Title
Discussion of Performance and Financial Audits
(NOTE: This item was continued from August 11, 2016 per Council's request.)
Body
Issue/Request:
Determine the scope of work for a special operational audit regarding the city's procurement processes.
Key Issues:
Proposed City Council Motion:
Background:
The Finance and Budget Committee discussed the type of audit that was to be performed at the August 1, 2016, committee meeting but could not reach agreement regarding whether to prepare a Request for Proposal for Operational Audit Services or submit a scope of services to the current Financial Auditor, Rubin Brown LLC.
Impact/Analysis:
A scope of services with the current financial auditor could be approved and work initiated within two weeks.
A separate RFP would most likely not award a contract for services for 60 to 90 days with work to commence some time after award.
Timeline:
Start:
Finish:
Other Information/Unique Characteristics:
[Enter text here]
Presenter
Presenter: Conrad Lamb
Recommendation
Recommendation: The Finance and Budget Committee did not have agreement regarding whether a scope of work could be submitted to the Forensics division of the City's Financial Auditor's Rubin Brown, LLC or if a separate Request for Proposals should be sent out for all qualified firms to respond to.
Committee Recommendation
Committee Recommendation: .