STRATEGIC PRIORITY: Government Performance and Financial Management
AGENDA DATE: October 13, 2020
COUNCIL DISTRICT(S): All
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Elizabeth Reich
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SUBJECT
Title
Authorize a five-year professional services contract for auditing and non-auditing services for the City Auditor's Office - Baker Tilly US, LLP in the estimated amount of $875,000 and Weaver and Tidwell, L.L.P. in the estimated amount of $875,000, most advantageous proposers of fifteen - Total estimated amount of $1,750,000 - Financing: General Fund
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BACKGROUND
This action does not encumber funds; the purpose of a professional services contract is to establish firm pricing for services for a specific term, which are ordered on an as needed basis according to annual budgetary appropriations. The estimated amount is intended as guidance rather than a cap on spending under the agreement, so that actual need combined with the amount budgeted will determine the amount spent under this agreement.
This professional services contract will assist the City Auditor's Office in completing the Annual Audit Work Plan. This is to be accomplished by co-sourcing the performance of auditing or non-audit services engagements from initial planning through a final report or aiding the City Auditor's Office staff with various tasks related to audit or non-audit services assignments. Also, contractors may be requested to serve in an advisory role to assist the City Auditor's Office in conducting audits whereby special expertise is needed for a given audit subject.
A four-member committee from the following departments reviewed and evaluated the proposals:
* City Auditor's Office (2)
* Employee Retirement Fund (1)
* Office of Economic Development Business Workforce and Inclusion Division (1)*
*The Office of Economic Development Business Workforce and Inclusion Division only evaluated the...
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