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Consider awarding a contract for audit services.
Strategic Goal:Quality Public Services Objective: Provide customers with high quality, efficient services.
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Pursuant to state law, the City cannot contract for audit services for a period of more than four years. Even though the current auditors will complete their work in the fall of 2010 for our fiscal year ending June 30, 2010, state law requires the City to award a contract for the next audit term prior to the beginning of the first fiscal year for which the firm will serve as auditor. With this in mind, the Finance Department circulated a Request for Proposals (RFP) for audit services to all local CPA firms and to select other area firms that had previously expressed interest. We then held a pre-bid meeting in May, 2010. Five firms submitted bids by June 15, 2010, the due date for responses. The bids, inclusive of fees for the audit of the Housing Development Corporation, are summarized below:
The City’s current contract is with Burkett, Burkett & Burkett. City staff and management have been pleased with their performance and their level of governmental expertise. Our review of the proposals we received indicates that all the firms appear to be sufficiently qualified to do the audit, but considering our experience to date with Burkett, Burkett & Burkett and the fact that they are proposing the lowest price, we recommend that City Council award them another four year contract for audit services. City staff will be available to answer any questions at the meeting.