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HomeMy WebLinkAboutR-03-1042J-03-798 09/25/03 RESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING THE CITY MANAGER'S RECOMMENDATION TO APPROVE THE FINDINGS OF THE EVALUATION COMMITTEE PURSUANT TO REQUEST FOR PROPOSALS NO. 02-03-180, THAT THE MOST QUALIFIED FIRM TO PROVIDE EXTERNAL AUDITING SERVICES FOR THE CITY OF MIAMI IS KPMG, LLP, ("KPMG") THE TOP-RANKED FIRM; AUTHORIZING THE CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH KPMG FOR A ONE-YEAR PERIOD, IN AN AMOUNT NOT TO EXCEED $320,000; ALLOCATING FUNDS FROM ACCOUNT CODE NO. 001000.260201.6.280. WHEREAS, Request for Proposals No. 02-03-180 was issued to secure external auditing services for the City of Miami ("City"), on a contract basis, for the Department of Finance; and WHEREAS, thirty solicitations were mailed, and three Proposals were received and evaluated by the Evaluation Committee; and WHEREAS, the Committee met, evaluated, and recommended that the City Manager execute a Professional Services Agreement ("Agreement"), with KPMG, LLP, ("KPMG") the most qualified firm CITY C4o1OISS101i NELIU4 3 SEP 2 5 2003 AesolwWn No. to provide external auditing services, for a three-year period, with the option to extend for three additional one-year periods; and WHEREAS, the City Commission has determined, that at this time, only a one-year contract is appropriate, pending a review by the City Manager of external auditing firms and practices for governmental entities throughout the State of Florida; and WHEREAS, funding is available from Account Code No. 001000.260201.6.280; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The recommendation of the City Manager to approve the findings of the Evaluation Committee, pursuant to Request for Proposals No. 02-03-180, that the most qualified firm to provide external auditing services for the City is KPMG, LLP, is accepted. Section 3. The City Manager is authorized -11 to execute an Agreement, in substantially the attached form, with KPMG for a 1� The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. Page 2 of 3 i 10 4 2 one-year period, in an amount not to exceed $320,000, with funds allocated from Account Code No. 001000.260201.6.280. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.V PASSED AND ADOPTED this 25th day of _September , 2003. ATTEST: '22!2F� PRISCILLA A. THOM SON -lel-I CITY CLERK PREPARED'AS TO FORM f f f, C�ITY� DR VIL'ARE'`LLO ORNEY W75 :tr:AS:BSS CORRECTNESS FV,* Afr' M, ��,,IeW.NUELA: DIAZ, If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 3 of 3 .j3-1042 PROFESSIONAL SERVICES AGREEMENT This Agreement is entered into this _ day of , 2003 (but effective as of ) by and between the City of Miami, a municipal corporation of the State of Florida ("City") and KPMG, LLP ("Provider"). RECITAL A. The City has issued a Request for Proposals ("RFP") for the provision of External Auditing Services (" S: rvices") and Provider's pro, —,il ("Proposal"), in respo,,:,e thereto, has been selected as the most qualified proposal for the provision of the Services. The RFP and the Proposal are sometimes referred to herein, collectively, as the Solicitation Documents, and are by this reference incorporated into and made a part of this Agreement. In the event of an express conflict between the RFP and/or the Provosal and this Agreement, this Agreement shall control. B. The Commission of the City of Miami, by Resolution No. - , adopted on , 200_, approved the selection of Provider and authorized the City Manager to execute a contract under the terms and conditions set forth herein. NOW, THEREFORE, in consideration o` the mutual covenants and promises herein contained, Provider and the City agree as follows: TERMS 1. RECITALS: TI„, recitals are true and correc rind are hereby incorporated ;nto and made a part ( this Agreement. 2. TERM: The term of this Agreement shall be one (1) year commencing on the effective date hereof. 03-1041 3. OPTION TO EXTEND: Not applicable to this Professional Services Agreement. There are no options to extend this Agreement. 4. SCOPE OF SERVICE: A. Provider agrees to provide the Services as specifically described, and under the special terms and conditions set forth in Attachment "A" hereto, which by this reference is incorporated into and made a part of this Agreement. B. Provider represents and warrants to the City that: (i) it possesses all qualifications, licenses and expertise required under the Solicitation Documents for the performance of the Services; (ii) it is not delinquent in the payment of any sums due the City, including payment of permit fees, occupational licenses, etc., nor in the performance of any obligations to the City; (iii) all personnel assigned to perform the Services are and shall be, at all times during the term herwi, fully qualified and trained to perform the tasks assigned to each; and (iv) the Services will be performed in the manner described in Attachment "A". 5. COMPENSATION: A. The amount of compensation payable by the City to Provider shall be based on the rates and sc_,_;uules described in Attache:. is "B" hereto, which by thi, reference is incorporated into this Agreement; provides'.. however, that in no even; shall the amount of comp`nsation exceed $320,000 in the absence of a duly executed amendment to this Agreement. The City shall have no liability for payment of any compensation beyond the limitations expressed in this Section. B. Unless otherwise specifically provided in Attachment "B", payment shall be made within forty-five (45) days after receipt of Provider's invoice, which shall be accompanied by sufficient supporting documentation and contain sufficient detail, to allow a proper audit of expenditure . -,i3OLl1Cl City require one to performed. If Provider is ifflded to reimbursement ;3i— 109 &K -03t)07 i 3 -External Auditing PSA 2003 Final Kevised l Year.&& 7 of travel expenses [i.e. Attachment `B" includes travel expenses as a specific item of compensation], then all bills for travel expenses shall be submitted in accordance with Section 112.061, Florida Statutes.]. 6. OWNERSHIP OF DOCUMENTS: Except for Provider's work papers or internal administrative records, which shall remain the property of Provider, Provider understands and agrees that any information, document, report or any other material whatsoever which is given by the City to Provider or which is otherwise obtained or prepared by Provider pursuant to or under the terms of this Agreement is and shall at all times remain the property of the City. Provider agrees not to use any such information, document, report or material for any other purpose whatsoever without the written consent of the City Manager, which may be withheld or conditioned by the City in its sole and subjective discretion. 7. AUDIT AND INSPECTION RIGHTS: A. The City may, at reasonable times, and for a period of up to three (3) years following the date of final payment by the City to Provider under this Agreement, audit , or cause to be audited, those books and records of Provider which are related to Provider's performance under this Agreement. Provider agrees to maintain all such books and records at its principal place of business for a period of three (3) years after final payment is made under this Agreement. B. The City may, at reasonable times during the term hereof, inspect Provider's facilities and perform such tests, as the City deems reasonably necessary, to determine whether the goods or services required to be provided by Provider under this Agreement conform to the terms hereof and/or the terms of the Solicitation Documents, if applicable. Provider shall make available to the City all reasonable facilities and assisti Lice to facilitate the performance of tests &K -0300713 -External Auditing PSA 2003 Final Revised I Year.doc3 "� 10 41 or inspections by City representatives. All tests and inspections shall be subject to, and made in accordance with, the applicable provisions of Chapter 18 of the Code of the City of Miami, Florida, as it may be amended or supplemented, from time to time. 8. AWARD OF AGREEMENT: Provider represents and warrants to the City that it has not employed or retained any person or company employed by the City to solicit or secure this Agreement and that it has not offered to pay, paid, or agreed to pay any person any fee, commission, percentage, brokerage fee, or gift of any kind contingent upon or in connection with, the award of this Agreement. 9. PUBLIC RECORDS: Provider understands that the public shall have access, at all reasonable times, to all documents and information pertaining to City contracts, subject to the provisions of Chapter 119, Florida Statutes, and agrees to allow access by the City and the public to all documents subject to disclosure under applicable law. Provider's failure or refusal to comply with the provisions of this Section shall result in the immediate cancellation of this Agreement by the City. 10. COMPLIANCE WITH FEDERAL, STATE AND LOCAL LAWS: Provider understands that agreements between private entities and local governments are subject to certain laws and regulations, including lay\ , ,-)ertaining to public recorus, conflict of interest, record keeping, etc. City and Provider agree to comply with and observe all applicable laws, codes and ordinances as they may be amended from time to time. 11. INDEMNIFICATION: Provider shall indemnify, defend, save and hold harmless the City and its officials, employees and agents individually and collectively (collectively referred to as "Indemnitees") from and against all loss, costs, penalties, fines, damages, claims, expenses (including attorney's fees) or liat,Ilities (collectively referred .n as "Liabilities") by d:K-0300713-External Auditing PSA 2003 Final Revised I Ycai—oc 4 )3-1042 reason of any injury to or death of any person or damage to or destruction or loss of any property arising out of, resulting from, or in connection with (i) the performance or non-performance of the services contemplated by this Agreement which is or is alleged to be directly or indirectly caused, in whole or in part, by any act, omission, default or negligence (whether active or passive) of Provider or its employees, �igents or subcontractors (collectively referred to as "Provider"); or (ii) the failure of the Provider to comply with any of the paragraphs herein or the failure of the Provider to conform to statutes, ordinances, or other regulations or requirements of any governmental authority, federal or state, in connection V idl the performance of this Agreement. Provider expressly agrees to indemnify and hold harmless the Indemnitees, individually and collectively, from and against all liabilities which may be asserted by an employee or former employee of Provider, or any of its subcontractors, as provided above, for which the Provider's .:anility to such employee or former employee would othciwise be limited to payments under state Workers' Compensation or similar laws. This Tndemnification provision shall control over the Indemnification provision in the RFP and shall survive the termination or the expiration of this Agreement for the limitations period prescribed by Florida law. This Indemn ._,,,,ion provision shall obt, LIU the Provider to defend ;ai its own expense) to al.. through appellate, supplemental or bankruptcy proceedincys, or to provide for such defense, at the City Attorney's option, any and all claims of liability and all suits and actions of every name and description covered by this Section 11, which may be brought against the City whether performed by Providei , of persons employed or util,..�d by the Provider. 12. DEFAULT: If Provider fails to comply with any term or condition of this Agreement, or fails to perform any of its obligations hereunder, then Provider shall be in default. Prior to termination of this Agreement for default, the City shall notifv the Provider in writing of its d:K-0300713-External Auditing PSA 2003 Final Revised i Year.doc 5 -A 10 42 intent to terminate the Agreement for default, identify the alleged deficiencies in performance giving rise to the intent to terminate, and shall give the Provider thirty (30) days to cure such deficiencies. Upon the occurrence of a default hereunder the City, in addition to all remedies available to it by law, may following thirty (30) days from the date of the written notice to Provider, terminate this Agreement whereupon all payment:., advances, or other compensation paid by the City to Provider while Provider was in default shall be immediately returned to the City. Provider understands and agrees that termination of this Agreement under this Section shall not release Provider frond any obligation accruing prim- to the effective date of termination. Should Provider be unable or unwilling to commence to perform the Services within the time provided or contemplated herein, then, in addition to the foregoing, Provider shall be liable to the City for all expenses incurred by the City in preparation and negotiation of this Agreement, as well as all wts and expenses incurreu uy the City in the re -pros Urement of the Services, including consequential and incidental damages. 13. RESOLUTION OF CONTRACT DISPUTES: Provider understands and agrees that all disputes between Provider and the City based upon an alleged violation of the terms of this .greement by the City sh. , be submitted to the City -onager for his/her resolute—. , prior to Provider being entitled to seek judicial relief in connection therewith. Tn the event that the amount of compensation hereunder exceeds $25,000, the City Manager's decision shall be approved or disapproved by the City Commission. Provider shall not be entitled to seek judicial relief unless, Vii) it has first received C -) Manager's written decision, approved by the City Commission if the amount of compensation hereunder exceeds $25,000; or (ii) a period of sixty (60) days has expired, after submitting to the City Manager a detailed statement of the dispute, accompanied by all supporting documentation (90 days if City Manager's decision is subject to &K -0300713 -External Auditing PSA 2003 Final Revised I Year.da: 6 13 —10 4 2 City Commission approval); or (iii) City has waived compliance with the procedure set forth in this Section by written instruments, signed by the City Manager. 14. CITY'S TERMINATION RIGHTS: A. The City shall have the right to termiu�Oc this Agreement, in its sole discretion, at any time, by giving written notice to Provider at least five (5) business days prior to the effective date of such termination. In such event, the City shall pay to Provider compensation for services rendered and expenses incurred prior to the effective date of termination. In io event shall the City be liable to Provider for any additional compensation, other than that provided herein, or for any consequential or incidental damages. B. The City shall have the right to terminate this Agreement, without notice to Proviuer, upon the occurrence of in event of default hereunder which, in the opinion of the City Commission or City Manager, is of sufficient gravity that it is necessary to protect the interests of public health, safety or general welfare. In such event, the City shall not be obligated to pay any amounts to Provider and Provider shall reimburse to the City all amounts received while Provider was in default undo. .leis Agreement. 15. INSURANCE: Provide;- -,hall, at all times during th- term hereof, maintain such insurance coverage as may be required by the City. All such insurance, including renewals, shall be subject to the approval of the City for adequacy of protection and evidence of such coverage shale ue furbished to the City on Lurtiticates of Insurance indic.�,ulg such insurance to be in force and effect and providing that it will not be canceled during the performance of the services under this contract without thirty (30) calendar days prior written notice to the City. Completed Certificates of Insurance shall be filed with the City prior to the poi-formance of services &K -0300713 -External Auditing PSA 2003 Final Revised 1 Year.dcx 7 "j 3 — 1042 hereunder, provided, however, that Provider shall at any time upon request file duplicate copies of the policies of such insurance with the City. If, in the judgment of the City, prevailing conditions warrant the provision by Provider of additional liability insurance coverage or coverage which is different in kind, the City reserves the right to require the provision by Provider of an amount of coverage different from the amounts or kind previously required and shall afford written notice of such change in requirements thirty (30) days prior to the date on which the requirements shall take effect. Should the Provider fail or refuse to satisfy the requirement of ch�inged coverage within thirty (30) days following the City's written notice, this Contract shall be considered terminated on the date that the required change in policy coverage would otherwise take effect. All references to the City in Section 15 shall mean the City of Miami Risk Management Administrator. 16. NONDISCRIMINATION: Provider represents and warrants to the City that Provider does not and will not engage in discriminatory practices and that there shall be no discrimination in connection with Provider's performance under this Agreement on account of race, color, sex, religion, age, handicap, marital status or national origin. Provider further covenants that no otherwise qualified individual shall, solely by reason of his/her race, color, sex, religion, agc, handicap, marital status or national origin, be excluded t, om participation in, be denied services, or be subject to discrimination under any provision of this Agreement. 17. MINORITY AND WOMEN BUSINESS AFFAIRS AND PROCUREMENT PROGRAM: The City has established a Minority and Women Business Affairs and Procurement Program (the "MIWBE Program") designed to increase the volume of City procurement and contracts with Blacks, Hispanic and Women -owned businesses. The M/WBE Progrclm is found in Ordinance No 10062, a copy of which has heen delivered to, and receii-f of O.K-0300713-External Auditing PSA 2003 Final Revised l Year.dcx 8 -j3-1042 which is hereby acknowledged by Provider. Provider understands and agrees that the City shall have the right to terminate and cancel this Agreement, without notice or penalty to the City, and to eliminate Provider from consideration and participation in future City contracts if Provider, in the preparation and/or submission of the Proposal, submitted false of misleading information as to its status as Black, Hispanic and/or Women -owned business and/or the quality and/or type of Minority or Women -owned business participation. 18. ASSIGNMENT: The Provider is a certified public accounting firm and their services are considered to be unique in nature by the City. This Agreement shall not be assigned by Provider, in whole or in part, without the prior written consent of the City Commission, which may be withheld or conditioned, in the City's sole discretion. 19. NOTICES: All notices or other communications required under this Agreement shall be in writia,,, and shall be given by hanu-delivery or by registered of certified U.S. Mail, return receipt requested, addressed to the other party at the address indicated below or to such other address as a party may designate by notice given as herein provided. Notice shall be deemed given on the day on which personally delivered; or, if by mail, on the fifth day after being posted or the date of actual receli , ,vhichever is earlier. d:K-0300713-External Auditing PSA 2003 Final Revised 1 Year.doc 9 ;j3— 1042 TO PROVIDER: TO THE CITY: Scott Simpson, Finance Director Finance Department City of Miami 444 S.W. 2nd Avenue, Suite Miami, FL 33130 20. MISCELLANEOUS PROVISIONS: A. This Agreement shall be construed and enforced according to the laws of the State of Florida. Venue in any civil action between the parties shall be in Miami -Dade County, Florida. In order to expedite the resolution or conclusion of any civil action between the parties, the parties voluntarily and knowingly waive their right to demand a jury trial or to file a permissive counterclaim in any civil action between them. B. Title and paragraph headings are for conveni,.;rrt reference and are not a pale of this Agreement. C. No waiver or breach of any provision of this Agreement shall constitute a waiver of any subsequent breach of the same or any other provision hereof, and no waiver shall be effective unless , jade in writing. D. Should any provis- )n, paragraph, sentence, \N -)rd or phrase contained in 'his Agreement be determined by a court of competent jurisdiction to be invalid, illegal or otherwise unenforceable under the laws of the State of Florida or the City of Miami, such provision, Imiagraph, sentence, word or phrase shall be deemed modi,icci to the extent necessary i1, order to conform with such laws, or if not modifiable, then same shall be deemed severable, and in either event, the remaining terms and provisions of this Agreement shall remain unmodified and in full force and cifect. 93-1042 &K -0300713 -External Auditing PSA 2003 Final Reviscd I Year.doc 10 E. This Agreement constitutes the sole and entire agreement between the parties hereto. No modification or amendment hereto shall be valid unless in writing and executed by properly authorized representatives of the parties hereto. 21. SUCCESSORS AND ASSIGNS: This Agreement shall be binding upon the parties hereto, their heirs, executors, legal representatives, successors, or assigns. 22. INDEPENDENT CONTRACTOR: Provider has been procured and is being engaged Lo provide services to the City as an independent contni; Lor, and not as an agent or employee of the City. Accordingly, Provider shall not attain, nor be entitled to, any rights or benefits under the Civil Service or Pension Ordinances of the City, nor any rights generally afforded classified or unclassified employees. Provider further understands that Florida Workers' Compensation benefits available to employees of the City are not avail tole to Provider, and agrees to provide workers' compensation insurance for any employee or agent of Provider rendering services to the City under this Agreement. 23. CONTINGENCY CLAUSE: Funding for this Agreement is contingent on the availabi-q of funds and continued L,Luuorization for program ac -,lues, and the Agreement i., subject to amendment or tcrmination due to lack of furls, reduction of funds and/o- change in regulations, upon thirty (30) days notice. 24. REAFIRMATION OF REPRESENTATIONS: Provider hereby reaffirms all of the representations contaii,, Li in the Solicitation Docun1t-�,11S. 25. ENTIRE AGREEMENT: This instrument and its attachments constitute the sole and only agreement of the parties relating to the subject matter hereof and correctly set forth the rights, duties, and obligations of each to the other as of its effective date. Any prior agreements, d:K-0300713-External Auditing PSA 2003 Final Revised I YearAm I I o)3-1042 promises, negotiations, or representations not expressly set forth in this Agreement are of no force or effect. 26. COUNTERPARTS: This Agreement may be executed in two or more counterparts, each of which shall constitute an original but all of which, when taken together, shall constitute one and the same Agreement. 27. SPECIAL INSURANCE AND INDEMNIFICATION RIDER: Please initial if applicable: ❑ ❑ IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their respective officials thereunto duly authorized, this the day and year above written. )�ejt u & U-&% IS ro-5o Jt y klt L-11 tL gym_ . ATTEST: State of Florida County of Palm Beach: K�j Print Name: Melanie Rich Notary Public """""• MELANIE RICH N,+Pry Public - state of Florida My ;nosteonF Oct28,2005 WIFCommission # DD050640 Bonded 0 National Notary Asan. "Provider" KPMG LLP, a Limited Liability Partnership By:� Print Name: Kenneth Deon Partner d:K-0300713-External Auditing PSA 2003 Final Revised I Year.doc.dT2 -% 3 — 1 0 4 r N ATTEST: "City" CITY OF MIAMI, a municipal corporation By: Priscilla A. Thompson, City Clerk Joe Arriola, City Manager ^ PPROVED AS TO FORD, T� CORRECTNESS: ALEJANDRO VILARELLO City Attorney APPROVED AS TO INSURA �E RE UIREMENTS: � PPROWED o Risk Management d: K -0300713 -External Auditing PSA 2003 Final Revised l Year.doc 13 )3-1042 ATTACHMENT A — Scope of Work A. Audit shall be performed in compliance within the requirements of: 1) Chapter 79-589 and any other applicable Florida Statutes 2) Regulations of the State of Florida Department of Banking and Finance 3) Rules of the Auditor General, State of Florida, Chapter 10-550 (Local Government Audits) and Chapter 10-600 (Audits of state grants and aids appropriations under Section 216.349 Florida Statutes). 4) Audits of State and Local Government Units, issued by the American Institute of Certified Public Accountants 5) OMB Circular A-133, Audits of States, Local Governments and Non-PI-ofit Organizations, Office of Management and Budget 6) United S?ates Single Audit Act of 194 7) United States Single Audit Act Amendments of 1996 8) State of Florida Single Audit Act 9) Statements on Auditing Standards (GAAS) 10) Government Auditing Standards, issued by the Comptroller General of the United States 11) Generally accepted governmental accounting standards 12) Any other applicable federal, state, local regulations or professional guidance not specifically listed above as well as any additional requirements, which may be adopted by these organizations in the future. B. The City expects the auditor to express an opinion on the fair presentation of its basic financial statements in conformity with applicable generally accepted accounting principles. The auditor is to also to provide an opinion on the combining and individual fund statements. The auditor is not required to audit the required supplementary information or the statistical sections contained in the CAFR. C. The audit shall be an annual audit as defined in section 11.45 (1)(b), Florida Statutes, and shall be con. J in accordance with g� illy accepted auditing st. ..:Js as well as the standards listed above. D. A Single Audit in accordance with the Federal and State Single Audit Acts and related professional guidance shall be conducted as required. The auditor shall provide the City with any required letters and schedules related to this audit. E. The audit shall also include a review of the financial report provided to the Department of ';inking and Finance to as. consistency with the CA. " F. A final and complete opinion letter on the financial statements taken as a whole as well as any additional letters required by the United States or State of Florida Single Audit Act shall be delivered to the City no later than March Vt following the end of the fiscal year under audit. These letters shall be included in the Comprehensive Annual Financial Report by the City. G. The auditor '-all submit, not later than ` �'lrch ls` following the end , r !fie fiscal year under audit, a ful and complete manageme;:i letter which shall idents y any management ;;l3-1042 1of> weaknesses observed, assess their effect on financial management and propose steps to correct or eliminate those weaknesses. It is the City's intent that all fieldwork related to the audit shall be completed by February I" following the end of the fiscal year under audit. H. The auditor shall provide the City with sufficient letterhead to print 300 original copies of all required letters for the Comprehensive Annual Financial Report. I. The partner in charge of the audit and the audit manager or other CPA assigned to the audit agrees to communicate with City Manager or designee, the Audit Advisory Committee, or the City Commission, as deemed necessary. J. The auditor shall as,;ist the City in preparing the Comprehensive Annual Financial Report. The City shall retain ultimate responsibility for preparation of this document, however, the auditor shall provide the following assistance: a. Proof reading of entire document b. Verification of implementation of recommended improvements from prior year submission to GFOA under the Certificate of Achievement program. C. Shall review applications for annual Certificate of Achievement for Excellence in Financial Reporting. d. Overall review including layout, design, and suggested improvements. K. Timeliness is critical in the performance of the audit. The auditor should coordinate with the Finance Director .,.,d endeavor to accomplish audit in a phased in app..,.,,;h throughout the year in order to reduce the year-end workload on both the audit firm and City staff. The City will make necessary records available to the auditor through the year to assist in this regard. In addition, the City will make end -of -year records available to the auditor on or before November 15`h after the end of the fiscal year under audit. L. The auditor shall report to the City, at least weekly, the status of any potential audit adjustments so that the City may have adequate opportunity to investigate, gather in --tion and respond if nec( ark. Final audit adjustmen, hall be submitted to the no later than February I" following the end of the fiscal year under audit. M. The City may issue our or more official statements for the sale of bonds during the term of the Contract. The official statement will contain the general-purpose financial statements or an extraction from the CAFR. The auditor shall be required to issue, upon request, "comfort lettcis" and other documents necc,,ary to issue the bonds. Un«ss significant additional st�,�l time is required of the auditor, fees for such requests made by the City of Miami shall be included in the l:. ­p fee submitted by Proposc N. The workpapers are the property of the auditors and shall be held locally for a period of five years. Workpapers shall be available for examination or duplication without charge to authorized City personnel, representatives of Federal or State Agencies upon request of that Agency or the City of Miami in accordance with Federal Law, State Law and other regulations. W irking papers will also be m�.Je available for examination, :it no charge, or duplication, ,it a reap„:uibie charge, to subsequent .auditor, engaged by the City - 2of3 ;13-10 42 O. The auditors agree to notify the City immediately if any regulatory or other government agency request a review of the audit workpapers concerning the City or any other government client audited by the audit firm. P. The auditor agrees to notify the City immediately should any disciplinary actions be taken or complaints filed with any regulatory bodies against any of the firm's staff or the firm itself. Q. The auditor must designate two (2) "key" members of the audit team. The City shall reserve the right to approve any substitutions or changes in those staff designated as "key". R. Auditor shall provide the City with a copy of each external quality control review (peer review) conducted during the time period engaged by the City. In the event that a firm has been formed so recerr,' that no peer reviews have been undertaken, the Propos-! should state so in the response to !he RFP. If available, the Proposer may submit peer reviews from any predecessor firms, however, a newly formed firm will not be eliminated from the proposal process simply because no peer reviews have been conducted in the new firm's name. S. The City implemented GASB No. 34 for the fiscal year ended September 30, 2002. The City will require the auditor's assistance to comply with these reporting requirements. The auditor will be required to provide technical advice and provide reasonable assistance as requested as part of the contract. T. The firm must agree to use City staff in preparation of supporting schedules, reconciliation's and document retrieval. Prior planning and explicit instruction are paramount for timely performance in this regard. The auditor shall provide the City with a list of all schedules to be prepared by the City. Finance Department staff will be available during the audit to provide information, documentation and explanation to the auditors. The firm shall be required to provide additional services, not specifically addressed above, to other City departments, . —Ticies, Boards, Trusts, etc. ',- may, from time to time, —mre auditing services. Services may be contracted with that entity(s) at time of need, and a separate Contract executed for provision of said services. 3of3 *93-1042 ATTACHMENT B — Fees for Services LJ Fees for Services Fee Schedule Our fees involve a substantial investment by KPMG in our relationship with the City. We trust that our fees demonstrate KPMG's sincere interest in contributing to the City's long-term success. The following represents our fee schedule for the September 30, 2003, 2004 and 2005 audits: 2003 Partner $300 150 $45,000 Senior Manager 250 80 20,000 Manager 200 180 36,000 Senior 175 950 166,250 Staff 125 1,200 150,000 Total 417,250 Less Additional Discount 97,250 Proposed Fee $320,000 2004 Partner $300 120 $36,000 Senior Manager 250 50 12.500 \Sanaaer 200 170 f)O Senior 175 950 166.250 Staff 125 1,100 137,500 Total 186,250 Less Additional Discount 56,250 Proposed Fee 5330,000 2005 Partner $320 120 $38,400 Senior Manager 270 50 13,500 Manager 220 190 41,800 Senior 200 900 180,000 Staff 1.10 1,100 154,000 Total 427,700 Less additional discount 87,700 Proposed Fee _ 340,000 For addition work to be performed, we propose a single hourly rate of $220, based on the staff compositic noted above. on -104? CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable M or and Members DATE :ALIG 2 9 FILE of th`e\City C Sion ` SUBJECT: Approving the Findings of the Evaluation Committee for RFP #02-03-180 FROM: Joe,,Arriola REFERENCES: City Manager ENCLOSURES: RECOMMENDATION It is respectfully recommended that the City Commission approve the findings of the Evaluation Committee for Request for Proposal (RFP) No. 02-03-180 for External Auditing Services; and to authorize the City Manager to enter into negotiations with the recommended firms in rank order. BACKGROUND On July 25, 2003, RFP No. 02-03-180 was issued with responses due to the Office of the City Clerk by August 14, 2003. Three (3) proposals were received, and three (3) proposals were found to be responsive and in accordance with the terms set by the RFP. Proposals received were mailed out to the RFP Evaluation Committee members on August 15, 2003 for review. One meeting (August 26, 2003) was held by the RFP Evaluation Committee to review and evaluate the proposals. The firms were evaluated based on the Proposer's a) Qualifications and Experience; b) Ability and Capability to Perform Required Services; c) Fees for Services; ) Minority/Women Participation; and e) Local Preference. The findings of the committee in rank order, are as follows: KPMG, LLP, Ernst & Young, LLP, and Rachlin Cohen & Holtz, LLP. It is the recommendation of the Evaluation Committee that the City Manager negotiate with the highest ranked firm, and in the event negotiations are not successful, proceed to negotiate with the second ranked firm. In the event negotiations are not successful with the second ranked firm, proceed to negotiate with the third ranked firm. If negotiations are unsuccessful, then the committee recommends that a new RFP be issued for external aain -ces.J/DG i3-1042 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Glenn MarcosDATE : AUG 2 7 2003 FILE Department of Purchasing SUBJECT: procurement of External Auditing Services Scott Simpson�oa FROM: Director of Fin REFERENCES : ENCLOSURES: The Department of Finance has verified that funding is available to procure the services of KPMG, LLP for $ 320,000 from Account Code 001000.260201.6.280. The procurement of the external auditing will be for KPMG, LLP to perform an audit of the City's results of operation for Fiscal Year 2003. Budget Approval: SS/ss S ri g, ire t /Designee Date City Of ll WW U111108 - 46110" E3-2-77-03 *AWJMOls3§75 [pct is c---4 ?,M4 { r11��Y18111111111INKAIN UD 10100 - D201.6 . X80 �,�rtcitn S bu�Se� %Adfied by: SIGNATURE 93-1042 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: DATE : FILE . Joe' Arriola City Manager SUBJECT: Approval of Evaluation Committee For RFP 02-03-180: Auditing FROM: / REFERENCESServlces Scott Simpson �°`_ Finance Direct ENCLOSURES: I am requesting your approval to appoint the following individuals to the Evaluation Committee to evaluate proposals received for External Auditing Services, RFP 02-03-180. Name Organization Carlos Garcia, Finance Director, City of Hollywood, Florida Catherine Graham, Finance Director, City of Oakland Park, Florida Victor Igwe, Auditor General, City of Miami, Florida Kenneth Meyers, Partner, Squire, Sanders & Dempsey Willis Patterson, Assistant Controller, Miami -Dade County, Florida Alternates: Don Nelson, Finance Director, City of Coral Gables, Florida Candis Trusty, Partner, Markowitz, Davis, Ringle & Trusty, P.A. Scott Simpson, Finance Director, City of Miami, Florida If this request meets with your approval, please indicate your approval by signing below: joe Amola, t-ity manager LH/SS/ss C: Glenn N. Marcos, Director of Purchasing ;,l3-1042 MARKOWITZ, DAVIS, RINGEL & TRUSTY, P.A. ATTORNEYS AT LAW August 26, 2003 Joe Arriola City Manager TWO DATRAN CENTER, SUITE 1225 9130 SOUTH DADELAND BOULEVARD MIAMI, FLORIDA 33156-7849 TELEPHONE (305) 670-5000 FAX (305) 670-5011 W W W.MDRTLAW.COM Subject: External Auditing Services Evaluation Committee Recommendation This memorandum serves to provide the recommendation of the Evaluation Committee for Request for Proposal (RFP) No. 02-03-180 for External Auditing Services. On August 26, 2003, the Evaluation Committee comprised of Catherine Graham, City of Oakland Park, Carlos Garcia, City of Hollywood, Victor Igwe, City of Miami, Willis Patterson, Miami -Dade County, and myself met and reviewed the three (3) proposals that were received and deemed responsive. The proposals were evaluated based on the Proposer's a) Qualifications and Experience; b) Ability and Capability to Perform Required Services; c) Fees for Services; and d) Local Preference. The results of the Committee's findings in order of results from the firm with the highest point awarded to the least are as follows: 1. KPMG, LLP 2. Ernst & Young, LLP 3. Rachlin Cohen & Holtz, LLP It is the recommendation of the Evaluation Committee that the City negotiate with the highest ranked firm, and in the event negotiations are not successful, proceed to negotiate with the second ranked firm. In the event negotiations are not successful with the second ranked firm, proceed to negotiate with the third ranked firm. If negotiations are unsuccessful, then the committee recommends that a new RFP be issued for external auditing services. Should you have any questions regarding the findings of the Evaluation Committee, please feel free to contact me at (305) 670-5000, or Ms. Pamela E. Bums, Sr. Procurement Officer at (305) 416- 1905. Very truly yours, Candis Trus. }� E Approved: `7 e �'"� Date JJoe d�rriola, City Manager � si3-102 ACCEPTANCE OF CITY MANAGER AND EVALUATION COMMITTEE'S RECOMMENDATION RFP NO. 02-03-180 ITEM: External Auditing Services DEPARTMENT: Finance TYPE: Contract REASON: It is recommended that KPMG, LLP, the top ranked firm, provide external auditing services for the Department of Finance, for a period of three (3) years, in an amount not to exceed $320,000 in the first year, $330,000 in the second year, and $340,000 in the third year, with the option to renew for three (3) additional one-year periods, at a negotiated rate not to exceed 25% of the third year amount; authorizing the City Manager- to execute a Professional Services Agreement, in a form acceptable to the City Attorney; allocating funds therefor from Account Code No. 001000- 260201.6.280. Director of Purchasing iz/o'J D to �A-1042