Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CalPERS Risk and Audit Committee recommends BDO as top finalist, directs staff to begin negotiations
Summary
At a meeting of the CalPERS Risk and Audit Committee, members voted to recommend that the full board award the independent-auditor contract to BDO, subject to final negotiations and satisfaction of all requirements, and directed staff to begin contract talks with BDO immediately; if staff concludes negotiations are unsuccessful, staff was directed to open negotiations with the next-highest scoring finalist, Plante Moran.
At a meeting of the CalPERS Risk and Audit Committee, members voted to recommend that the full board award the independent-auditor contract to BDO, subject to final negotiations and satisfaction of all requirements, and directed staff to begin contract talks with BDO immediately; if staff concludes negotiations are unsuccessful, staff was directed to open negotiations with the next-highest scoring finalist, Plante Moran.
The recommendation follows committee interview scoring that placed BDO first on the interview portion (700 points). Justin Heeb, CalPERS contracts and procurement manager, announced the committee interview scores and the combined totals: “BDO USA 700 points for their interview score … Combined with the preliminary technical scores, BDO USA received a total score of 1,050 points including incentive points. Crowe LLP received a total score of 1,010.96 points. KPMG received a total score of 1,018.68 points, and Plante Moran received a total score of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
