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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: . ee-6.a.f- Date: 6/24/2011 Requesting Department: Finance • Commission Meeting Date: 7/28/2011 District Impacted: N/A Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance L Discussion Item D Other Subject: External Auditing Services, RFP No. 271251 Purpose of Item: Law Department ' Matter ID No. It is respectfully requested that the City Commission authorize the City Manager, due to, the recommendation of the Audit Advisory Committee, to negotiate. and execute a professional services agreement. (PSA), in substantially the attached form, with Ernst & Young, LLP for the provision of external auditing services for various City departments; pursuant to Request For Proposals (RFP) No. 271251 for a period of one (1).year, withoption.to. renew for four (4) additional one-year periods. Allocating funds from the various sources.of funds of the user department, subject to availability and budgetary approval. Background Information: On May god, 2011, RFP No. 271251 was issued with responses due to the Office of the City Clerk by May 23rd, 2011. A total of four (4) proposals were received and deemed responsive iri accord with the terms set by the RFP. Per Section 2-950 of the City's Code, the Evaluation Committee was comprised of the City's Audit Advisory Committee and met on June 6th, 2011 for the review and evaluation of the proposals considered. The* firms were evaluated based on the Proposer's Qualifications .and Experience, Technical Qualifications and Fees for Services. Based on the same, it was the Evaluation Committee's recommendation that the City Manager negotiate and execute a professional services agreement with the top ranked firm of Ernst & Young, LLP. Should negotiations fail with the highest ranked firm, the City Manager will be authorized to negotiate and execute a PSA with the second - highest ranked firm, Crowe Horwath, LLP. Budget Impact Analysis NO Is this' item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. -General Account No: C 00001.160000.532000.0.0 Special Revenue Account No: CIP Project No: ' NO ' Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: $0.00 Maintenance Cost: $0.00 Total Fiscal Impact: $0.00 -Final Approvals ?SIGN AND DATE) • CIP Budget 1fuBirEOF ccciJ.iriQ ca�iital`fun 13 Grants Risk Management Purchasing' id�� 0 n � � ept. Director, Chief City, M nagpi