Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Execute An Agreement With Marcum, LLP To Provide Financial Auditing Services In An Estimated Total Amount Of $674,250.00 Over A Three Year Period
Strategic Plan Focus
Financial Management & Administration
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
The Financial Services Department desires to contract with a certified public accounting firm to audit the City's financial statements for the fiscal years ending September 30, 2021 through 2023 ("Financial Auditing Services").
Florida Statutes, Section 218.391, establishes auditor selection procedures for local governments, including guidelines for establishing an auditor selection committee for the purpose of assisting the governing body in selecting an auditor to conduct the annual financial audit required by State Statutes.
On January 20, 2021, an Auditor Selection Committee was established by Resolution No. R-2021-016 that consisted of all members of the City Commission.
On February 3, 2021, the Auditor Selection Committee approved the factors for the evaluation and selection of an auditor in compliance with State Statutes ("Evaluation Criteria").
On March 11, 2021, Request for Proposals Number 4667-21-SS for Financial Auditing Services ("RFP") was electronically advertised via BidSync in accordance with the City's Code of Ordinances, Section 38.43(A) and closed on April 22, 2021.
The RFP resulted in proposals from the following five (5) firms:
Caballero, Fierman, Llerena & Garcia, LLP (Miramar, Florida)
Keefe McCullough (Fort Lauderdale, Florida)
Marcum, LLP (Fort Lauderdale, Florida)
RSM US LLP (Fort Lauderdale, Florida)
S. Davis & Associates, P.A. (Hollywood, Florida)
On May 19, 2021, the Auditor Selection Committee met to evaluate and rank the proposals. Evaluation of the proposals was based upon the approve...
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