What constitutes a Quality Assurance Review? Will NJDOT formally approve the audited overhead rate and notify the consultant?
NJDOT Bureau of Auditing staff and CPA firms work together on behalf of NJDOT to review the reports and working papers of the consultant-hired CPA firms. We assure that the audits have been performed in accordance with Generally Accepted Government Auditing Standards, Title 48 Part 31 of the Federal Acquisition Regulations, the specific contract provisions, as well as the applicable State of New Jersey Circular Letters. The recommended Audit Work Program should be used by the consultant-hired CPA firms to assure that all of the required steps are performed. For further guidance, The American Association of State Highway Transportation Officials (AASHTO) Audit Guide should be used. If the audit meets the requirements of the established audit criteria, the consultant will be notified by the NJDOT Bureau of Auditing that it has been accepted.
