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Agenda 04/27/2010 Item #16J 4 Agenda Item No. 16J4 April 27, 2010 Page 1 of 3 Request that the Board of County Commissioners accepts the ranking of firms for RFP # 09-5270 "Annual Audit Services" and authorizes contract negotiations in accordance with statute. EXECUTIVE SUMMARY OBJECTIVE: For the Board of County Commissioners (Board) to accept the Auditing Services Selection Committee's (Committee) ranking of firms and to authorize Purchasing and a Committee designee to conduct contract negotiations on its behalf, in accordance with statute. CONSIDERATIONS: Section 218.391, Florida Statutes, establishes required procedures for the selection of an auditor to perform the annual financial audits required by Section 218.39, Florida Statutes, Pursuant to statutory procedures, an audit committee's tasks include: · Establishing factors to use for the evaluation of audit services to be provided by a certified public accounting firm duly licensed and qualified to conduct audits according to Florida Board of Accountancy standards; · Evaluating proposals provided by qualified firms; and, · Ranking and recommending in order of preference no fewer than three firms deemed to be most qualified to perform the required services. Section 218.392(4)(d) of the statute provides that the governing body may allow a designee to conduct negotiations on its behalf. Collier County Purchasing Department, along with the Committee, developed and released RFP #09-5270 "Annual Audit Services." Email notification was sent to 333 financial and accounting firms, 30 firms downloaded the solicitation documents, and seven firms submitted proposals to the County. The Committee met to review and score qualified proposals and final presentations were conducted by three (3) shortlisted firms. After review and discussion, the Auditing Services Selection Committee has ranked the following firms in order of preference: 1. Ernst & Young 2. Cherry Bekaert & Holland 3. KPMG Contracts of this nature would generally be subject to the Board's local vendor preference policy. However, pursuant to Section XI(3) of that policy, Purchasing staff is recommending that the Board waive the local preference requirement as there is not sufficient competition within the local market to perform the required services. FISCAL IMPACT: Funds of $468,190 remain in the FY2010 audit budget. Funds are budgeted annually for audit services. The total fiscal impact will be determined by the negotiation process. LEGAL CONSIDERATIONS: This item has been reviewed and approved by the County Attorney's Office and is legally sufficient for Board action-SRT. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this action. RECOMMENDATION: The Board accepts the Auditing Services Selection Committee's ranking of firms for RFP # 09-5270 "Annual Audit Services" and authorizes Purchasing and a Committee designee to conduct contract negotiations on its behalf, in accordance with statutory procedures, for subsequent Board approval. PREPARED BY: The Clerk of the Circuit Court's Finance Department Agenda Item No. 16J4 April 27, 2010 Page 2 of 3 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 16J4 Request that the Board of County Commissioners accepts the ranking of firms for RFP # 09- 5270 Annual Audit Services and authorizes contract negotiations in accordance with state statute, Meeting Date: 4/27/20109:00:00 AM Prepared By Crystal Kinzel Director of Finance Date Clerk of Courts Finance 4/7/201012:20:35 PM Approved By Scott R. Teach Deputy County Attorney County Attorney Date County Attorney 4/14/20105:01 PM Approved By Steve Carnell Director - Purchasing/General Services Date Administrative Services Division Purchasing & General Services 4/14/20105:03 PM Approved By Joanne Markiewicz Manager - Purchasing Acquisition Date Administrative Services Division Purchasing & General Services 4/15/20107:12 AM Approved By Lyn Wood Administrative Services Division Contracts Specialist Date Purchasing & General Services 4/15/20108:06 AM Approved By Leo E. Ochs, Jr. County Manager Date County Managers Office County Managers Office 4/17/20104:52 PM . Collier County Purchasing Department . RFP #09.5270 "Annual Auditing Services" Interview. Selection Committee Final Ranking Agenda Item No. 16J4 April 27, 2010 Page 3 of 3 " SELECTION COMMITTEE SHORTLlSTED RANKING FIRM 1st: Ernst and Young 2nd: Cherry Bekaert & Holland 3rd: KPMG Purchasing AgentSignature: Joanne MarkieWi~\ Date 3/11/1 0 Vendor rankings are determined by adding the rankings of attending selection committee members, totaling those rankings, and averaging the total ranking, Vendor final averages will then be ranked in ascending order (# 1 is best ranking),