HomeMy WebLinkAbout1995-01-24 - AGENDA REPORTS - EXTENSION CONTR AUDIT SERVICES (2)AGENDA REPORT
City Manager Approva
Item to be presented by:
S
Steve Stark /
CONSENT CALENDAR
DATE: January 24, 1995
SUBJECT: Extension of Contract for Audit Services
DEPARTMENT: Finance
In June 1992, the Finance Department completed the Request for Proposal process relating to the
selection of an accounting firm to perform the City's audit services. Subsequently, at its July 14,
1992 meeting, City Council awarded a contract for audit services to Diehl, Evans and Company for
a period of three fiscal years (FYE's 6/30/92, 6/30/93 and 6/30/94) with an option to extend for two
additional fiscal years. Over the last three fiscal years, Diehl, Evans and Company has performed
an excellent job in the completion of the City's audit requirements.
Currently, the City has the opportunity to exercise its option to extend the audit services contract
with Diehl, Evans and Company for an additional two fiscal years. Per the terms of the original
agreement, fees will be based per the amounts quoted in their proposal dated June 15, 1992. For
each of the option years, the maximum fees for audit services will be $34,000 and $36,200. Funds
are currently budgeted in account #01-4600-227 for FY 94-95 services.
RECOMMENDATION
City Council authorize the City Manager to execute the City's option to extend the contract with
Diehl, Evans and Company to perform audit services for an additional two fiscal years ending June
30, 1996.
12495agn.rpt
Agenda Item:—/ -A,