Title
Auditing and Consulting Services - Requirements Contract - MCC 180241 D - Amendment (Ordinance S-48836)
Description
Request to authorize the City Manager, or his designee, to execute an amendment to Contract 150640 with Heinfeld, Meech, & Co, P.C. to authorize the Finance Department use of the contract. Further request to authorize the City Controller to disburse all funds related to this item. The additional expenditures will not exceed $120,000.
Report
Summary
This contract is one of several cooperative contracts previously adopted for use by the City Auditor Department for auditing and consulting services. This request will add the Finance Department as an authorized user of the contract to provide the Financial Accounting and Reporting Division external expertise for auditing financial statements for Healthcare Benefits Trust, Long Term Disability Trust (LTD), and Risk Management Trusts as required by the respective Boards and in accordance with accounting principles generally accepted in the United States.
Contract Term
The contract term remains unchanged, ending on May 31, 2024.
Financial Impact
Upon approval of $120,000 in additional funds, the revised aggregate value of the contracts will not exceed $2,474,700. Funds are available in the Finance Department’s budget.
Concurrence/Previous Council Action
The City Council previously reviewed this request:
•Auditing and Consulting Services for Regional Wireless Cooperative, Contract 150641, Ordinance S-47892, Aug. 25, 2021
•Auditing and Consulting Services for Regional Wireless Cooperative, Contract 150641, Ordinance S-47336, March 3, 2021
•Auditing and Consulting Services for Regional Wireless Cooperative, Contract 150641, Ordinance S-45691, June 5, 2019
Department
Responsible Department
This item is submitted by City Manager Jeffrey Barton and the Finance Department.