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File #: 19-3513    Name: AUTHORIZATION TO RENEW AN ANNUAL AUDITING SERVICES CONTRACT WITH GRAU AND ASSOCIATES
Type: Purchasing/Contract
Body: Village Council
Agenda Date: 3/10/2020 Final action:
Title: ITEM: AUTHORIZATION TO RENEW AN ANNUAL AUDITING SERVICES CONTRACT WITH GRAU AND ASSOCIATES REQUEST: Authorization to renew an annual auditing services contract with Grau and Associates, for two years, in the amount of $76,500 (2020) and $78,500 (2021).
Attachments: 1. 1. Grau Renewal
Date Action ByActionResultVoteMeeting DetailsVideo
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ITEM:                     AUTHORIZATION TO RENEW AN ANNUAL AUDITING SERVICES CONTRACT WITH GRAU AND ASSOCIATES 

 

REQUEST:                     Authorization to renew an annual auditing services contract with Grau and Associates, for two years, in the amount of $76,500 (2020) and $78,500 (2021). 

 

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EXPLANATION:                     The Office of Financial Management and Budget utilizes a contract with Grau and Associates to provide annual auditing services.  The contract includes an examination of basic financial statements for the village and its related component, ACME Improvement District.  The audit is also conducted to ensure operations were performed in accordance with legal and regulatory requirements.

 

Pursuant to Florida Statutes Chapter 218-391 - auditor Selection Process, “written contracts entered into pursuant to subsection (7) may be renewed.  Such renewals may be done without use of the auditor selection procedures provided in FS 218.39.  Renewal of a contract shall be in writing.”

 

Grau has helped Wellington address multiple concerns effectively and continuing with the current auditor will help with finalizing the Enterprise Resource Planning (ERP) transition. 

 

Staff recommends renewing the existing contract with Grau & Associates, for two additional years, to include the annual audit for fiscal years 2020 and 2021, in an amount not to exceed $155,000. 

 

BUDGET AMENDMENT REQUIRED:                     NO

 

PUBLIC HEARING:                     NO                       QUASI-JUDICIAL:                      

 

FIRST READING:                                            SECOND READING:                      

 

LEGAL SUFFICIENCY:                     YES 

 

FISCAL IMPACT:                     Funds are budgeted in the OFMB Budget. 

 

WELLINGTON FUNDAMENTAL:                     Responsive Government 

 

RECOMMENDATION:                     Authorization to renew an annual auditing services contract with Grau and Associates, for two years, in the amount of $76,500 (2020) and $78,500 (2021).