Loading...
HomeMy WebLinkAbout08. 21-502OCTOBER 12, 2021 21-502 RESOLUTION (CARRIED ___6-0______ LOST _____ LAID OVER ________WITHDRAWN ________) PURPOSE: APPROVE PROFESSIONAL SERVICES AGREEMENT WITH KERBER ROSE FOR AUDITING SERVICES ($164,025.00) INITIATED BY: FINANCE DEPARTMENT WHEREAS, the City of Oshkosh solicited proposals from qualified public accounting firms to audit its financial statements and provide accounting advice for the years 2021 through 2023 with the possibility of extending the auditing services to 2024 and 2025; and WHEREAS, five proposals were received; and WHEREAS, Kerber Rose best met the RFP criteria and provided the best match of services and tools to meet the city’s needs. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper City officials are hereby authorized to enter into and take those steps necessary to implement an appropriate professional services agreement with Kerber Rose for auditing services and accounting advice in the amount of one hundred sixty-four thousand twenty-five dollars $164,025.00. Money for this purpose is hereby appropriated from: Acct. No. 0100-0140-6414-00000 Independent Audit – Auditing Finance Department City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5005 http://www.ci.oshkosh.wi.us TO: Honorable Mayor and Members of the Common Council FROM: Russ Van Gompel, Director of Finance DATE: October 7, 2021 RE: Approve Professional Services Agreement with Kerber Rose for Auditing Services ($164,025) BACKGROUND The City of Oshkosh solicited proposals from qualified public accounting firms to audit its financial statements and provide accounting advice for the years 2021 through 2023 with the possibility of extending the auditing services to 2024 and 2025. To meet the requirements of this request for proposal, the audit shall be performed in accordance with generally accepted auditing standards as set forth by the American Institute of Certified Public Accountants, in conformance with the statements issued by the Government Accounting Standards Board (GASB), the standards for financial audits set forth in the U.S. General Accounting Office’s Government Auditing Standards (1988), the provisions of U.S. Office of Management and Budget (OMB) Circular A-133, Audits of State and Local Governments, the State Single Audit Guidelines issued by the Wisconsin Department of Administration and Wisconsin Administrative Rule-Tax 16. These audit guides are amended or totally revised from time to time by the respective state, federal or governing agency. ANALYSIS The RFP was due September 28, 2021. Five proposals were received from the following firms: Baker Tilly US, LLC, BerganKDV, LTD, Clifton Larson Allen, LLP, KerberRose, S.C., and Wipfli LLP. A staff committee evaluated the proposals against the RFP’s stated criteria which included technical requirements, implementation strategy and timelines, demonstrated performance of proposed services elsewhere, demonstrated expertise of resources to address the scope of services, timeliness and professionalism of on-going support, and cost and quality of services. Based on this evaluation review, the evaluation committee concluded KerberRose best met the RFP criteria and provided the best match of services and tools to meet the city’s needs. Finance Department City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5005 http://www.ci.oshkosh.wi.us FISCAL IMPACT The cost for Kerber Rose to complete the 2021 auditing services and reporting is $63,075 which is approximately a 5.1% increase over the 2020 audit costs of approximately $60,000. The anticipated increase for 2022 audit is 2.48% and 2023 audit is 2.56%. The General Fund portion of this service will continue to be charged to A/N#: 0100-0140-6414-00000 (Independent Audit – Auditing) RECOMMENDATION Chapter 12 of the Municipal Code of the City of Oshkosh provides that professional services of a specialized nature, including architectural services, may be procured without the use of competitive bidding or quotation process. In accordance with Section 12-16 of the Code, and because this agreement is in excess of $75,000 over the three year contract, staff recommends that the Common Council award this three year auditing services agreement to KerberRose, 4211 N. Lighting Drive, Appleton WI 54913 for $164,025 for the 2021, 2022 and 2023 fiscal years with the option to extend it to include the 2024 and 2025 fiscal years. Respectfully Submitted, Approved: Russ Van Gompel Mark A. Rohloff Director of Finance City Manager