AUTHORIZATION TO ENTER INTO AMENDMENT NO. 2 WITH CLIFTONLARSONALLEN FOR EXTERNAL AUDIT SERVICES
Staff Contact: Vicki Rios, Director, Budget and Finance
Purpose and Recommended Action
This is a request for City Council to authorize the City Manager to enter into Amendment No. 2 of contract #C-8574-2, an agreement with CliftonLarsonAllen, for external audit services. The amendment extends the terms of the contract for one year, ending in July 4, 2018 and increases the contract not to exceed amount by $50,000 from $475,400 to $525,400.
Background
Article VI, Section 16 requires the City of Glendale to obtain an independent annual audit of its financial statements. Specifically, Section 16 reads as follows:
Sec. 16. Independent annual audit.
Prior to the end of each fiscal year the council shall designate qualified public accountants who, as of the end of the fiscal year, shall make an independent audit of accounts and other evidences of financial transactions of the city government and shall submit their report to the council and to the city manager. This section shall not preclude the city council from executing a contract with an accounting firm for more than one year subject to annual appropriation and a maximum three-year agreement.
Such accountants shall have no personal interest, direct or indirect, in the fiscal affairs of the city government or of any of its officers. They shall not maintain any accounts or records of the city business, but, within specifications approved by the council, shall post-audit the books and documents kept by the city and any separate or subordinate accounts kept by any other office, department or agency of the city government.
In February 2013, the City issued a request for proposal (RFP) from qualified firms of certified public accountants to provide external audit services. CliftonLarsonAllen was selected as the top vendor for these services. The contract had an initial term of three (3) years with an option to rene...
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