Title
Consideration of and action on a request to issue a Request for Proposals for professional auditing services.
Body
Summary: Pursuant to state statute and City ordinance, the City shall have its records and accounts audited annually and shall prepare an annual financial statement and report. The audit shall be performed by a certified public accounting (CPA) firm, licensed to practice in the State of Texas. Belt Harris Pechacek, LLLP has served as the City’s auditors for the last five years beginning with the fiscal year 2013 audit and concluding with the fiscal year 2017 audit, which will be presented to City Council at the March 20, 2018 meeting. At least every five years, the request for proposal process is initiated to review and evaluate all qualified firms interested in providing these services to the City of Deer Park. At this time, following completion of the existing five-year contract term, it is necessary for the City to issue a Request for Proposals for professional auditing services. A copy of the proposed Request for Proposals is attached.
The City is requesting authorization to issue a Request for Proposals for professional auditing services for the fiscal years ending on September 30, 2018, 2019, and 2020, the initial contract term. Upon the mutual agreement of the City and the audit firm, the contract can be extended for an additional year in each of the successive years to also provide auditing services for the fiscal years ending in 2021 and 2022, for a total of five years (five-year contract period June 1, 2018 - May 31, 2023).
Fiscal/Budgetary Impact:
N/A.
Recommended action
Authorize the City to issue a Request for Proposals for professional auditing services.