Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Audit topic
No spam. Unsubscribe anytime.
Waverly switches to CliftonLarsonAllen for fiscal-year audits under multiyear agreement
Summary
The council approved a three-year audit agreement and a five-year master services agreement with CliftonLarsonAllen LLP for auditing services; fees for FY25–FY27 were listed and the firm may bill additional fees if a single audit is required.
The City Council approved a three-year audit engagement with CliftonLarsonAllen LLP (CLA) and a related five-year master services agreement and statement of work for auditing services.
The council approved Resolution 25-65 to engage CLA for fiscal years 2025, 2026 and 2027. The contract lists fees of $58,820 for fiscal year 2025, $61,950 for fiscal year 2026 and $65,100 for fiscal year 2027. The contract also notes an additional fee of $8,000 to $10,000 for each federal grant program that triggers a single audit; out-of-scope work would be subject to a revised proposal.
City staff explained the change followed a competitive solicitation that produced multiple bids; staff said the selected firm is larger and priced the work lower than the incumbent. Val, a city staff member who administers audit coordination, said CLA will treat the first year as a transition period and that the city’s request for proposals contemplated a three-year initial term with potential extensions.
Council also approved a five-year master services agreement (Resolution 25-69) and a statement of work under that agreement (Resolution 25-70); council voted unanimously on both items. Staff said the master agreement is CLA’s standard practice and that the city retains the option to rebid in three years if desired.
Councilmember (mover) moved approval; the motions were seconded and passed on unanimous roll-call votes. No public comment was offered during the agenda items.
