OTHER-2026-037-North Carolina Local Government Commission Audit Contract with Mauldin & Jenkins LLC

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�i�fz - a0ac� � 37� i j 5 /5�aco LGCw205 Form A CONTRACT TO AUDIT ACCOUNTS Rev. 02/2026 The Governing Board Board of County Commissioners of Primary Government Unit Orange County and Discretely Presented Component Unit ( DPCU ) (if applicable ) N/A Primary Government Unit, together with DPCU (if applicable), hereinafter referred to as Governmental Units) and Auditor Name Mauldin & Jenkins, PLLC Auditor Address 3301 Benson Drive , Suite 102, Raleigh, NC Hereinafter referred to as Auditor for Fiscal Year Ending Date Audit Will Be Submitted to LGC 06/30/26 12/31 /26 Must be within six months of FYE hereby agree as follows : 1 . The Auditor shall audit all statements and disclosures required by " U . S . Auditing Standards — AICPA (Clarified ) , " referred to as generally accepted auditing standards ( GAAS ) and additional required legal statements and disclosures of all funds and/or divisions of the Governmental Unit(s ) . The non -major combining , and individual fund statements and schedules shall be subjected to the auditing procedures applied in the audit of the basic financial statements and an opinion shall be rendered in relation to (as applicable ) the governmental activities , the business -type activities , the aggregate DPCUs , each major governmental and enterprise fund , and the aggregate remaining fund information (non - major government and enterprise funds , the internal service fund type , and the fiduciary fund types ) . Budgetary comparison information shall be prepared in accordance with applicable GASB standards . Budget-to-actual comparisons at the level of the legally adopted budget ordinance shall be presented as required supplementary information and shall not be included in the basic financial statements . Any other budgetary comparison information shall be presented only as supplementary information for funds required to be budgeted under NCGS Chapter 159 , Article 3 . 2 _ At a minimum , the Auditor shall conduct the audit and render the report in accordance with GAAS . If the Governmental Unit expended $ 100 , 000 or more in combined Federal and State financial assistance during the reporting period , the Auditor shall perform the audit in accordance with Generally Accepted Government Auditing Standards (GAGAS ) . The Governmental Unit is subject to federal single audit requirements in accordance with Title 2 US Code of Federal Regulations Part 200 Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart F ( Uniform Guidance) and the State Single Audit Implementation Act . Currently the threshold is $ 1 , 000 , 000 for federal and state single audits , or such other threshold as applicable for the fiscal year under audit . This audit and all associated audit documentation may be subject to review by federal and State agencies in accordance with federal and State laws , including the staff of the Office of State Auditor (OSA) and the Local Government Commission ( LGC) . If the audit requires a federal single audit in accordance with the Uniform Guidance (§ 200 . 501 ) the Auditor and Governmental Unit(s ) should discuss , in advance of the execution of this contract , the responsibility for submission of the audit and the accompanying data collection form (form SF- FAC) to the Federal Audit Clearinghouse as required under the Uniform Guidance (§ 200 . 512 ) to ensure proper submission . If the audit and Auditor communication are found in this review to be substandard , the results of the review may be forwarded to the North Carolina State Board of CPA Examiners ( NC State Board ) . Page 1