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SUNNY /SL FB <br />s� City of Sunny Isles Beach <br />ti ; pn 18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />Fyf Ca9�FLO¢��p yW 1 947-066 City 1Hall <br />(305 <br />T} O! SU[1 hl\ ) 949-31103 Fax <br />MEMORANDUM <br />TO: The Honorable Mayor and City Commission <br />VIA: Christopher J. Russo, City Manager <br />FROM: Tiffany D. Neely, Finance Director <br />DATE: 2/18/2021 <br />Third Amendment to Agreement with MSL, P.A. for <br />RE: Professional Auditing Services for Fiscal Year 2020- <br />2021 <br />RECOMMENDATION: <br />Staff recommends the Commission approve the attached resolution. <br />REASONS: <br />The City has been satisfied with MSL, P.A. auditing services for the <br />past 5 years. This 3rd amendment modifies the term of the original <br />agreement to allow for additional one-year renewals and to exercise <br />the option to renew for another fiscal year. This would be the last and <br />final renewal with MSL, P.A. to perform auditing services for Fiscal <br />Year 2020-2021, in an amount not to exceed $44,450.00. <br />ADDITIONAL INFORMATION: <br />The City went out to bid in 2015 and selected MSL as its first ranked <br />firm amongst 7 proposals. A 3 -year agreement was entered into with <br />them in April 2016 to perform professional auditing services for the <br />City with an additional two options to renew. Fiscal year 2017-2018 <br />represented the last year of the 3 -year agreement and the City <br />exercised its 2nd option to renew for Fiscal year 2019-2020. Due to <br />extenuating circumstances, the City wishes to extend the term for <br />auditing services for one more fiscal year. <br />FUNDING SOURCE: <br />001-2-5130-432000-00000 - Finance Department <br />ATTACHMENTS: <br />Description <br />Resolution <br />Third Amendment <br />Item Number: 10.E. <br />