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Fiscal Oversight Module 1 - New York State School Boards ...

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© 2012 <strong>New</strong> <strong>York</strong> <strong>State</strong> <strong>School</strong> <strong>Boards</strong> Association, Latham NY<br />

Appointing Your External Auditor<br />

• District MUST use an RFP (request for<br />

competitive proposal) when hiring external<br />

auditors<br />

– Lowest responsible bidder<br />

• No engagement can exceed five years<br />

– After five years, new RFP must go out<br />

– Can use same firm if they win bid, but use<br />

different partner within firm<br />

• Existing contracts can continue until<br />

expiration

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