Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit Procurement topic
No spam. Unsubscribe anytime.
City manager alerts council to higher-than-expected auditor contract bids
Summary
Staff said responses to the city’s auditor request for proposals indicate audit costs may rise to about $15,000–$20,000; the council adjusted the budgeted contribution line accordingly and staff will proceed with the RFP process.
City staff told the council that proposals received for the city audit indicate the audit cost will likely be higher than in prior years, with bidders estimating between about $15,000 and $20,000 to meet state model requirements.
Staff said they issued the RFP to multiple firms and have received interest from several qualified auditors. The staff memo on the agenda increased the audit line to $20,000 and adjusted contribution amounts among funds to cover the anticipated increase. Councilors asked staff to proceed with the RFP and return recommended contracts once evaluations are complete.
No final awarding decision was made at the meeting; staff will return with recommended audit contract terms and a formal contract award for council action.
