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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />VI" PROPOSAL REQUIREMENTS <br /> <br />B.PROPOSAL <br /> <br />5. PARTNER, SUPERVISORY AND STAFF QUALIFICATIONS AND <br />EXPERIENCE (Continued) <br /> <br />Qualitv of the Staff Over the Term of the Enaaqement <br />Despite the current market, Grau & Associates has a very low turnover of <br />employees. The Engagement Partner and Audit Manager will be designated "KEY" <br />MEMBERS. We pledge to the City they will be returned to the audit each year of <br />the engagement. In the unlikely event that it does become necessary to replace any <br />of the engagement team members, we will notify the City. We understand the City's <br />right to accept or reject replacements. In addition to the engagement team members <br />proposed herein, we also have other, well-qualified professionals who stand ready to <br />serve the City's needs, if required. <br /> <br />Grau can assure the highest professional qualifications of the staff we will utilize <br />for the City's engagement. <br /> <br />In addition to our governmental focus, it is Grau's policy that all professional employees <br />earn more than the minimum CPE credits required for governmental audits. Further, <br />because we are a growing firm, we have an ongoing recruitment program that seeks <br />only those accountants with a proven record of academic success. When we recruit at <br />the senior and manager level, we select CPA's with proven governmental accounting <br />and auditing experience. <br /> <br />ComlJosition of Enaaaement Team <br />In contrast to the majority of both national <br />and local firms, Grau's proposed <br />engagement team is comprised of an <br />excelJtionallv larae lJercentaae of hiah- <br />level audit IJrofessionals. This gives us <br />the ability to auicklv recoanize problems <br />and be more efficient as a result of our <br />Team's <br />SIX DECADES of <br />governmental auditing experience. <br /> <br />Estimated <br />Percent <br />of Total Hours <br /> <br />20% <br /> <br />{Partner <br />Consultant <br /> <br />Manager <br />Senior <br />Staff <br /> <br />80% { <br />MANAGEMENT <br /> <br />30 <br />30 <br />20 <br />roo~ <br /> <br />Total <br /> <br />30% . PARTNER/CONSULTANT <br />MANAGERS <br />. SENIOR <br />STAFF <br /> <br />30% <br /> <br /> <br />...Vm <br /> <br />20% <br /> <br />80 percent of engagement is performed by MMANAGEMENT" <br />50 percent of engagement is performed by MSENIOR MANAGEMENT" <br /> <br />'Tr;~r~~if~d ~;~~~~,~,!:~ <br /> <br />16 <br />