File #: CON 17-35    Version: 1 Name: Heinfeld Meech Audit Contract Amendment
Type: Contract Status: Passed
File created: 7/12/2017 In control: City Council Regular Meeting
On agenda: 7/18/2017 Final action: 7/18/2017
Title: The Mayor and City Council shall discuss and possibly take action on approval of the second amendment to the contract to Heinfeld, Meech & Co. for professional auditing services for fiscal year 2016 - 2017. This amendment is for an amount not to exceed $38,950.00 is in compliance with City of Maricopa Purchasing Code, Section 3-215, Bidding Procedures and will be paid from the General Fund, Financial Services, Professional and Occupational (10011313-53320). Discussion and Action.
Sponsors: Brenda Hasler
Indexes: Fiscal Policies and Management
Attachments: 1. Contract, 2. Heinfeld Meech RFP Response-2013, 3. Engagement Ltr FY17 Maricopa City

TITLE

The Mayor and City Council shall discuss and possibly take action on approval of the second amendment to the contract to Heinfeld, Meech & Co. for professional auditing services for fiscal year 2016 - 2017.  This amendment is for an amount not to exceed $38,950.00 is in compliance with City of Maricopa Purchasing Code, Section 3-215, Bidding Procedures and will be paid from the General Fund, Financial Services, Professional and Occupational (10011313-53320). Discussion and Action.

 

AGENDA ITEM DESCRIPTION

In accordance with Arizona Revised Statutes (A.R.S.) Title 9, Section 481, the City of Maricopa is required to have financial statement audits completed annually. Additionally, the audit process includes examination of the Highway User Revenue Fund (HURF) and any other dedicated transportation funding.

 

The scope of the contract includes audits of the City’s a) Comprehensive Annual Financial Report (CAFR), b) Federal grant programs (Single Audit), and c) HURF fund/dedicated transportation funds.  The scope also includes preparation of the required Annual Expenditure Limitation Report and Local Transportation Assistance Fund Report, if required.

 

On June 18, 2013, the Maricopa City Council approved an agreement with Heinfeld, Meech & Co. for auditing services.  Pursuant to the terms of the agreement, the City had the option to renew the agreement for two additional fiscal years.    This amendment is the second of the two additional fiscal years.

 

STAFF RECOMMENDATION

Staff recommends Mayor and City Council approve the second amendment to the existing agreement with Heinfeld, Meech & Co. for professional auditing services during fiscal year 2016 - 2017.