Loading...
HomeMy WebLinkAboutMemo - Bayfront Park Management TrustTO: The Honorable Mayor and DATE: September 16, 2015. Members of the City Commission FROM: Timothy F. Schmand Executive Director RECOMMENDATION SUBJECT: Resolution — Authorizing the Bayfront Park Management Trust (Trust) to negotiate and execute a Professional Services Agreement for external auditing services with Sanson Kline, Jacomino, Tandoc & Gamarra, LLP, pursuant to RFP No. 496326,1. For placement on the October 22, 2015 City Commission Agenda It is respectfully recommended that the City Commission accept the recommendation of the City Manager, approving the findings of the Bayfront Park Management Trust's External Audit Evaluation Committee (Evaluation Committee), pursuant to RFP No. 496326,1, ranking the top two auditing firms as: 1) Sanson, Kline, Jacomino, Tandoc & Gamarra LLP and (2) Keefe, McCullough & Co., LLP, and authorize the Trust to negotiate and execute a Professional Services Agreement (PSA, in substantially the attached form,) with Sanson Kline Jacomino & company, LLP, in the amount not to exceed $93,500, for the contract term of three (3) years with an option to renew for two (2) additional one-year periods. BACKGROUND The City of Miami Purchasing Department issued RFP 496326,1 on June 24, 2015, for the provision of external auditing services for the Bayfront Park Management Trust (Trust). Six (6) proposals were received by the July 14, 2015, deadline. On September 1, 2015, the Trust's Evaluation Committee held a publicly noticed meeting and finalized its evaluation. At its regularly scheduled board meeting, September 22, 2015, the Evaluation Committee recommended to the Trust, to approve the selection of the top two ranked firms: 1) Sanson, Kline, Jacomino, Tandoc & Gamarra LLP and (2) Keefe, McCullough & Co., LLP. The Trust approved the selection of the top two ranked firms and authorized the executive director to negotiate and execute a PSA with the first ranked firm and should negotiations fail then proceed to negotiate an agreement with the second ranked firm. Funds for this service are available from the Bayfront Park Management Trust Operating Budget.