Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF NOVEMBER 25,1998 PSA#2229

St. Louis Housing Authority, Contracts Division -- Third Floor, 4100 Lindell Boulevard, St. Louis, MO 63108-2999

R -- PROFESSIONAL AND COMPLIANCE AUDITING SERVICES FOR A PUBLIC HOUSING AGENCY SOL FN 98-24A DUE 121498 POC Michael Jakubowski, Purchasing Agent, 314/286-4234; Contracting Officer, Beverly Franklin The selected offeror must perform a financial and compliance audit of all activities of the St. Louis (Missouri) Housing Authority (SLHA), regardless of Federal funding source, under the Single Audit Act of 1984 and OMB Circular A-128. The Single Audit Act provides that: (1) The audit shall be made by an independent auditor. An "independent auditor" means (a) A state or local government auditor who meets the independence standards specified in the generally accepted government auditing standards, or (b) A public accountant who meets such independence standards. (2) The audit shall be made in accordance with generally accepted government audit standards covering financial and compliance audits. These standards mean the Standards for Audit of Government Organizations, Programs, Activities, and Functions developed by the Comptroller General of the United States. Requirements of the Auditor: (1) The financial statements of the government, department, agency or establishment present fairly its financial position and results of its financial operations in accordance with generally accepted accounting principles (GAAP) (2) The organization has internal accounting and other control systems to provide reasonable assurance that it is managing Federal financial assistance programs in compliance with applicable laws and regulations. (3) The organization has complied with laws and regulations that may have a material affect on its financial statements and on each major Federal assistance program. All offerors must comply with Section 3 and MBE/WBE requirements. Offerors must submit their proposals in accordance with the SLHA solicitation documents which may be obtained at no cost from the above address or by telephone. The SLHA reserves the right to reject any and all proposals or to accomplish this work by any means determined to be in the best interests of the SLHA. The closing date and time for proposals is December 14, 1998 before 3:00 p.m. (local time). Posted 11/23/98 (W-SN273992). (0327)

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