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The Big Coulee District Requesting Proposals


Last updated 6/2/2022 at 10:23pm

Big Coulee District

Scope of Work

Purpose Statement

The Big Coulee District is requesting proposals to audit the financial statements for the periods starting from January 1st, 2017 to Present time May 2022. This audit will be for the Three (3) big Coulee accounts, The General account, Elderly Account, Youth Account. In order to facilitate comparison of proposals received, the proposals should include:

1. A transmittal letter stating your understanding of the necessary audit procedures.

2. Profile of your firm and audit team that shall be assigned to do the audit.

3. Qualifications

4. A statement that your firm meets the mandatory criteria as to independence and license to practice.

5. Retention of audit working papers.

6. A summary of your firm's experience in preparing tribal audit.

7. A breakdown of the all – inclusive fee.

8. Additional services to be provided as part of the audit.

9. Copy of SWO business License, if proposal is approved.

Scope of Work

The Auditor shall be expected to draft the following financial statement and schedules and all required financial statement footnotes, based on the trial balances and other books and records of the Big Coulee District.

1. Statement of Net Position

2. Statement of Activities

3. Balance sheets

4. Reconciliation of the Balance sheet to the Statement of the Net Balance

5. Statement of Revenues, Expenditure, and changes in Fund balance

6. Schedule of Findings and Questions cost.

7. Summary schedule of Prior Audit Findings (if any).

8. Recommendations for Internal Controls

In addition to the statements above, the Auditors shall be expected to prepare Combining Balance sheets and statements of Revenue and Expenditures in excel format for the General, Elderly and Youth accounts of the Big Coulee District.

The Auditor in charge will conduct an exit conference with the Big Coulee District Executives and or the Membership. At the exit conference finding and recommendations regarding compliance and internal controls shall be discussed. The Big Coulee Executives shall have the opportunity to respond, orally or in writing to the findings. Any such written responses shall be included in the audit report.

The audit principal or audit manager responsible for the work shall attend and present the final audit report draft the Membership of Big Coulee district executives and or membership at the next available date unless requested otherwise by the membership.

Per CFR Chapter 1, Chapter II, Part 200.514 Scope of Audit; a,b,c d shall be requested and discussed for sections c, d, and e.

The auditor must follow up on prior audit findings; perform procedures to assess the reasonableness of the summary schedule of prior audit findings prepared by the auditee in accordance with (s) 200.511.

Audit findings follow up paragraph (b), and report as a current year audit finding, when the auditor concludes at summary schedule of prior audit findings materially misrepresents the status of any prior audit finding. The auditor must perform audit follow – up procedures. (f) Data collection Form. As required in (s) 200.512 Report submission paragraph (b) (3), The auditor must complete and sign specified sections of the data collection form.

The Big Coulee District is under the Sisseton Wahpeton Oyate of the Lake Travers Reservation, and is a sovereign and federally recognized Indian tribe. All Proposals must include recognition that all agreements relating to this project in which shall be governed by and construed in accordance with the laws of the Sisseton – Wahpeton Oyate, Irrespective of any language to the contrary in the Agreement or elsewhere.

Proposals should be sent to:

Viva DuBois, Big Coulee Treasurer

[email protected]

Big Coulee District Treasurer

P.O Box 825

Agency Village, SD 57262

Proposals must be received by 4:30pm on June 10th, 2022

We reserve the right to reject all proposals. Factors to be considered in evaluating each proposal for audit services include the responsiveness to the request for proposals, relevant experience, availability of staff with professional qualifications and technical abilities the results of peer and external quality control reviews, and price.


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