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City extends external auditor contract and plans October RFP to replace firm
Summary
The audit committee approved a short extension for the current external auditor so the mayor may sign an urgent contract extension; staff will begin a formal RFP process in October and suggested committee input on a proposed scoring rubric.
Finance staff told the committee the city reached the final renewal period on its external audit contract and the meeting record shows a resolution authorizing the mayor to sign an extension to the existing contract so the city meets statutory deadlines. The Finance Director said purchasing will start the RFP process in October and that staff will share the draft RFP and recommended rubric for committee review.
Committee members discussed priorities for evaluating proposals and asked that staff narrow the RFP scope so bids target the city's highest needs. Zach was named as the staff lead to finalize edits; staff emphasized a short turnaround after bids return because onboarding auditors requires significant build work and secure document transfer. The director noted some prospective firms are local and regional and that the RFP will be shared with the committee before it is issued.
Provenance: topicintro evidence: "The resolution today authorized the mayor to sign an extension to the existing contract." topicfinish evidence: "The RFP is essentially written. As we get closer to October, we'll share that."
