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Tompkins County to renew auditing contract with Insero following RFP

3507593 · May 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After a competitive RFP, the committee endorsed a three‑year contract worth $363,600 with Insero for county audits, citing experience with local entities including airports.

Tompkins County’s Budget, Capital and Personnel Committee voted unanimously on May 8 to move forward with a three‑year audit contract with Insero for $363,600, following a competitive request for proposals.

Finance staff told the committee that five certified public‑accounting firms submitted proposals and that Insero was selected for its local experience and specific knowledge auditing airports, industrial development agencies and related entities. The audit contract will cover a three‑year term; the resolution authorizing the contract was placed on the meeting agenda and approved without recorded opposition.

The nut graf: committee members said the evaluation weighted experience and the ability to audit county‑specific operations — including airport and Tobacco Asset‑backed entities — ahead of lowest price. Finance staff noted the winning bid was within roughly 8.5% of the lowest bid, and that Insero’s local experience and prior county audits informed the decision.

Finance staff said Insero’s proposal stood out for named experience with airport and IDA audits, which the county flagged as essential in the RFP. The committee noted that although Insero was not the lowest bidder, the firm’s experience with county entities and continuity of service justified the selection.

The committee will bring a formal contract resolution to the legislature for final authorization and execution.

Ending: The county will proceed to finalize the contract, and staff said they expect Insero to begin audits under the new agreement later this year.