Title
ACFR, Fed Single Audit and Other Audits - Amendment (Ordinance S-49618)
Description
Request to authorize the City Manager, or his designee, to execute an amendment to Contract 145008 with Forvis, LLP, to extend the contract term. Further request to authorize the City Controller to disburse all funds related to this item. The additional expenditures will not exceed $3,230,225.
Report
Summary
This contract will provide annual audit services by external auditors as required by Phoenix City Charter and Code and other audits, as needed. The extension will provide consistency and continuity in response to changes in Governmental Accounting Standards and the continued need for ongoing accounting of American Rescue Plan Act (ARPA) funding through 2026.
Contract Term
Upon approval the contract will be extended through June 30, 2028.
Financial Impact
Upon approval of $3,230,225 in additional funds, the revised aggregate value of the contract will not exceed $6,540,965. Funds are available in various department budgets.
Concurrence/Previous Council Action
The Audit Committee:
• Recommended approval of this item on Jan. 17, 2017.
The City Council previously reviewed this request:
• Financial Audits, 145008, Ordinance S-43235 on Feb. 15, 2017;
• Financial Audits, 145008, Ordinance S-44629-0042 on June 6, 2018;
• Financial Audits, 145008, Ordinance S-44902-0063 on Aug. 29, 2018;
• Financial Audits, 145008, Ordinance S-48373 on March 22, 2022;
Department
Responsible Department
This item is submitted by City Manager Jeffrey Barton and the City Auditor Department.