PROFESSIONAL_SERVICESAPPROVED

Salem State University Awards Professional Services Contract to WITHUM (March 2026)

Salem State University approved the appointment of Withum for external audit services covering FY2026 through FY2028. FY2026 fees include $91,900 for the financial statement and Single Audit, $8,600 per major federal-audit program, and $11,300 for the MOFSA audit, with 4% increases in subsequent years.

Document date · March 25, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$91,900 for the FY2026 financial statement & Single Audit; $8,600 for each major program for the federal audit; $11,300 for the Massachusetts Office of Financial Student Aid (MOFSA) audit. Subsequent years’ costs increase by 4%.
Contract type
PROFESSIONAL_SERVICES
Contract term
FY2026 through FY2028
Renewal date
2028-06-30
Renewal
Appointment follows a competitive RFP conducted before expiration of the current audit contract. Subsequent years’ costs increase by 4%; no separate renewal option is stated.
Document type
AgendaPacket
Source document
Salem State University AgendaPacket Risk Management and Audit Committee Meeting Report 2026-03-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Salem State University?

WITHUM was awarded this professional services contract by Salem State University, as recorded on March 25, 2026. The contract value is $91,900 for the FY2026 financial statement & Single Audit; $8,600 for each major program for the federal audit; $11,300 for the Massachusetts Office of Financial Student Aid (MOFSA) audit. Subsequent years’ costs increase by 4%..

How much is the WITHUM contract with Salem State University worth?

The WITHUM contract with Salem State University is valued at $91,900 for the FY2026 financial statement & Single Audit; $8,600 for each major program for the federal audit; $11,300 for the Massachusetts Office of Financial Student Aid (MOFSA) audit. Subsequent years’ costs increase by 4%., covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Salem State University AgendaPacket Risk Management and Audit Committee Meeting Report 2026-03-25 (AgendaPacket), dated March 25, 2026 from Salem State University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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