The S&P 500 and the Nasdaq hit record highs yesterday. It’s a puzzling picture in the middle of a pandemic-caused recession. The trend is accredited to Big Tech companies, like Apple and Amazon, getting bigger because of the increased digitization of our world in the middle of the pandemic. Apple is now valued at $2 trillion, the first corporation to achieve that milestone.
But across the country millions are still unemployed, and small businesses are permanently closing their doors. Some corporations may not need financial help, but everyday Americans do. Governments are supposed to be representative of the people, so they will need financial services too.
The Massachusetts Office of the Comptroller is soliciting bidders for auditing services for the state. The scope of work consists of annual financial and compliance audits for three fiscal years with four annual optional renewals. A more detailed calendar of services can be found within the RFR. Bids for this contract are due September 4.
Mecklenburg County, North Carolina, is requesting bids for a financial cost recovery consultant. The county realizes that it is vulnerable to other emergencies and natural disasters and wants to contract a vendor to, “manage state and federal aid programs compliance processes along with existing employees and systems needing assistance with necessary disaster response and recovery work.” Bids for this opportunity are due September 2.
While some corporations may be thriving during this recession, most of us are not. Americans need help paying their bills and securing their financial futures. Governments may need to review their budgets and make cuts as well as prepare for the uncertain future. The contracts they put out reflect that, so citizens and governments need to team up to help each other.
About the Author
Grant Sarver is from Suwanee, Georgia. He is currently an undergraduate pursuing Bachelor’s degrees in International Affairs and Sociology at the University of Georgia with an expected graduation in December 2020. He is most interested in human rights and social equity and plans to work for an entity that helps fulfill people’s human rights.