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Terrell council selects Whitley Penn for city audit, rejects separate compliance audit bid
Summary
Council awarded a three-year audit engagement (with two one-year options) to Whitley Penn LLP at an initial cost estimate of about $67,500 and voted to reject all bids for a separate compliance-audit RFQ because staff said finance lacks capacity to manage a third simultaneous audit.
The Terrell City Council on July 1 awarded RFQ 2025-03 for annual financial audit services to Whitley Penn LLP and authorized the interim city manager to negotiate a three-year engagement with two one-year renewal options. Staff presented Whitley Penn as the top-qualified firm after a competitive qualifications review; the firm’s initial estimated fee for…
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