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Council approves PKF O'Connor Davies LLP to conduct West Haven's FY2025 audit
Summary
After an RFP produced no competing responses, the finance committee and city council authorized PKF O'Connor Davies LLP to conduct the city's annual audit for the fiscal year ending June 30, 2025; the finance director said the firm proposed a slight fee increase due to expanded federal testing.
The West Haven City Council authorized PKF O'Connor Davies LLP to conduct the city's annual audit for the fiscal year ending June 30, 2025, after the finance director said a request for proposals produced no competing bids.
Finance Director Michael Gormeny told the finance committee the city issued an RFP for audit services but received no responses; PKF O'Connor Davies, the incumbent external auditor, submitted a proposal and the finance department recommended engaging them for another year. "We did put out an RFP for audit services as well just to see if there were any bids that would come back as well, and we didn't receive any responses," Gormeny said. He added that auditing firms are scarce and that another municipality also received only two responses, one being an incumbent auditor.
Gormeny said there is a slight increase in the firm's proposed fee for FY2025 driven by additional testing required by changing federal accounting rules: "There was a slight increase in this proposal," he said, citing more testing as federal regulations change. Committee members confirmed the procurement ordinance was followed in the selection process.
The finance committee voted to recommend the designation and the full council approved the resolution authorizing Mayor Dorinda DeBoer to execute related documents. The meeting record does not present a detailed cost figure in the transcript excerpt.
