Financial Management: Review of Amtrak’s Procurement of Its Independent Public Accountant
March 27, 2025 | Other Audit Correspondence
In January 2025, the company selected, and the Amtrak Board of Directors appointed the company’s Independent Public Accountant (IPA). We oversaw the procurement and selection of the IPA and found the following:
· The company followed its policies to ensure fair and open competition in the procurement.
· The selected contractor is independent and qualified to perform this work.
· The terms of the contract will allow us to continue to meet our statutory requirements to monitor the IPA’s audit activities.