The 2016 Measure B Citizens’ Oversight Committee (“MBCOC” or “Committee”) seeks proposals from qualified Certified Public Accountant (CPA) firms to provide annual compliance and/or performance audit services (“Services”) related to the 2016 Measure B Program (“Program”).
The Ballot requires the MBCOC to have an audit conducted annually by an independent auditor that will review the receipt of revenue and expenditure of Funds. The Ballot also grants that body authority to select and retain the qualified audit firm of its choice, subject to conformance with competitive bidding requirements specified by Government Code. The selected firm (“Contractor”) reports directly to the MBCOC.
This compliance and/or performance audit will be the primary tool, but not necessarily the only one, that the MBCOC will utilize to render its conclusion on whether Funds are being expended consistent with the approved Program. The MBCOC will then formally report this conclusion to the residents of Santa Clara County.