Reso 2016-2532 - Laserfiche WebLink

Home Browse Search

RESOLUTION NO. 2016- 2532 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, ESTABLISHING A RANKING OF FIRMS TO PERFORM AUDITING SERVICES; AUTHORIZING THE AUDIT COMMITTEE TO NEGOTIATE AND ENTER INTO AN AGREEMENT WITH THE SUCCESSFUL FIRM, PROVIDING SAID AGREEMENT IS APPROVED BY THE CITY ATTORNEY AS TO FORM AND LEGAL SUFFICIENCY; AUTHORIZING THE CITY MANAGER AND CITY ATTORNEY TO DO ALL THINGS NECESSARY TO CARRY OUT THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Section 4.10 of the Sunny Isles Beach Charter ("Charter") requires an independent audit of the City accounts on at least an annual basis; and WHEREAS, Keefe, McCullough & Co., LLP has provided professional auditing services for the City, wherein the current agreement with them expired upon completion of the audit for Fiscal Year 2014/2015; and WHEREAS, in accordance with industry best practices as established by the Government Finance Officers Association (GFOA), the City issued Request for Proposals No. 15-12-01 for Professional Audit Services, for which seven (7) responses were received; and WHEREAS, the Audit Committee composed of the City Manager, the Finance Director, and the Assistant Finance Director, reviewed all the proposals received, and recommends that the top three ranked firms, based on the firms' experience and qualifications, be: 1. Moore, Stephens, Lovelace CPAs Base Bid Amount Year 1: $40,500.00 Base Bid Amount Year 2: $40,500.00 Base Bid Amount Year 3: $40,500.00 2. Grau & Associates CPAs Base Bid Amount Year 1: $35.000.00 Base Bid Amount Year 2: $35.700.00 Base Bid Amount Year 3: $36.400.00 3. Marcum LLP Base Bid Amount Year 1: $55,894.00 Base Bid Amount Year 2: $57,570.00 Base Bid Amount Year 3: $59,297.00 R2016-Audit Srvs Ranking Cpa Firms Page 1 of 3