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Res 10-052
Res 10-052
CITY COMMISSION REGULAR MTG
Meeting Date:
07/07/2021
Title:
Awarding audit services contract
Submitted For:
Laura Boyd
Submitted By:
Laura Boyd, Finance
Department:
Finance

Information

ACTION REQUEST (Brief Summary)

Approve and award Bid #2021-102 Auditing Services Contract.
 

BACKGROUND

Since the City has used the services of the accounting firm, Whitley Penn, for several years, management thought it prudent to issue a request for proposals for auditing services this year.  The Request for Proposals was posted in the Galveston Daily News newspaper on May 18, 2021 and May 25, 2021.

Proposals were due back to the City on Tuesday, June 29, 2021 at 2:00 p.m.

This contract will begin July 12, 2021 and extend through July 11, 2027.

ANALYSIS

Qualified proposals were received from the following companies:
Whitley Penn
Pattillo, Brown & Hill
Carr, Riggs & Ingram
Belt Harris Pechacek, LLLP

Proposals were evaluated on the firms' past experience, quality of professional and support staff, ability to perform additional services and provide technical support throughout the year, comprehensiveness of their audit approach, sampling, evaluation of internal controls, staffing plans for segments of the audit engagement, and cost.  

The Finance Department recommends the auditing services contract be awarded to Whitley Penn.

The fees for services for this fiscal year will be $64,975.

ALTERNATIVES CONSIDERED


Fiscal Impact

Attachments