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Audit committee recommends Kednington & Christiansen as city auditor; council instructs staff to prepare contract
Summary
After an RFP, the audit committee recommended Kednington & Christiansen (K and C) for a five-year audit contract; council instructed staff to negotiate a contract with a not-to-exceed price and to seek an earlier report deadline and more frequent communication.
The audit committee described a two-firm RFP process and a scoring matrix that favored Kednington & Christiansen (K and C) on price and overall points. Staff noted the selection would represent a multi-year contract with savings compared with the current audit expenditures. Council members asked staff to negotiate an earlier fiscal-reporting deadline (November 15 rather than December 15) and regular check-ins during the year; the motion instructed staff to prepare the contract for future approval with not-to-exceed totals for the five-year period.
Council approved the motion instructing staff to prepare the contract and negotiate the communication and deadline items; staff said it will return with a contract for formal council approval.
