8I Consent 2011 0620 - Laserfiche WebLink

Home

New Contract for Audit Services Criteria Used for Selection The City received eight proposals for evaluation and conducted telephone interviews with each firm. Finance staff members conducted panel interviews with the top four firms. Criteria used in the selection process included the following; • Established public sector experience with cities comparable to San Leandro. This includes guidance and recommendations with the latest GASB pronouncements such as GASB 54 - Fund Balance Components, Enterprise Fund and Redevelopment Agency Reporting and knowledge of compliance issues (e.g. grants); • Ability to provide performance and internal control recommendations; • Ability to provide post audit consulting services; • Active involvement with policy board updates and /or professional associations; • Effective planning skills before the audit, effective communication during the audit and the ability to work with City staff, • Level of senior partner /management involvement during the audit; and • Competitive pricing and overall service quality, etc. Summary of Findings Final interviews included the following firms: Vavrinek, Trine, Day & Co.; Galina LLP; JJACPA, Inc.; and Maze and Associates. Staff recommends Maze and Associates. In addition to their extensive auditing and consulting experience with municipalities and other non - profits, the Maze and Associates practice also includes broad private sector experience in industries such as banking and commercial enterprises. The City desires a firm with both municipal and private sector experience. A firm with a high level of municipal experience will ensure that the auditors are current with municipal best practices and the latest Government Accounting Standards Board Pronouncements (GASB Policies). Maze and Associates has experience with numerous government agencies, including comparable cities such as the City of Palo Alto, the City of Alameda and the City of Livermore. These cities are similar in that they have enterprise funds, qualify for a single audit, are audited for grant compliance, and maintain redevelopment agencies. In addition, Maze and Associates offers other services such as fraud investigation, fee and user studies, performance audits, revenue enhancement assistance, and debt financing analysis. Maze and Associates' pricing was competitive and is proposed at $55,910 for the fiscal year ending 2010 -11, $56,748 and $57,599 for the fiscal years ending 2011 -12 and 2012 -13, respectively Budget Authority 010 -12- 052 -5120