Mescalero Apache Housing Authority
101 Central Ave., P.O. Box 248
Mescalero, NM 88340
REQUEST FOR PROPOSALS
Mescalero Apache Housing Authority (MAHA) is requesting a proposal from a qualified Certified Public Accounting (CPA) firm to conduct a programmatic audit for the I-Sah’-Din’-DII (ISDD) Limited Partnership (Limited Partnership) Low Income Housing Tax Credit (LIHTC) project on the Mescalero Apache Tribe reservation. The qualified firm must be certified in tax credit compliance.
The programmatic audit will be performed under Generally Accepted Auditing Standards (GAAS) as promulgated by the American Institute of Certified Public Accountants (AICPA), and will cover fiscal year 2012. The CPA will undertake tests of MAHA’s records and other procedures that it considers necessary to enable the CPA to express an opinion as to whether MAHA’s financial and other programmatic operations are in conformity with applicable federal statutory and regulatory provisions and other requirements.
MAHA understands that the engagement will not include a detailed inspection of every document and cannot be relied upon to disclose all material errors, fraud, or other illegal acts that may exist. However, MAHA expects that it will be informed of any material errors, omissions, or indicators of fraud that come to the CPA’s attention.
MAHA will provide the CPA with complete access to all necessary records, including the previous years’ audit and the report prepared by the forensic auditor, on electronic media or otherwise. MAHA will support the CPA in its investigative activities and will ensure that consents necessary to conduct the engagement are provided, such consents to include Consents to Search, Telephone Recording Consents, Consents to Photograph or Record, Consents to Copy regardless of media; and Consents to Contact Third Parties. MAHA understands that it is responsible for the accuracy and completeness of the records and other information that it provides to the CPA. The CPA should address matters of concern that currently do not rise to a Material Findings but, under different circumstances, may in the future.
At the conclusion of the audit, the CPA will be required to provide MAHA with a written opinion addressing the criteria related to the programmatic audit and a separate report on the audit of the financial statements. MAHA understands that the CPA’s opinion may be unqualified, qualified, adverse or disclaimed. The conditions that led to the opinion(s) will be discussed with management and presented in a separate management letter. The programmatic audit is to be considered a part of MAHA’s self-monitoring activities, and, as such, the findings and recommendations of the CPA shall not be released to any other entity except MAHA without the express written consent of the MAHA Board of Commissioners (“Board”). The results of the audit of the Limited Partnership financial statements provided to MAHA by the CPA as an independent third party and shall be provided by MAHA this report to the New Mexico Mortgage Finance Authority (NMMFA) and the ISDD Limited Partner.
Inquiries related to submittal of proposals may be addressed to Althea Palmer, MAHA Chief Finance Officer, at (575) 464-9236. Proposers shall submit an original and four (4) copies of the proposal in a sealed envelope clearly marked Programmatic Audit Proposal. All proposals shall be submitted to Mescalero Apache Housing Authority, Attention: Althea Palmer, P.O. Box 248, Mescalero, New Mexico, 88340, and received no later than 4:00 p.m. on November 1, 2012. Proposals not received by that time and date shall be rejected. MAHA reserves the right to reject any and all proposals and to waive any and all deficiencies.