Title
Resolution to Approve an Agreement for Auditing Services with Rehmann Robson, LLC for ($405,000.00/5 years)
Memorandum
This resolution requests approval of a five-year contract, with two optional one-year extensions, for independent auditing services with Rehmann Robson, LLC.
The attached resolution seeks approval of a professional services contract with Rehmann Robson, LLC for independent auditing services in the amount of $405,000.00 for a five-year period, on behalf of the Financial and Administrative Services unit. This agreement is presently needed because the agreement with the former independent audit firm has expired. This agreement gives the Financial and Administrative Services unit the option to renew the agreement for two additional one-year periods at a cost of $90,000.00 and $93,000.00 for fiscal years 2027 and 2028 respectively.
On April 19, 2022, the City received proposals in response to Request for Proposal (RFP) No. 22-31 from five firms. The RFP required each consultant to submit professional qualifications, past involvement with similar projects, work plan, and fee proposals. A selection committee comprised of Financial staff reviewed the proposals to determine which firms were most qualified to perform the required services. Three firms were interviewed, evaluated and scored on several criteria:
* Professional Qualifications - 25 points
* Past Involvement with Similar Projects - 25 points
* Proposed Work Plan - 20 points
* Fee Proposal - 30 Points
After reviewing and scoring the proposals, staff ranked the responding firms in the following order:
1. Rehmann Robson, LLC: $405,000
2. Maner Costerisan: $562,400
3. Yeo & Yeo, PC: $692,750
Based on the proposals and fee schedules submitted, the selection committee decided to award Rehmann Robson, LLC the Auditing Services Contract.
Rehmann Robson, LLC complies with the City's non-discrimination and living wage ordinances.
Budget/Fiscal Impact: Funds for the first year of t...
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