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ADDENDUM #1 RFP 22-02-01 PROFESSIONAL INDEPENDENT AUDITING SERVICES
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RFP No. 22-02-01 Professional Independent Auditing Services
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ADDENDUM #1 RFP 22-02-01 PROFESSIONAL INDEPENDENT AUDITING SERVICES
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1 <br /> <br /> <br /> <br />ADDENDUM # 1 <br />DATE: MONDAY, FEBURARY 28, 2022 <br />TO: ALL PLANHOLDERS <br />FROM: FINANCE- PURCHASING DIVISION <br />RFP NO.: RFP 22-02-01 PROFESSIONAL INDEPENDENT AUDITING SERVICES <br /> <br />Please attach this addendum to the documents in your possession and include the Acknowledgement <br />of Addenda form with your response incorporated with the Invitation to Bid. <br /> <br /> Revisions: (Note: Deletions will be indicated by strikethrough, additions will be <br /> indicated with bold font) <br /> <br />Q1. Who are the members of the audit selection committee? <br />A1. Vice Mayor Jeniffer Viscarra, Norman Edelcup (citizen and former Mayor) and Lewis <br />Thaler (citizen and former Vice Mayor). <br /> <br />Q2. How many years has the City used the current auditors? <br />A2. 6 years. <br /> <br />Q3. What were the audit fees for fiscal years 2020 and 2021? <br />A3. FY20: $42,500. Allocated PO FY21: $44,450. <br /> <br />Q4. Are the current auditors performing the audit remote or on-site? <br />A4. On-site <br /> <br />Q5. For fiscal years 2019, 2020, and 2021, were there any out-of-scope fees paid to the <br />auditor? If so, what were the related services and fees? <br />A5. No. <br /> <br />Q6. Section 4.3 of the RFP shows 5 points for Cost of Services. How are these points <br />allocated? Does every vendor receive 5 points for submitting a price proposal? Is there a <br />formula? Please clarify. <br />A6. The assigning of points and formula is up to the Audit Selection committee to <br />determine. In practice, a firm with a lower cost proposal will receive the maximum # of <br />points. <br /> <br /> <br />
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