TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Approve the Second Amendment to Agreement No. 2018-63, with Mauldin and Jenkins, LLC., Modifying the Fee of the Total Fiscal Year-Ending 2022 Basic Audit and the Total Fiscal Year-Ending 2022 Fee Per Single Audit for Each Major Program Required, and to Authorize the City Manager to Approve all Future Renewals.
Recommended Action
Approve the Second Amendment to Agreement No. 2018-63, with Mauldin and Jenkins, LLC., modifying the fee of the total fiscal year-ending 2022 basic audit and the total fiscal year-ending 2022 fee per single audit for each major program required, and to authorize the City Manager to approve all future renewals.
Background Information
In accordance with Section 218.391, Florida Statutes, the City passed Ordinance No. 2014-04 establishing an Audit Committee. The purpose of the Audit Committee was to issue a Request for Proposal (RFP) for independent auditing services and then the subsequent ranking of the submittals which are received. Request for Proposal No. 2018-63 was issued on August 3, 2018. Five (5) proposals were received from qualified financial auditing firms. The proposals were evaluated and ranked by the Audit Committee on September 10, 2018. The Audit Committee recommended award to Mauldin and Jenkins, LLC as the top ranked and most qualified firm meeting the specifications of the City.
The initial Agreement was for financial auditing services for Fiscal Years ending 2018 through 2022 in accordance with the prices, terms and conditions provided. The First Amendment to Agreement 2018-63 added a renewal term of two additional two-year terms that was contained in the advertised solicitation and agenda item but was left out of the original Agreement.
Due to current inflationary pressures, Mauldin & Jenkins, LLC is requesting a fee increase for the basic audit/single audit for the Fiscal Year e...
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