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Richmond council approves five-year audit contract after concerns over delayed reports
Summary
Council approved a five-year audit contract (total $206,400) with a contractual out clause and voted to invite the auditor to present results in person after councilors raised concerns about past late deliveries and the auditor's absence at prior meetings.
The Richmond Town Council authorized a five-year audit contract and separately approved a motion to ask the auditor to meet with councilors in person after concerns about late audit delivery and limited in-person engagement.
Danielle, the town finance director, said the successful bid was the only responsive proposal and that the five-year total cost was $206,400. Councilors pressed for stronger contractual timelines and an explicit termination option if the auditor fails to meet delivery requirements. Councilor Colasanti abstained from the final award vote; the remainder of the council voted to authorize the contract with an out-clause.
Separately, councilors passed a motion directing staff to invite the auditor to appear before the council to discuss the most recent audit so members can review findings before the next budget cycle. Several councilors said the auditor's in-person presentation is essential to understand the town's fiscal position before budget decisions.
What happens next: staff will finalize the contract terms (including timelines and remedies) and send the invitation to the audit firm to schedule an in-person presentation; councilors indicated they will hold the firm to the timelines included in the bid specifications and consider going back out to bid if service issues continue.
