Health Research, Inc. RFP for Professional Auditing Services

HEALTH RESEARCH, INC.

REQUEST FOR PROPOSALS PROFESSIONAL AUDITING SERVICES

Health Research, Inc. (HRI) invites proposals from recognized certified public accounting firms to perform an annual audit of all financial records specified below for the following fiscal years:

• Fiscal year ending March 31, 2025
• Fiscal year ending March 31, 2026
• Fiscal year ending March 31, 2027
• Fiscal year ending March 31, 2028
• Fiscal year ending March 31, 2029 .

HRI is an independent not-for-profit corporation that has as its principal clients the New York State Department of Health (DOH) and the Roswell Park Cancer Institute Corporation (RPCIC), a public benefit corporation and leading cancer research center located in Buffalo, NY. HRI's mission is to independently assist DOH, RPCIC and other entities to effectively evaluate, solicit, and administer external financial resources to support and extend the research and public health programs of DOH, RPCI and other entities, and to disseminate the benefits of DOH expertise through programs such as technology transfer.

HRI is a not-for-profit corporation organized under the New York State not-for-profit Corporation Law. It is exempt under Section 501(c)(3) of the Internal Revenue Service Code. Gifts, bequests, and donations made to HRI are tax-deductible for the donor. HRI has two Divisions, one located in Menands, NY (Albany Division) and the other located in Buffalo, NY (Roswell Park Division), with the corporate office located in Menands, NY. 1.3.1

HRI follows all applicable Financial Accounting Standards Board (FASB) pronouncements.

HRI is governed by a self-perpetuating Board of Directors. The Corporation's research projects and public health programs, supported through grants, contracts and donations, are authorized by the sponsor and carried out by DOH, RPCI and/or HRI staff members, who serve as project directors and principal investigators and project staff. HRI's administrative functions related to the sponsored research are carried out by experienced Controller’s Office, Office of Sponsored Programs, Information Systems, Corporate Compliance, Human Resources and Technology Transfer staff under the supervision of the Executive Director.

PURPOSE

The purpose of this Request for Proposals (RFP) is to secure a qualified Certified Public Accounting Firm to conduct an annual financial audit in compliance with the Generally Accepted Accounting Principles (GAAP) (COMPONENT A) and a Single Audit in compliance with the Uniform Guidance, and Government Auditing Standards, issued by the Comptroller General of the United States and conduct an annual employee benefit plan audit in accordance with the Employee Retirement Income Security Act of 1974 (ERISA) Section 103(a)(3)(C) (COMPONENT B). 1