The scope of these services includes, but is not limited to, administration and pre-audit of the following business processes: purchasing, contracting, accounts payable, accounts receivable, cash receipts, fixed asset accounting and management, time distribution, inventory management, reporting and record keeping, and payroll disbursement. The successful vendor will be responsible for performing financial management duties currently performed by the Virgin Islands Department of Finance (VIDF), the Virgin Islands Department of Property and Procurement (VIDPP) and the Governor’s Office for all funds provided to the Virgin Islands Department of Education (VIDE), the Virgin Islands Department of Health (VIDH) and the Virgin Islands Department of Human Services (VIDHS) by the USDE. The successful vendor will be required to ensure that all such funds are received, deposited and disbursed in accordance with USDE and other applicable Federal requirements, including 2 CFR 200, as well as Virgin Islands requirements and regulations...
