Title
Resolution to Approve a Contract with The Rehmann Group for Independent Auditing Services ($344,500.00)
Memorandum
On February 27, 2012, the City received bids for audit services in response to Request For Proposal No. 808. The four bidding firms & contract totals were:
Andrews, Hooper, Pavlik, PLLC $340,500.00
Rehmann $344,500.00
Doeren Mayhew $361,300.00
Abraham & Gaffney, P.C $387,500.00
City staff prepared a summary analysis of each of proposals received and presented it to the Council Audit Committee. Two finalists based on the staff analysis were selected for interview by the Council Audit Committee which evaluated the firms written proposals, each firm’s expertise & experience, audit approach, and fees . Total fees made up 30% of each firm’s total rating.
Based upon the evaluations of each firm and a desire to periodically change service providers, the Council Audit Committee recommends The Rehmann Group for appointment by the Mayor and City Council as the City of Ann Arbor’s independent auditor for a five (5) year commitment with an option to renew for two additional (1) year extensions, commencing with the audit of the fiscal year ending on June 30, 2012.
The Rehmann Group has current Human Rights approval.
Staff
Prepared by: Karen Lancaster, Accounting Services Manager
Reviewed by: Tom Crawford, CFO
Sponsored by: Council Audit Committee
Body
Whereas, The Mayor and City Council are required by the City Charter Section 8.15 to employ certified public accountants to conduct an independent audit of the City’s accounts;
Whereas, On February 27, 2012 the City received bids for audit services in response to Request For Proposal No. 808;
Whereas, The proposals have been evaluated by members of the City staff and after appropriate due diligence the firms were presented to the Council Audit Committee for their review of the proposals;
Whereas, Being fully apprised of the proposals, expertise & experience, audit approach, and fees of t...
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