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MINUTES RFP PROFESSIONAL INDEPENDENT AUDITING SERVICES - EVALUATION COMMITTEE MTG
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RFP No. 22-02-01 Professional Independent Auditing Services
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MINUTES RFP PROFESSIONAL INDEPENDENT AUDITING SERVICES - EVALUATION COMMITTEE MTG
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Edelcup: <br /> <br />• It’s between Marcum and Keefe. <br /> <br />Vice Mayor Viscarra: <br /> <br />o Have to go through process of elimination <br />o Pg. 7, size of firm – 20 points <br />o Pg. 8, Qualifications – 30 points <br />o Pg. 9, Approach Methodology, 30 points <br />o Pg. 10, References – 5 points <br />o Cost of Service (deduct) <br /> <br />Genesis: <br /> <br />• We will tally the points at the end. <br />• Next firm is: Keefe McCullough <br />o A. firm’s license – yes <br />o B. 3 Government Entities – yes <br />o C. Supervisors 3 years’ experience – yes <br />o Proposal/Criteria – yes <br />o Pg. 5. Qualifications – 5 years - yes <br />o Pg. 6. Meet independent Statement – yes <br />o Pg. 7. Qualification – best talent and experience (Edelcup) <br />o Represents our neighbors Aventura/Golden Beach (Vice Mayor) <br />o Pg. 8. Resume/Experience – 30 points <br />o Pg. 9. Methodology – 30 points <br />o References – 5 points <br />o Cost Proposal – FY 2022 $36,000; FY 2023 $37,000 FY 23/24 $38,000 <br /> <br />• Thaler: How many Hours? <br />• Tiffany: 400 hours on average, maybe because they have been our auditor. <br /> <br />• Thaler: How may did the other ones have? <br />• Tiffany: 344/400 hours (put in different cities); they are locking that in, the average <br />estimate is 400 and they cannot go back and change it. <br /> <br />• Vice Mayor: What are we currently paying? <br />• Tiffany: Previous Firm $40,000, $50,000 now, they already have our permanent numbers. <br /> <br />• Genesis: Next, we are going to review Marcum. <br />o Pg. 2. Minimum Requirements – yes <br />o B. Submit 5 years Entities – yes <br />o C. 3 years Supervisor Experience – yes <br />o Pg. 5. Most External Review – yes <br />o Meet Independent Criteria – yes <br />o Pg. 7. Qualifications/Size/Audit Staff/Location – 30 points <br />o Pg. 8. Bigger firm, more staffing (Vice Mayor) <br />o Pg. 9. Approach Methodology <br />o Pg. 10. Reference – maximum 5 points - FY21/22, FY22/23 & FY23/24 <br />$$49,375 held rate for 3 years. (Genesis), hours 395 <br />
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