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Agenda 07/10/2018 Item #16F707/10/2018 EXECUTIVE SUMMARY Recommendation to approve Contract #18-7387, “Annual Audit Services,” with Clifton LarsonAllen LLP for three years of auditing services in the aggregate amount of $1,071,000 and authorize execution of an audit engagement letter. ______________________________________________________________________________ OBJECTIVE: To obtain Board approval for execution of Contract #18-7387, “Annual Audit Services,” and related engagement letter, with CliftonLarsonAllen LLP in order to provide annual auditing services for the County as required by Florida Statute 218.39. CONSIDERATIONS: On June 26, 2018, Item 16(J)2, the Board approved entering into contract negotiations with CliftonLarsonAllen LLP to provide Annual Audit Services in compliance with the provisions outlined in Chapter 218.391, Florida Statutes. The result of those negotiations is memorialized in the attached Contract #18-7387, which recommends a three-year award for auditing services to CliftonLarsonAllen LLP, with two (2) one (1) year extensions available. This request begins the 2018 audit process, and includes interim audit services. The FY-2018 proposed amount of $350,000 represents a .02% (or $89) increase over the cost of the FY-2017 audit. The proposed cost for subsequent audits for the fiscal years FY-2019 and 2020 will be $357,000 and $364,000, respectively. Extension pricing, if utilized, will be indexed (+/-) to the All Urban Consumers Price Index, with a cap on annual increases of 3.00%. FISCAL IMPACT: No budget amendment is required pursuant to this action as sufficient funds are available in the Board’s General Fund, account assignment 001-103010-632100 - “Other General and Administrative Services”, for year one of this procurement. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this executive summary. LEGAL CONSIDERATIONS: This item is approved as to form and legality, and requires majority vote for Board approval. -SRT RECOMMENDATION: That the Board of County Commissioners approves Contract #18-7387 for audit services in the amount of $1,071,000 for fiscal years 2018, 2019 and 2020, authorizes the Chairman to execute the contract and authorizes the County Manager or his designee to execute the audit engagement letter. Prepared By: Derek M. Johnssen, Assistant Finance Director, Office of the Clerk of the Circuit Court ATTACHMENT(S) 1. Professional Service Agreement - 18-7387 CAO Approved (PDF) 16.F.7 Packet Pg. 2417 07/10/2018 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.7 Doc ID: 6159 Item Summary: Recommendation to approve Contract #18-7387, “Annual Audit Services,” with Clifton Larson Allen LLP for three years of auditing services in the aggregate amount of $1,071,000 and authorize execution of an audit engagement letter. Meeting Date: 07/10/2018 Prepared by: Title: Executive Secretary to County Manager – County Manager's Office Name: MaryJo Brock 07/03/2018 8:57 AM Submitted by: Title: County Manager – County Manager's Office Name: Leo E. Ochs 07/03/2018 8:57 AM Approved By: Review: Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 07/03/2018 9:13 AM Budget and Management Office Mark Isackson Additional Reviewer Completed 07/03/2018 9:18 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 07/03/2018 9:30 AM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 07/03/2018 11:01 AM Board of County Commissioners MaryJo Brock Meeting Pending 07/10/2018 9:00 AM 16.F.7 Packet Pg. 2418 16.F.7.a Packet Pg. 2419 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2420 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2421 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2422 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2423 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2424 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2425 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2426 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2427 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2428 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2429 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2430 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2431 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2432 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2433 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2434 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2435 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2436 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services) 16.F.7.a Packet Pg. 2437 Attachment: Professional Service Agreement - 18-7387 CAO Approved (6159 : Clifton Larson Annual Audit Services)