File #: 16-192    Version: 1 Name:
Type: Action Item Status: Agenda Ready
File created: 7/21/2016 In control: Town Council Meeting
On agenda: 8/22/2016 Final action:
Title: Renewal of Annual Audit Contract with Robinson, Farmer, Cox Associates PLLC
Attachments: 1. RFP15-04FINAL

Subject:

Title

Renewal of Annual Audit Contract with Robinson, Farmer, Cox Associates PLLC

Body

EXPLANATION AND SUMMARY

 

In February 2015, the Town solicited RFP 15-04 for financial auditing services. The contract was awarded to Robinson, Farmer, Cox Associates at the April 13, 2015 Council meeting for a six-year contract with a three-year extension. Robinson, Farmer, Cox has indicated that its auditing fees for fiscal year 2016-17 to audit fiscal year 2015-16 will not exceed the budgeted amount of $55,000.

 

We request that Council authorize the expenditure for the second year of the contract.

 

Departmental Recommendation:  Renewal of annual auditing contract with Robinson, Farmer, Cox.

 

Finance Recommendation:  Recommend approval of renewal.

 

Purchasing Recommendation:  Recommend approval.

 

Town Attorney Recommendation:  The Town may renew its contract with Robinson, Farmer, Cox Associates in the discretion of Town Council.

 

Town Manager's Recommendation:  I recommend the Town Council approve the expenditure for the second year of the contract with Robinson, Farmers, Cox Associates.

 

Cost and Financing:  Not to exceed $55,000

 

Account Number:  100-102-1024-11241-43103

 

Decision Needed by This Date:  August 22, 2016

 

PROPOSED/SUGGESTED MOTION

Recommended Action

"I move to approve renewal of the annual auditing contract with Robinson, Farmer, Cox Associates PLLC in an amount not to exceed, $55,000 from the account listed above."

 

Or

 

Other action deemed necessary by Council.