The contest is for complete external audits of the annual accounts for 28 limited companies as well as the group accounts for toll money operations in Østlandet. The contract will be valid for 2 years, with an option for the contracting authority to extend for up to a further 2 years, 1 year at a time.

Tenders are to be submitted for complete external audits of the annual accounts of the current 29 limited companies, as well as the group accounts (Vegfinans AS is the parent company, 28 of the companies are a part of the group) connected to toll money operations in Østlandet. The audit must be carried out in accordance with the applicable Norwegian laws and regulations. The contracting authority would also like hourly rates for any additional work that the company can request. Examples of additional work can be consultancy services, tax/duties, valuations, etc.

The auditor's assignment is to submit an independent statement on whether the annual accounts have been submitted in accordance with the law and regulations, as well as whether the company's management has fulfilled its obligations to ensure proper and clear registration and documentation of accounting information in accordance with the law on good bookkeeping practice. The auditor must also check that the information in the annual report for the annual accounts, the premise for continued operation and the proposal for using profits/coverage of losses are consistent with the annual accounts and are in accordance with the law and regulations.

The audit must be carried out in accordance wtih the law, regulations, and good auditing practice in Norway, including the approved auditing standards. The auditor must carry out the audits required by the standards and what the conditions require in order to achieve satisfactory quality. Valid auditor licences are required for the persons responsible for the assignment. The auditor must submit the auditor's report to the General Assembly after the annual accounts and annual report have been submitted to the boards.