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CLIENT:  EAST ORANGE WATER COMMISSION

Country:  USA, New Jersey

Sector:  Utility/Infrastructure

Service:  Accounting/Financial Management/Management Consulting

Year:  2013 - 2015

Project:  Financial Advisory and CFO Services

 

Project Description: Project Description:  The East Orange Water Commission provides water services to approximately 71,500 Clients in East Orange, and also provides water services under contract to the Township of South Orange Village with a population of approximately 17,000 Clients. Part of its mission is to produce water at the least possible cost to the consumer with only sufficient income to cover the Commission’s operating and maintenance cost, with sufficient reserves to be set aside each year to cover depreciation, replacements, and such new capital developments as are necessary to uphold a high state of efficiency. To ensure accomplishing this mission, East Orange Water Commission awarded a contract to IBS Management and Consultancy Services (IBS) to assist it provide certain advisory services to improve operational and management effectiveness.

 

IBS provided a range of services, including: CFO – financial statement preparation and audit readiness, budget development and long range financial planning, fraud and forensic audit, business process improvements and other strategic advisory and consulting services to East Orange Water Commission in New Jersey. These services included project management, fiscal and budget process reviews, accounting and financial operations reviews, and general financial management support. We also reviewed program performance and operating policies and procedures and processes to identify areas for improvement; developed methods and approaches in evaluating programs and outcomes; reviewed budget preparation and execution processes for efficiency and effectiveness; and accounting operations internal controls to identify risks and vulnerabilities associated with unauthorized systems access and processing of transactions. IBS Consulting also assisted in the review of certain grants to ensure compliance with all grant requirements.

 

NAICS

541611 Admin Mgmt. & Gen. Mgmt. Consulting Services

541990 All Other Professional, Scientific & Technical Services

541211 Certified Public Accountants

541219 Other Accounting Services

541618 Other Mgmt. Consulting Services

541690 Other Scientific & Technical Consulting Services

561110 Office Admin Services

561499 All Other Bus. Support Services

611430 Prof. & Mgmt. Dev. Training

CERTIFICATIONS

Certified Small Disadvantaged Business (SBA-8a, DC, MD, VA, PA and NJ)

SBA 8(a) -  Program Code/Case Number is 307466.

Certified Minority Business Enterprise

CAGE : 6VUR3; DUNS: 078664340

DC OFFICE

1627 K St, NW, Suite 500

Washington, DC 20006

Tel: 202-609-8830

MD OFFICE

13201 14th Street

Bowie, MD  20715

Tel: 301-379-2196