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The government authority in Washington, DC is seeking a contractor to provide audit services on an as needed basis for hardship petitions filed with the Rental Accommodations Division by housing providers. The contractor is required to perform audits in accordance with Generally Accepted Government Accounting Principles.
Auditors will prepare comprehensive reports based on findings from petitioner files, utilizing the accounting method submitted, whether accrual or cash. They must advise the Rent Administrator on whether to grant or deny requests for rent increases due to alleged hardship. The scope includes producing complex audit reports involving multiple locations, multiple owners, significant management fees, and substantial interest deductions. Contractors are expected to deliver findings within fifteen business days.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.