W. Va. Code R. § 148-24-4

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 148-24-4 - Agreements for the Provision of Accounting and Financial Reporting Services

4.1. Any spending unit may submit a request to the Deputy Director to voluntarily enter into an agreement for the provision of accounting and financial reporting services.

4.2. Spending units with a cost performance assessment greater than the Section's baseline cost for the designated accounting services as determined under subsection 3.3 of this rule shall, unless declined by the Deputy Director, enter into an agreement for the provision of those services by the Section.

4.3. Spending units that fail to provide financial information to FARS by an established deadline shall, unless declined by the Deputy Director, enter into an agreement for the provision of financial reporting services.

4.4. The Deputy Director may decline to enter into any agreement for the provision of accounting or financial reporting services for any state spending unit if he or she determines that:

4.4.a. The Shared Services Section or FARS does not have the necessary expertise or resources at the time of the request to provide the services desired or required by the state spending unit; and

4.4.b. That developing the necessary expertise to provide the desired or required services would outweigh any potential cost savings to the state.

W. Va. Code R. § 148-24-4