronesia and the United States of America and its related agreement for Implementation of Economic Assistance Programs and Services, and Federal auditing standards in the United States; including the Government Auditing Standards , issued by the U.S. Government Accountability Office (GAO); the Single Audit Act of 1984 (P.L. 98-502), as amended; and Circular A-133, Audits of States, Local Governments and Non-Profit Organizations , issued by the U.S. Office of Management and Budget (OMB), as amended. In addition, the auditor will be expected to follow the recommendations of the AICPA State and Local Government Committee as set forth in the accounting guide, Audits of State and Local Governmental Units , Revised Edition.

Audit contract(s) will be awarded to the winning bidder(s) to cover the three fiscal years 2006-2008. The winning bidder(s) will be contracted to perform the audit of one or more entities, or all of the FSM entities depending on the selection decision of the Audit Committee.

The deadline to submit audit proposal by hand-delivery, e-mail or fax is April 28, 2006 . If by postal delivery, proposals must be post-marked no later than April 28, 2006, and received in the FSM Office of the National Public Auditor at the address below no later than 4:30 p.m. , May 8, 2006, Pohnpei local time.

A full version of the RFP document can be found by clicking here , or by contacting:

National Public Auditor
Office of the National Public Auditor
Federated States of Micronesia
P.O. Box PS-05
Palikir, Pohnpei 96941
Phone: (691) 320-2862/2863
Fax: (691) 320-5482
E-mail: hhainrick@fsmopa.fm



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