North Dakota Office of the State Auditor

Buyer is seeking qualified independent CPA firms to provide annual financial audits of the Housing Finance Agency and Housing Incentive Fund for fiscal years 2025-2027. The audits must be conducted in accordance with generally accepted auditing standards and Government Auditing Standards. Buyer also requires periodic comfort letters for Housing Finance Agency bond issuances. The selected firm must test compliance with applicable state and federal laws and perform agreed-upon procedures for HUD electronic submission of financial information.

• 1/24/2025 - RFP Issued
• 1/31/2025 - Deadline for Questions
• 3/5/2025 - Proposal Due Date

• Statutory authority to conduct audits in North Dakota
• Most recent peer review received a rating of pass
• Auditors must be independent per AICPA Standards and Government Auditing Standards
• Auditors must meet continuing professional education requirements of Government Auditing Standards

• Perform annual financial audits of Housing Finance Agency for fiscal years 2025-2027
• Perform annual financial audits of Housing Incentive Fund for fiscal years 2025-2027
• Provide periodic comfort letters for Housing Finance Agency bond issuances
• Test compliance with applicable state and federal laws
• Perform agreed-upon procedures for HUD electronic submission of financial information