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Council pauses audit contract decision, directs staff to seek bid from current auditor
Summary
Staff recommended switching auditors to Vasquez and Company based on price; council directed staff to ask the incumbent firm for a comparable proposal and continue the item for up to 30 days.
City staff recommended that the council approve a three-year professional services agreement with Vasquez and Company to perform the city's annual financial audits, citing proposals from two firms and a roughly $11,000 three-year price difference in favor of Vasquez.
The staff presentation said two firms submitted proposals this cycle and that Price Page and Company's three-year total was about $11,000 higher than Vasquez's. The presenter said the decision ultimately came down to price and recommended Vasquez.
Council members raised questions about the size of the proposed fee increase, the market for municipal audits, and whether the incumbent auditor (LSL) could submit a competitive proposal. One councilmember noted that the city's prior auditor had bid low in the past and suggested asking LSL for a written proposal.
Following discussion, the council moved to continue the item and directed staff to ask LSL (the incumbent auditor) to provide a proposal or letter of terms. The motion included a request that staff return as soon as practicable with any proposal from LSL; if LSL declined, staff were to proceed with the evaluation of the two received proposals. The council conducted a roll call and the motion passed unanimously (5-0).
No professional services agreement with Vasquez was executed at the meeting; the council took no final contract award action pending the requested follow-up.
