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HomeMy WebLinkAboutR-95-0390J-95-349 5/11/95 95- 300 RESOLUTION NO. A RESOLUTION ACCEPTING THE RECOMMENDATION OF THE CITY OF MIAMI'S AUDIT ADVISORY COMMITTEE FOR THE MOST QUALIFIED TEAM OF CERTIFIED PUBLIC ACCOUNTING ("CPA") FIRMS PROPOSING SERVICES TO PROVIDE EXTERNAL AUDITING AND ADDITIONAL SERVICES, PURSUANT TO RFP 94-95-067, FOR THE CITY OF MIAMI; AND AUTHORIZING THE CITY MANAGER TO NEGOTIATE A CONTRACT WITH THE RECOMMENDED TEAM FORMED BY THE CPA FIRMS OF DELOITTE & TOUCHE, LLP., SHARPTON, BRUNSON & COMPANY, AND SANSON, KLINE, JACOMINO & COMPANY, FOR AN ESTIMATED TOTAL AMOUNT OF $331,200; ALLOCATING FUNDS THEREFOR FROM ACCOUNT NO. 350119-340, 260221- 340, 550108-340, 260201-280 AND 450806-280; FURTHER DIRECTING THE MIAMI AUDIT ADVISORY COMMITTEE, THROUGH THE CITY ADMINISTRATION, TO SEEK PROPOSALS TO SAID RFP FROM QUALIFIED MINORITY (FEMALE) OWNED CPA FIRMS TO JOIN THE AUDITING TEAM AND TO RECOMMEND THE MOST QUALIFIED PROPOSERS TO THE MIAMI CITY COMMISSION FOR ACCEPTANCE. WHEREAS, the City of Miami's Audit Advisory Committee ("the Committee") has been empowered, pursuant to Section 2-239.2 of the Code of the City of Miami, Florida, as amended, to seek responses from qualified independent auditors to perform annual independent auditing services for the City of Miami, and to recommend selection of external auditors to the City Commission based upon a review and analysis of such responses; and WHEREAS, the Committee, through the City Administration, distributed a Request for Proposals (RFP 95-95-067) for independent auditing services; and WHEREAS, ten (10) teams of Certified Public Accounting firms responded to said Request for Proposals; and-------- Fc,T. Y COZIG ISSION EEOorOF MAY 1 1 1,999 Resolution No, 05- 390 i WHEREAS, the Committee reviewed and analyzed the written proposals and conducted oral interviews of all proposing firms; and WHEREAS, the Committee selected and recommended the most qualified proposing team of Deloitte & Touche, LLP, with i Sharpton, Brunson & Company, Sanson, Kline, Jacomino & Company, and Watson & Company; j WHEREAS, it was subsequently determined that the minority (female) owned CPA firm of Watson & Company was not a qualified i proposer; and WHEREAS, it would be in the best interest of the City of Miami to seek additional proposals from qualified minority (female) owned CPA firms; 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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. It is hereby ascertained, determined and declared that it is in the best financial interest of the City of Miami to open negotiations with the team of certified public i accounting firms recommended by the City of Miami Audit Advisory i Committee for engagement to provide external auditing and additional services, pursuant to RFP 94-95-067 for the City of Miami, formed by the firms of Deloitte & Touche, LLP, with 1 1 i 95-- 390 CKMOIz noC 2 Sharpton, Brunson & Company, and Sanson, Kline, Jacomino & Company. Section 3. The City Manager is hereby authorized) to negotiate a contract with said team of Certified Public Accounting firms for independent auditing services and other related work such as special reports and/or reviews as stated in RFP 94-95-067, for an initial period of three years with three i additional one-year renewals at the option of the City, for an estimated amount of $331,200 for auditing services, and fees for related services to be negotiated. Section 4. The Miami Audit Advisory Committee is hereby directed, through the City Manager, to seek proposals to said RFP from qualified minority (female) owned CPA firms to join the auditing team and to recommend the most qualified proposers to the Miami City Commission for acceptance. Section 5. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 11th day of May, 1995. ��cp' � STE HEN P. CLA K, MAYOR A EST: r &—MATTY HIV_7� CITY CLERK 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. CKMOMDOC 3 9 5 390 k, PREPARED AND REVIEWED BY: RAFAEL O. DIAZ DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: A. NN J N S, III CITY ATT Y CKMOITDOC 9 95- 390 k __ May, u, 1,u1rM uiii Allu1', tyb Ur�I�+ M1AMi, rL No. U05b r. 1/h CITY OF MIAMI, FORIDA INTOR-OFFICE MEMORANDUM 57 TO : Honorable Mayor End Members *AM,. tAAY - 4 1995 FILE: of the City Conmtisszion sua,ecr : External Auditors Selection FROM : Ces io REFERENCES Cit 4®r ENCLOSUAES : It is respectfully recommended that the attached resolution be approved accepting the recommendation of the City of Miami's Audit Advisory Committee to award a contract to the below listed team of four (4) Certified Public Accounting firms, proposing earvicas as external auditors for the City of DIjami, and authorizing the City Manager to negotiate a contract with the firms recommended by the Audit Advisory Committee. The estimated annual amount of the Contract is $331,200 and funds therefore are available from Account Numbers 350119-340, 260221- 340, 550108-340, 260201-280, and 450806-280. RACEQROUNDt One of the duties astablished by the Ci4y Code for the Catty of Miami's Audit Advisory Committee (the Committee) is to seek rempanses from gval 9.t i wci independent auditors to perform external auditing services for the City and to recommend selection of the most qualified independent auditors to the City Commission based upon the review and analysio of such responses. Tho Members of the Audit Advisory Committee are as follows: Amintcd by Juan Sanchez, Chairman Mayor Clark Mary Ann David vice -mayor Plw=er Clifton Addison Commissioner Dawkins Mirth& Guerra Aguirre Commissioner Gort Arturo Jordan Commissioner De Yurre As a result of the AOque8t fur Prvpubdls sulic:itation (RFP) for independent Auditing Services ten (10) proposals were received from CPA,firms. i 9 5 - 390 6;7-/ may, 4, j J y 0 1.UI?I kiIUtNirI, Uri 1�r M1PA I , FL No, Ubbb P. 2l5 Honorable Xayor and Members of the City commission page -2- Proposals were reviewed and analyzed, and proposing firms were interviewed orally to claxify immuem . The Committee has selected tht% following team from proposing CPA firms as the most qualified for the engagement. Also indicated below are the background of the firms and the percentages of the contract recommended by the Committee. Year 1 . Al.1 nth®r years oeloitte & Touahe LLP 30% 50% (National Big -Six Firm) Sharpton, Brunson & Co. 23% 17% (Black -Owned Firm) Sanson, Flint Jacomino & Co. 171% 17% (Hispanic Owned First) Watson & company ' 10 % 16 $ (Female Owned First) IAU 1 L ThW CoMi4Lee recommends negotiating a contract with the team headed by Deloitte & Touche, LLP, for an initial three year term, with three additional one-year renewals at the City Ia option for an estimated total amount of $331,200 annually. 95- 390