NEW Request for proposals : Single audit for the fiscal year ending December 31,2024 in accordance with U.S department of state requirements Consultancy – Consultant – Contractors Agreement Magenta Consulting Closing in 7 days
Magenta Consulting
MAGENTA FZE (“MAGENTA” or “we” or “us”) is a commercial, for-profit entity with a mission to create a world where people are empowered to make the best choices for a safe, healthy, and prosperous life. As part of accomplishing its mission, MAGENTA delivers services to certain governmental and not-for-profit organizations throughout the world. In connection with its mission-driven work, MAGENTA applied for and subsequently received multiple federal financial assistance awards from the United States Government (USG). For the year ending December 31, 2024, MAGENTA expects to exceed $750,000 in federal expenditures.
Pursuant to the U.S. Department of State Standard Terms and Conditions for Federal Awards1 (“the Standard Terms”), foreign based organizations that exceed $750,000 in federal expenditures must have a Single Audit conducted in accordance with the Standard Terms. The Standard Terms are incorporated by reference into MAGENTA’s grant agreements. MAGENTA is seeking a qualified auditor to carry out either the complete Single Audit of MAGENTA’s Fiscal Year 2024 financial statements and federal financial assistance awards in accordance with the Standard Terms. The audit is required to be conducted in accordance with Government Auditing Standards.
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