HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/18/2018 - RESOLUTION 2018-086 AUTHORIZING THE PROCUREMENT OAgenda Item 8
Item # 8 Page 1
AGENDA ITEM SUMMARY September 18, 2018
City Council
STAFF
Travis Storin, Accounting Director
John Duval, Legal
SUBJECT
Resolution 2018-086 Authorizing the Procurement of Services for an Annual Independent Audit of the City's
Financial Records.
EXECUTIVE SUMMARY
The purpose of this item is to authorize City staff to enter into a professional services agreement with BKD LLP
(“BKD”), the independent audit firm recommended by the Council Finance Committee. The Committee
interviewed two finalists at the September 5, 2018, special meeting and adopted a motion to recommend BKD
for the Council's selection.
STAFF RECOMMENDATION
Staff recommends adoption of the Resolution.
BACKGROUND / DISCUSSION
An annual, external audit by an independent CPA firm is required by Colorado Statute, City Charter (Article II,
Section 17), City debt covenants on outstanding bonds and leases, and the majority of grant agreements for
which the City is a recipient.
Per City Code:
• A competitive selection process was undertaken given that the current audit contract is in its fifth and final
year (Sec. 8-186)
• The Finance & Audit Committee completed interviews of finalists in a public meeting (Sec. 8-158)
• There is a limit of two consecutive 5-year contract terms on audit services, and as such the incumbent
auditor was not eligible for selection. (Sec. 8-158)
Properly performed audits play a vital role in the public sector by helping to preserve the integrity of the public
finance functions and by maintaining citizens’ confidence in their local government. Best practices published by
the Government Finance Officers Association and the American Institute of CPAs strongly recommend that the
selection of auditing services be conducted by governing and oversight bodies (rather than by employees of
the auditee) as an important measure to preserve auditor independence. It is also ideal for auditor
independence to require auditors be replaced after a defined contract term, as is often the case in the private
sector.
A request for proposals (“RFP”) was sent to interested firms and those registered as vendors with the City of
Fort Collins Purchasing Division. The City received seven proposals, and a joint team of City, Poudre Fire
Authority, and Library District Staff recommended two finalists for evaluation by the Finance Committee.
Intergovernmental agreements with PFA, the Library District, the URA, and DDA defer to the City for selection
of service providers on internal services within Finance and Human Resource functions.
Agenda Item 8
Item # 8 Page 2
The criteria for selection were:
• Scope of Proposal
• Assigned Personnel Qualifications
• Cost and Work Hours
• Firm Capability & Reputation
BKD was the top-ranked firm and determined to be best suited to provide audit services. The Finance
Committee unanimously recommended a contract with BKD, and the proposed resolution authorizes the
Purchasing Agent to enter into a professional services agreement for audit services with BKD for the 2018
year-end audit, and renewable on an annual basis through 2022 with the approval of the Finance/Audit
Committee. The agreement can be terminated if the auditing services are deemed unsatisfactory.
CITY FINANCIAL IMPACTS
The selected auditor’s cost proposal is comparable with the incumbent’s. Audit fees for 2017 totaled $93,100
with the incumbent, while the recommended firm’s 2018 proposal is for $95,000 with an annual increase of 3%,
pending contractual negotiations of the City Purchasing Agent. The fees proposed appear to be reasonable
and at parity with the other RFP respondents.
BOARD / COMMISSION RECOMMENDATION
Council Finance Committee supported adoption of this resolution at its September 5, 2018, special meeting.
ATTACHMENTS
1. Financial Auditing Services RFP (PDF)
2. BKD, LLP Technical Proposal (PDF)
3. Council Finance Committee minutes, September 5, 2018 (draft) (PDF)
RFP 8781 Financial Audit Services Page 1 of 31
REQUEST FOR PROPOSAL
8781 FINANCIAL AUDITING SERVICES
The City of Fort Collins is requesting proposals from qualified firms to provide financial auditing
services. To meet the requirements of this request for proposals, each audit shall be performed
in accordance with generally accepting auditing standards as set forth by the American Institute
of Certified Public Accountants, the standards for financial audits set forth in the U.S.
Government Accountability Office's Government Auditing Standards (1994), the provisions of
the Single Audit Act of 1984 (as amended in 1996) and the provisions of U.S. Office of
Management and Budget (OMB) Circular A-133, Audits of States, Local Governments, and
Non-Profit Organizations, Audits of State and Local Governments.
As part of the City’s commitment to Sustainable Purchasing, proposals submission via
email is preferred. Proposals shall be submitted in a single Microsoft Word or PDF file
under 20MB and e-mailed to: purchasing@fcgov.com. If electing to submit a hard copy
proposal instead, one (1) hard copy and one (1) electronic copy on a jump drive, will be
received at the City of Fort Collins' Purchasing Division, 215 North Mason St., 2nd floor, Fort
Collins, Colorado 80524. Proposals must be received before 3:00 p.m. (our clock), August
10, 2018 and referenced as Proposal No. 8781. If delivered, they are to be sent to 215 North
Mason Street, 2nd Floor, Fort Collins, Colorado 80524. If mailed, the address is P.O. Box 580,
Fort Collins, 80522-0580. Please note, additional time is required for proposals mailed to
the PO Box to be received at the Purchasing Office.
The City of Fort Collins is subject to public information laws, which permit access to
most records and documents. Proposals will be evaluated by members of the City
Council Finance Committee and interviews will be conducted in a public meeting.
Proposals must not include any information which respondents deem proprietary,
confidential or trade secrets because the proposals will be subject to public disclosure.
The City encourages all Disadvantaged Business Enterprises (DBEs) to submit proposals in
response to all requests for proposals. No individual or business will be discriminated against
on the grounds of race, color, sex, or national origin. It is the City’s policy to create a level
playing field on which DBEs can compete fairly and to ensure nondiscrimination in the award
and administration of all contracts.
Questions regarding RFP should be directed to Gerry Paul, Purchasing Director at 970-221-
6779 or gspaul@fcgov.com and the Project Manager, John Voss, Senior Manager, Accounting
at 970-221-6772 or at jvoss@fcgov.com.
All questions must be submitted in writing via email to Gerry Paul and John Voss, no later
than 5:00 PM our clock on August 1, 2018. Questions received after this deadline will not be
answered.
A copy of the RFP may be obtained at http://www.bidnetdirect.com/colorado/city-of-fort-collins.
Financial Services
Purchasing Division
215 N. Mason St. 2nd Floor
PO Box 580
Fort Collins, CO 80522
970.221.6775
970.221.6707
fcgov.com/purchasing
ATTACHMENT 1
RFP 8781 Financial Audit Services Page 2 of 31
New Vendors:
The City requires new vendors receiving awards from the City to fill out and submit an IRS form
W-9 and to register for Direct Deposit (Electronic) payment. If needed, the W-9 form and the
Vendor Direct Deposit Authorization Form can be found on the City’s Purchasing website at
www.fcgov.com/purchasing under Vendor Reference Documents.
Sales Prohibited/Conflict of Interest: No officer, employee, or member of City Council, shall have
a financial interest in the sale to the City of any real or personal property, equipment, material,
supplies or services where such officer or employee exercises directly or indirectly any decision-
making authority concerning such sale or any supervisory authority over the services to be
rendered. This rule also applies to subcontracts with the City. Soliciting or accepting any gift,
gratuity favor, entertainment, kickback or any items of monetary value from any person who has
or is seeking to do business with the City of Fort Collins is prohibited.
Collusive or sham proposals: Any proposal deemed to be collusive or a sham proposal will be
rejected and reported to authorities as such. Your authorized signature of this proposal assures
that such proposal is genuine and is not a collusive or sham proposal.
The City of Fort Collins reserves the right to reject any and all proposals and to waive any
irregularities or informalities.
Utilization of Award by Other Agencies: The City of Fort Collins reserves the right to allow other
state and local governmental agencies, political subdivisions, and/or school districts to utilize the
resulting award under all terms and conditions specified and upon agreement by all parties.
Usage by any other entity shall not have a negative impact on the City of Fort Collins in the
current term or in any future terms.
Sustainability: Consulting firms/teams participating in the proposal are to provide an overview of
the organization’s philosophy and approach to Sustainability. In no more than two (2) pages
please describe how your organization strives to be sustainable in the use of materials,
equipment, vehicles, fuel, recycling, office practices, etc. The City of Fort Collins incorporates
the Triple Bottom Line into our decision process by including economic (or financial),
environmental, and social factors in our evaluation.
The selected Service Provider shall be expected to sign the City’s standard Agreement prior to
commencing Services (see sample attached to this Proposal).
Sincerely,
Gerry Paul
Purchasing Director
RFP 8781 Financial Audit Services Page 3 of 31
REQUEST FOR PROPOSALS
8781 FINANCIAL AUDITING SERVICES
SECTION 1 – GENERAL SCOPE OF SERVICES
A. Scope of Services to be Performed
1. The City of Fort Collins desires the auditor to express an opinion on the fair presentation
of its governmental activities, its business-type activities, its aggregate discretely
presented component units, each of its major funds, and its aggregate remaining fund
information in conformity with generally accepted accounting principles.
2. The City of Fort Collins also desires the auditor to express an opinion on the fair
presentation of its combining and individual fund financial statements and schedules in
conformity with generally accepted accounting principles. The auditor is not required to
audit the supporting schedules contained in the comprehensive annual financial report.
However, the auditor is to provide an "in-relation-to" opinion on the supporting schedules
based on the auditing procedures applied during the audit of the basic financial
statements and the combining and individual fund financial statements and schedules.
The auditor is not required to audit the introductory section of the report or the statistical
section of the report.
3. The auditor shall also be responsible for performing certain limited procedures involving
required supplementary information required by the Governmental Accounting
Standards Board as mandated by generally accepted auditing standards.
4. The auditor is not required to audit the schedule of expenditures of federal awards.
However, the auditor is to provide an "in-relation-to" report on that schedule based on
the auditing procedures applied during the audit of the financial statements.
B. Auditing Standards To Be Followed
To meet the requirements of this request for proposals, the audit shall be performed in
accordance with generally accepting auditing standards as set forth by the American
Institute of Certified Public Accountants, the standards for financial audits set forth in the
U.S. Government Accountability Office's Government Auditing Standards (1994), the
provisions of the Single Audit Act of 1984 (as amended in 1996) and the provisions of U.S.
Office of Management and Budget (OMB) Circular A-133, Audits of States, Local
Governments, and Non-Profit Organizations, Audits of State and Local Governments.
C. Reports to be Issued
Following the completion of the audit of the fiscal year's financial statements, the auditor
shall issue:
1. A report on the fair presentation of the financial statements in conformity with generally
accepted accounting principles, including an opinion on the fair presentation of the
supplementary schedule of expenditures of federal awards in relation to the audited
financial statements.
2. A report on compliance and internal control over financial reporting based on an audit of
the financial statements
3. A report on compliance and internal control over compliance applicable to each major
federal program.
RFP 8781 Financial Audit Services Page 4 of 31
In the required report[s] on compliance and internal controls, the auditor shall
communicate any significant deficiency or material weakness found during the audit. A
significant deficiency shall be defined as a control deficiency, or combination of control
deficiencies, that adversely affects the entity’s ability to initiate, authorize, record,
process, or report financial data reliably in accordance with generally accepted
accounting principles such that there is more than a remote likelihood that a
misstatement of the entity’s financial statements that is more than inconsequential will
not be prevented or detected. A material weakness shall be defined as a significant
deficiency, or combination of significant deficiencies, that results in more than a remote
likelihood that a material misstatement of the financial statements will not be prevented
or detected. Significant deficiencies that are also material weaknesses shall be identified
as such in the report.
Control deficiencies discovered by the auditors that are neither significant deficiencies
nor material weaknesses shall be reported in a separate letter to management, which
shall be referred to in the report[s] on compliance and internal controls. A control
deficiency shall be deemed to have occurred whenever the design or operation of a
control does not allow management or employees, in the normal course of performing
their assigned functions, to prevent or detect misstatements on a timely basis.
The report on compliance and internal controls shall include all material instances of
noncompliance. All nonmaterial instances of noncompliance shall be reported in a
separate management letter, which shall be referred to in the report on compliance and
internal controls.
4. Irregularities and illegal acts. Auditors shall be required to make an immediate, written
report of all irregularities and illegal acts or indications of illegal acts of which they
become aware to the following parties:
• Mayor and Council Members of the City of Fort Collins
• Council Finance Committee
• City Manager
• Chief Financial Officer
• Accounting Director
• Controller
5. Reporting to the Council Finance Committee. Auditors shall assure themselves that the
City of Fort Collins's Council Finance Committee is informed of each of the following:
• The auditor's responsibility under generally accepted auditing standards
• Significant accounting policies
• Management judgments and accounting estimates
• Significant audit adjustments
• Auditor’s judgments about the quality of the entity’s accounting principles
• Other information in documents containing audited financial statements
• Disagreements with management
• Management consultation with other accountants
• Major issues discussed with management prior to retention
• Difficulties encountered in performing the audit
RFP 8781 Financial Audit Services Page 5 of 31
D. Special Considerations
1. The City of Fort Collins will send its comprehensive annual financial report to the
Government Finance Officers Association of the United States and Canada for review in
their Certificate of Achievement for Excellence in Financial Reporting program. It is
anticipated that the auditor will not be required to provide special assistance to the City
of Fort Collins to meet the requirements of that program.
2. The City of Fort Collins currently anticipates it will prepare one or more official
statements in connection with the sale of debt securities which will contain the general
purpose financial statements and the auditor's report thereon. The auditor shall be
required, if requested by the fiscal advisor and/or the underwriter, to issue a "consent
and citation of expertise" as the auditor and any necessary "comfort letters."
3. The City of Fort Collins has determined that no specific United States Department
functions as the cognizant agencies in accordance with the provisions of the Single Audit
Act of 1984 (as amended in 1996) and U.S. Office of Management and Budget (OMB)
Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. All
federal awards and related expenditures are reported to the Federal Clearinghouse.
4. The Schedule of Expenditures of Federal Awards and related auditor's report, as well as
the reports on compliance and internal controls are not to be included in the
comprehensive annual financial report, but are to be issued separately.
5. A list of findings and other weaknesses from the City of Fort Collins's most recent
financial statement audit, as well as a list of findings from internal audits conducted
during the most recent fiscal period to be audited may be found at
http://fcgov.com/finance/?departments.
E. Working Paper Retention and Access to Working Papers
All working papers and reports must be retained, at the auditor's expense, for a minimum of
three (3) years, unless the firm is notified in writing by the City of Fort Collins of the need to
extend the retention period. The auditor will be required to make working papers promptly
available, upon request, to the following parties or their designees:
1. City of Fort Collins
2. U.S. Government Accountability Office (GAO)
3. Parties designated by the federal or state governments or by the City of Fort Collins as
part of an audit quality review process
4. Auditors of entities of which the City of Fort Collins is a subrecipient of grant funds
5. Auditors of entities of which the City of Fort Collins is a component unit
6. In addition, the firm shall respond to the reasonable inquiries of successor auditors and
allow successor auditors to review working papers relating to matters of continuing
accounting significance.
F. Schedule for the 2018 Fiscal Year Audit (A similar time schedule will be developed for
audits of future fiscal years if the City of Fort Collins exercises its option for
additional audits).
Each of the following should be completed by the dates indicated, unless otherwise
approved by both the City and Auditor.
RFP 8781 Financial Audit Services Page 6 of 31
1. Interim Field Work
The auditor shall complete interim work by November 15th.
2. Detailed Audit Plan
The Auditor shall provide the City at least 1 month before interim and final field work a
detailed audit plan and a list of all schedules to be prepared by the City.
3. Fieldwork
The auditor shall complete all fieldwork by May 15th.
4. City Charter Requirement for Public Notification of Summary Financials
In accordance with the City of Fort Collins Charter, Article II, Section 17, a summary of
the independent audit of the City’s financial records needs to be published no later than
May 31st. In order to meet this deadline, staff requests the auditors complete a review of
the summary by May 24th.
5. City Prepared Reports
Fund Financial Statements, Notes and Required Supplementary Information - The City
shall have drafts ready for auditing on the first day of final field work.
Financial Statements – The City shall complete the management’s discussion and
analysis, government wide financial statements, fund financial statements, notes,
required supplementary information and all elements of a Comprehensive Annual
Financial Report by May 15th. The Auditor shall provide all corrections, suggestions and
comments to the City by June 1.
6. Auditor Prepared Reports
Opinion Letters, Single Audit Reports, and Management Letter - The auditor shall have
drafts of the audit report[s] and recommendations to management available for review by
the City by June 1st. The City shall have all comments and suggestions on these items
by June 8th. The Auditor will print and deliver the final reports by June 15th.
Number of Auditor Reports – For the City of Fort Collins, the Auditor shall an electronic
version of opinion letter, 25 Single Audit Reports, and 25 Management Letter Reports by
June 15. For the Poudre River Public Library District and the Poudre Fire Authority, the
Auditor shall print, for each, 25 Financial Statements, including Opinion Letter, and 25
Management Letter Reports by June 30. The auditor should deliver all reports to the
Controller at 215 North Mason Street, 2nd Floor, Fort Collins, CO 80522-0580.
7. Presentation to Governing Bodies
The auditor shall present the results of the audit to the three governing bodies by
August 31:
o City of Fort Collins Council Finance and Audit Committee
o Poudre River Public Library District Board
o Poudre Fire Authority Board
RFP 8781 Financial Audit Services Page 7 of 31
SECTION 2 – DESCRIPTION OF THE GOVERNMENT
A. Name and Telephone Number of Contact Persons/Organizational Chart/
Location of Offices
1. The auditor's principal contact with the City of Fort Collins will be Mike Beckstead, Chief
Financial Officer, phone 970-221-6795. However, the designated representatives will be
John Voss, Controller, phone 970-221-6772, and Travis Storin, Accounting Director,
970-221-2367, who will coordinate the assistance to be provided by the City of Fort
Collins to the auditor.
2. An organizational chart and a list of key personnel can be seen in the 2017 CAFR,
pages 8-9. Link to the City’s website: http://www.fcgov.com/finance/annual-financial-
reports.php
B. Background Information
1. The City of Fort Collins serves an area of 57 square miles with a population of 171,100.
The City of Fort Collins's fiscal year begins on January 1 and ends on December 31.
2. The City of Fort Collins provides the following services to its citizens:
▪ general government
▪ public safety
▪ streets and highways
▪ cultural opportunities and recreation
▪ transportation
▪ sustainability
▪ planning and development
▪ electric distribution
▪ broadband (new in 2018)
▪ water treatment and distribution
▪ wastewater collection and treatment
▪ storm drainage
▪ golf
3. The City of Fort Collins has a total payroll of $184 million covering 2,122 FTE
employees.
$ In millions
Entity with Unique Tax ID Gross Pay Benefits Total Payroll FTE
City $ 114.8 $ 36.6 $ 151.4 1,741
Downtown Development Authority 0.4 0.1 0.5 5
Poudre Fire Authority 21.1 5.2 26.3 282
Library District 4.5 1.4 5.9 94
TOTAL $ 140.8 $ 43.3 $ 184.1 2,122
4. The City is organized into 9 service areas and 3 agencies. The accounting and
financial reporting functions of the City of Fort Collins are generally centralized with the
most significant exception of dedicated personnel in Utilities.
5. More detailed information on the government and its finances can be found in the
Budget Document, CAFR’s, and Single Audit Report. See website -
http://www.fcgov.com/finance/
RFP 8781 Financial Audit Services Page 8 of 31
C. Fund Structure
The City of Fort Collins uses the following fund types in its financial reporting:
Individual Fund Type Funds Annual Budgets
General fund 1 1
Special revenue funds 16 16
Special rev fund (blended component) 5 5
Debt service funds 1 1
Capital projects funds 3 0
Permanent funds 0 0
Enterprise funds 6 6
Internal service funds 5 5
Private-purpose trust funds 0 0
Investment trust funds 0 0
Pension (and other employee benefits)
trust funds
1 1
Agency funds 2 0
Other
Entity’s
Fund Type Funds Annual Budgets
DDA General (discrete c.) 1 1
DDA Debt service (discrete c) 1 1
PFA General 1 1
PFA Capital project 1 0
Library General 1 1
Library Capital project 1 0
D. Basis of Budgeting
The City of Fort Collins does not always prepare its budgets on a basis consistent with
generally accepted accounting principles. Proprietary funds are budgeted on current
financial resources basis. In some of the funds, grants and capital projects are budgeted on
a project length basis, rather than annual budgets.
E. Federal and State Awards
Refer to 2017 single audit report, which is typical in its volume and complexity.
https://www.fcgov.com/finance/files/single-audit-compliance-2017.pdf
F. Pension Plans
The City of Fort Collins participates in the following pension plans:
Plan
Multiple Employer Cost
Sharing Agent
Single Employer Defined
Benefit Contribution
General Employees
Retirement Program (GERP) X
Money Purchase Plan (401a) X
Actuarial services for the GERP plan are provided by Milliman. The defined contribution
plan is administered by ICMA-RC.
* The Poudre Fire Authority is planning to replace their 401a, for employees represented
by a bargaining unit, with a defined benefit pension through the Fire & Police Pension
Association of Colorado. Estimated to begin in 2019.
RFP 8781 Financial Audit Services Page 9 of 31
G. Component Units
1. The City of Fort Collins is defined, for financial reporting purposes, in conformity with the
Governmental Accounting Standards Board's Codification of Governmental Accounting
and Financial Reporting Standards, Section 2100. Using these criteria, component units
are included in the City of Fort Collins's financial statements.
2. The management of the City of Fort Collins identified the following component units for
inclusion in the City of Fort Collins's financial statements:
a) Fort Collins Colorado Downtown Development Authority. The DDA is a discrete
component unit and is to be audited as part of the audit of the City of Fort Collins's
financial statements.
b) Fort Collins Urban Renewal District. This is a blended component unit that is
presented in the City’s CAFR as another fund.
c) General Improvement District #1. This is a blended component unit that is presented
in the City’s CAFR as another fund.
d) General Improvement District #15 – Skyview. This is a blended component unit that
is presented in the City’s CAFR as another fund.
3. The management of the City of Fort Collins has determined that the following potential
component units should not be included in the City of Fort Collins's financial statements
for the following reasons:
Potential Component Unit Reason for Exclusion
Poudre Fire Authority Joint Venture
Poudre River Public Library District Completely separate board, we don’t contribute
financially, different boundaries
H. Joint Ventures
The City of Fort Collins does participate in joint ventures with other governments.
NAME OF JOINT VENTURE
NAME OF OTHER
PARTICIPATING
GOVERNMENT(S)
TYPE OF SERVICES
PROVIDED
Fort Collins- Loveland Airport City of Loveland Airport Operations
North Front Range Transportation
& Air Quality
10 Northern CO
municipalities, and Larimer
and Weld Counties
Transportation & Air Quality
Planning
Poudre Fire Authority
Poudre Valley Fire Protection
District
Fire Protection
Platte River Power Authority
Longmont, Loveland & Estes
Park
Wholesale Power Supply
I. Magnitude of Finance Operations
Financial services area has 47 people and is headed by Mike Beckstead, Chief Financial
Officer for the City. There are 4 departments in Financial Services: Finance Administration,
Purchasing, Safety, Security & Risk Management, Sales Tax, and Accounting & Treasury.
The Accounting & Treasury Department is headed by Travis Storin, Director of Accounts.
Other Services Areas throughout the City have positions performing financial work and have
dotted line accountability to Financial Services.
RFP 8781 Financial Audit Services Page 10 of 31
J. Computer Systems
1. JDE Production Database Server
• HP BL 460 Gen 9
• 2 – 12 core processors
• 128 GB RAM
• Operating System: Windows Server 2012 R2 (64 bit)
• Applications: Oracle DBMS 12c Enterprise Edition Release 12.1.0.2.0
2. JDE Production Web Server
• VM Ware Virtual Machine (running on top of same physical blades)
• 2 - 2 Core Processors
• 16 GB RAM
• Operating System: Windows Server 2012 R2 (64 bit)
• Applications: Oracle WebLogic Server
3. JDE Production Batch Server
• HP BL 460 Gen 9
• 2 – 12 core processors
• 128 GB RAM
• Operating System: Windows Server 2012 R2 (64 bit)
• Applications: Oracle/JD Edwards Software
4. JDE Software Version
• Oracle JD Edwards EnterpriseOne 9.2, Tools Release 9.2.1.2
5. JD Edwards EnterpriseOne Modules (go live date)
• Financials, A/P, Purchasing, Budget, Job Costing, Foundation & Security (1/1999)
• Accounts Receivable, Procurement (12/1999)
• Human Resources/Payroll (1/2000)
• Fixed Assets (8/2001)
• Enterprise Asset Management (12/2003)
• Self Service Benefits Enrollment (10/2004)
• Employee and Manager Self Service (10/2006)
• SAP Business Objects implemented for Enterprise Reporting (10/2006)
• JDE Chart of Accounts Conversion (11/2008)
• Expense Management (9/2015)
• AP Automation via Tungsten Networks Integration (target 9/2018)
K. Availability of Prior Audit Reports and Working Papers
Interested proposers who wish to review prior years' audit reports and management letters
should contact Kevin Smith at 4801 Main Street, Suite 400, Kansas City, MO 64112-2543,
phone 816-751-4027. The City of Fort Collins will use its best efforts to make prior audit
reports and supporting working papers available to proposers to aid their response to this
request for proposals.
L. Organizational Chart and listing of Key Officials may be found in the CAFR
https://www.fcgov.com/finance/annual-financial-reports.php
RFP 8781 Financial Audit Services Page 11 of 31
SECTION 3 - TIME REQUIREMENTS
A. Proposal Calendar
The following is a list of key dates up to and including the date proposals are due to be
submitted:
Last day to submit bid questions Aug 1, 2018
Due date for proposals Aug 10, 2018 3:00 PM (MDST)
B. Notification and Contract Dates (estimated subject to change)
Interviews of finalists September 5, 2018*
Selected firm notified September 7, 2018
Contract date September 17, 2018
* The interview date is firm and will be conducted September 5, 2018 from 3:00 pm to
5:00 pm. Interviews will be conducted by City Council member of the Council
Finance Committee. All proposals and the interviews will be open to the public.
C. Date Audit May Commence
The City of Fort Collins will have all records ready for audit and all management personnel
available to meet with the firm's personnel as of October 1, 2018.
D. Schedule for the 2018 Fiscal Year Audit
(A similar time schedule will be developed for audits of future fiscal years if the City of Fort
Collins exercises its option for additional audits).
Each of the following should be completed by the auditor no later than the dates indicated.
1. Interim Work
The auditor shall complete interim work by December 15th. City is open considering
alternative dates
2. Detailed Audit Plan
The auditor shall provide City of Fort Collins by December 31 both a detailed audit plan
and a list of all schedules to be prepared by the City of Fort Collins.
3. Fieldwork
The auditor shall complete all fieldwork by May 15.
4. City Charter Requirement for Public Notification of Summary Financials
In accordance with the City of Fort Collins Charter, Article II, Section 17, a summary of
the independent audit of the City’s financial records needs to be published no later than
May 31. In order to meet this deadline, staff request the auditors complete review of the
summary by May 24.
5. Draft Reports
The auditor shall have drafts of the audit report[s] and recommendations to management
available for review by the Chief Financial Officer and Controller/ Assistant Financial
Offer by June 1.
RFP 8781 Financial Audit Services Page 12 of 31
E. Date Opinion Letter and Single Audit Report is Due
The City staff shall prepare draft financial statements, notes and all required supplementary
schedules by May 6. The auditor shall provide a draft of all recommendations, revisions and
suggestions for improvement to the Chief Fiscal Officer and Controller/Assistant Financial
Officer by June 1. The final signed opinion letter should be provided electronically for
inclusion in the CAFR no later than June 15.
SECTION 4 - ASSISTANCE TO BE PROVIDED TO THE AUDITOR AND REPORT PREPARATION
A. Finance Department and Clerical Assistance
The finance department staff and responsible management personnel will be available
during the audit to assist the firm by providing information, documentation and explanations.
The preparation of confirmations will be the responsibility of the City on Auditor approved
forms.
B. Electronic Data Processing (EDP) Assistance
The Enterprise Resource Planning (ERP) personnel will be available to assist the auditor in
performing the engagement during normal working hours, with reasonable advanced notice.
ERP personnel will also be available to provide systems documentation and explanations.
The auditor will be provided reasonable computer time and the use of the City of Fort
Collins's computer hardware and software. This will be limited to inquiry and review of
accounting records.
C. Statements and Schedules to be Prepared by the Staff of the City of Fort Collins
The staff of City of Fort Collins will prepare the following statements and schedules for the
auditor by the dates indicated:
Statement or Schedule Date
Fund statements April 15
Notes April 22
Government Wide May 1
MD&A, Statistical, Intro Section May 7
D. Work Area, Telephones, Photocopying and FAX Machines
The City of Fort Collins will provide the auditor with reasonable work space, desks and
chairs. The auditor will also be provided with access to one telephone lines, photocopying
facilities and FAX machines.
E. Report Preparation
Report preparation, editing and printing shall be the responsibility of the auditor.
SECTION 5 - PROPOSAL REQUIREMENTS
A. General Requirements
1. Submission of Proposals
The following material is required to be received by August 10, 2018 by 3:00 PM for a
proposing firm to be considered:
i. Title Page
Title page showing the request for proposals subject; the firm's name; the name,
address and telephone number of the contact person; and the date of the proposal.
ii. Table of Contents
RFP 8781 Financial Audit Services Page 13 of 31
iii. Transmittal Letter
A signed letter of transmittal briefly stating the proposer's understanding of the work
to be done, the commitment to perform the work within the time period, a statement
why the firm believes itself to be best qualified to perform the engagement and a
statement that the proposal is a firm and irrevocable offer for 60 days.
iv. Detailed Proposal
The detailed proposal should follow the order set forth in Section 5 B and C of this
request for proposals.
v. Executed copies of Proposer Guarantees and Proposer Warranties, attached to this
request for proposal (Appendix B and Appendix C)
B. Technical Proposal
1. General Requirements
The purpose of the Technical Proposal is to demonstrate the qualifications, competence
and capacity of the firms seeking to undertake an independent audit of the City of Fort
Collins in conformity with the requirements of this request for proposals. As such, the
substance of proposals will carry more weight than their form or manner of presentation.
The Technical Proposal should demonstrate the qualifications of the firm and of the
particular staff to be assigned to this engagement. It should also specify an audit
approach that will meet the request for proposals requirements.
THERE SHOULD BE NO DOLLAR UNITS OR TOTAL COSTS INCLUDED IN THE
TECHNICAL PROPOSAL DOCUMENT.
The Technical Proposal should address all the points outlined in the request for
proposals (excluding any cost information which should only be included in the sealed
dollar cost bid). The Proposal should be prepared simply and economically, providing a
straightforward, concise description of the proposer's capabilities to satisfy the
requirements of the request for proposals. While additional data may be presented, the
following subjects, items Nos. 2 through 10, must be included. They represent the
criteria against which the proposal will be evaluated.
2. Independence
The firm should provide an affirmative statement that is independent of the City of Fort
Collins as defined by generally accepted auditing standards/the U.S. Government
Accountability Office's Government Auditing Standards (1994).
The firm also should provide an affirmative statement that it is independent of all of the
component units of the City of Fort Collins as defined by those same standards. The
City of Fort Collins currently has one component unit, the Fort Collins Downtown
Development Authority, whose budget and any issuance of debt requires approval of the
Fort Collins’ City Council.
The firm should also list and describe the firm's (or proposed subcontractors')
professional relationships involving the City of Fort Collins or any of its component units
or joint venture members for the past five (5) years, together with a statement explaining
why such relationships do not constitute a conflict of interest relative to performing the
proposed audit.
RFP 8781 Financial Audit Services Page 14 of 31
In addition, the firm shall give the City of Fort Collins written notice of any professional
relationships entered into during the period of this agreement.
3. License to Practice in the State of Colorado
An affirmative statement should be included that the firm and all assigned key
professional staff are properly licensed to practice in the State of Colorado.
4. Firm Qualifications and Experience
The proposer should state the size of the firm, the size of the firm's governmental audit
staff, the location of the office from which the work on this engagement is to be
performed and the number and nature of the professional staff to be employed in this
engagement on a full-time basis and the number and nature of the staff to be so
employed on a part-time basis.
If the proposer is a joint venture or consortium, the qualifications of each firm comprising
the joint venture or consortium should be separately identified and the firm that is to
serve as the principal auditor should be noted, if applicable.
The firm is also required to submit a copy of the report on its most recent external quality
control review, with a statement whether that quality control review included a review of
specific government engagements.
The firm shall also provide information on the results of any federal or state desk reviews
or field reviews of its audits during the past three (3) years. In addition, the firm shall
provide information on the circumstances and status of any disciplinary action taken or
pending against the firm during the past three (3) years with state regulatory bodies or
professional organizations.
5. Partner, Supervisory and Staff Qualifications and Experience
Identify the principal supervisory and management staff, including engagement partners,
managers, other supervisors and specialists, who would be assigned to the
engagement. Indicate whether each such person is registered or licensed to practice as
a certified public accountant in the State of Colorado. Provide information on the
government auditing experience of each person, including information on relevant
continuing professional education for the past three (3) years and membership in
professional organizations relevant to the performance of this audit.
Provide as much information as possible regarding the number, qualifications,
experience and training, including relevant continuing professional education, of the
specific staff to be assigned to this engagement. Indicate how the quality of staff over
the term of the agreement will be assured.
The proposer should identify the extent to which staff to be assigned to the audit reflect
the City of Fort Collins's commitment to Affirmative Action.
Engagement partners, managers, other supervisory staff and specialists may be
changed if those personnel leave the firm, are promoted or are assigned to another
office. These personnel may also be changed for other reasons with the express prior
written permission of the City of Fort Collins. However, in either case, the City of Fort
Collins retains the right to approve or reject replacements.
RFP 8781 Financial Audit Services Page 15 of 31
Consultants and firm specialists mentioned in response to this request for proposal can
only be changed with the express prior written permission of the City of Fort Collins,
which retains the right to approve or reject replacements.
Other audit personnel may be changed at the discretion of the proposer provided that
replacements have substantially the same or better qualifications or experience.
6. Prior Engagements with the City of Fort Collins
List separately all engagements within the last five years, ranked on the basis of total
staff hours, for the City of Fort Collins by type of engagement (i.e., management
advisory services, other). Indicate the scope of work, date, engagement partners, total
hours, the location of the firm's office from which the engagement was performed, and
the name and telephone number of the principal client contact.
7. Similar Engagements With Other Government Entities
For the firm's office that will be assigned responsibility for the audit, list the most
significant engagements (maximum - 5) performed in the last five years that are similar
to the engagement described in this request for proposal. These engagements should
be ranked on the basis of total staff hours. Indicate the scope of work, date,
engagement partners, total hours, and the name and telephone number of the principal
client contact.
8. Specific Audit Approach
The proposal should set forth a work plan, including an explanation of the audit
methodology to be followed, to perform the services required in Section II of this request
for proposal. In developing the work plan, reference should be made to such sources of
information as City of Fort Collins's budget and related materials, organizational charts,
manuals and programs, and financial and other management information systems.
Proposers will be required to provide the following information on their audit approach:
a. Proposed segmentation of the engagement
b. Level of staff and number of hours to be assigned to each proposed segment of the
engagement
c. Sample size and the extent to which statistical sampling is to be used in the
engagement
d. Extent of use of EDP software in the engagement
e. Type and extent of analytical procedures to be used in the engagement
f. Approach to be taken to gain and document an understanding of the City of Fort
Collins's internal control structure
g. Approach to be taken in determining laws and regulations that will be subject to audit
test work
h. Approach to be taken in drawing audit samples for purposes of tests of compliance
9. Identification of Anticipated Potential Audit Problems
The proposal should identify and describe any anticipated potential audit problems, the
firm's approach to resolving these problem and any special assistance that will be
requested from the City of Fort Collins.
RFP 8781 Financial Audit Services Page 16 of 31
10. Report Format
The proposal should include sample formats for required reports.
C. Dollar Cost Proposal
1. Total All-Inclusive Maximum Price
The sealed dollar cost bid should contain all pricing information relative to performing the
audit engagement as described in this request for proposal. The total all-inclusive
maximum price to be bid is to contain all direct and indirect costs including all out-of-
pocket expenses.
The City of Fort Collins will not be responsible for expenses incurred in preparing and
submitting the technical proposal or the dollar cost proposal. Such costs should not be
included in the proposal.
The first page of the dollar cost proposal should include the following information:
a. Name of Firm
b. Certification that the person signing the proposal is entitled to represent the firm,
empowered to submit the bid, and authorized to sign a contract with the City of Fort
Collins.
c. A Total All-Inclusive Maximum Price for the 2018 engagement and subsequent 4
years (Fill-out Appendix A).
2. Rates by Partner, Specialist, Supervisory and Staff Level Times Hours Anticipated for
Each
The second page of the dollar cost proposal should include a schedule of professional
fees and expenses, presented in the format provided in the attachment (Appendix A),
that supports the total all-inclusive maximum price. The cost of special services
described in Section of this request for proposal should be disclosed as separate
components of the total all-inclusive maximum price.
3. Out-of-pocket Expenses Included in the Total All-inclusive Maximum Price and
Reimbursement Rates
Out-of-pocket expenses for firm personnel (e.g., travel, lodging and subsistence) will be
reimbursed at the rates used by the City of Fort Collins for its employees. All estimated
out-of-pocket expenses to be reimbursed should be presented on the second page of
the sealed dollar cost bid in the format provided in the attachment (Appendix A). All
expense reimbursements will be charged against the total all-inclusive maximum price
submitted by the firm.
In addition, a statement must be included in the sealed dollar cost bid stating the firm will
accept reimbursement for travel, lodging and subsistence at the prevailing City of Fort
Collins rates for its employees.
4. Rates for Additional Professional Services
If it should become necessary for City of Fort Collins to request the auditor to render any
additional services to either supplement the services requested in this RFP or to
perform additional work as a result of the specific recommendations included in any
report issued on this engagement, then such additional work shall be performed only if
set forth in an addendum to the contract between City of Fort Collins and the firm. Any
such additional work agreed to between City of Fort Collins and the firm shall be
performed at the same rates set forth in the schedule of fees and expenses included in
the sealed dollar cost bid.
RFP 8781 Financial Audit Services Page 17 of 31
5. Manner of Payment
Progress payments will be made on the basis of hours of work completed during the
course of the engagement and out-of-pocket expenses incurred in accordance with the
firm's dollar cost bid proposal. Interim billing shall cover a period of not less than a
calendar month. Ten percent (10%) will be withheld from each billing pending delivery of
the firm's final reports.
SECTION 6 – REVIEW AND ASSESSMENT
Firms will be evaluated on the following criteria. These criteria will be the basis for review and
assessment of the written proposals and optional interview session. At the discretion of the
City, interviews of the top rated firms may be conducted.
The rating scale shall be from 1 to 5, with 1 being a poor rating, 3 being an average rating, and
5 being an outstanding rating.
WEIGHTING
FACTOR
QUALIFICATION STANDARD
2.0 Scope of Proposal
Does the proposal address all elements of the RFP?
Does the proposal show an understanding of the project
objectives, methodology to be used and
results/outcomes required by the project? Are there
any exceptions to the requirements, Scope of Services,
or agreement?
2.0
Assigned Personnel
Qualifications
Do the individuals who will be assigned to the project
have the necessary skills and qualifications? Are
sufficient people of the requisite skills and qualifications
assigned to the project?
2.0
Cost and
Schedule
Does the proposal address all the cost elements and
are the line-item costs competitive? Do the proposed
cost compare favorably with the Project Manager's
estimate and other proposals? Does the firm take any
exceptions to the audit submittal dates.
2.0
Firm Capability &
Reputation
Does the firm have the resources, financial strength,
capacity and support capabilities required to complete a
comprehensive audit? Has the firm successfully
completed previous audits of this type and scope?
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 18 of 31
APPENDIX A
SCHEDULE OF PROFESSIONAL FEES & EXPENSES FOR ADDITIONAL SERVICES
NATURE OF SERVICE TO BE PROVIDED
MAXIMUM
ALL-INCLUSIVE
TOTAL PRICE
2018 Audits of City, Poudre Fire Authority and Library District $
2019 Audits of City, Poudre Fire Authority and Library District $
2020 Audits of City, Poudre Fire Authority and Library District $
2021 Audits of City, Poudre Fire Authority and Library District $
2022 Audits of City, Poudre Fire Authority and Library District $
Issuance of Consent Letter for a Bond Issue $
Verification of Arbitrage at the End of Each
• Five-Year Period of a Bond Issue $
Verification of Bond Escrow for a Bond Issue $
Agreed Upon Procedures Performed in Relation to City’s Cable TV
Franchise Agreement with Service Provider $
Of the Total all-inclusive maximum price for the 2018 audit, please estimate the expected costs
for the services related to the Library District and the Poudre Fire Authority:
• Library District $
• Poudre Fire Authority $
Proposer:
Signature:
Printed:
Address:
City/State/Zip:
Phone: Email:
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 19 of 31
SCHEDULE OF PROFESSIONAL FEES AND EXPENSES
This schedule should reflect the hourly rates for any additional work outside the scope of this RFP
if the City requests it.
STANDARD
HOURLY RATES
QUOTED HOURLY
RATES
Partners $ $
Managers $ $
Supervisory Staff $ $
Staff $ $
Other (specify): $ $
$ $
$ $
$ $
ADDITIONAL COSTS
Out-of-pocket expenses: $
Meals and lodging (amount per person per day) $
Transportation (cents-per-mile) $
Other (specify): $
$
$
$
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 20 of 31
APPENDIX B
PROPOSER GUARANTEES
The Proposer certifies it can and will provide and make available all services set forth in Scope
of Work and Time Requirements.
Signature of Official:
Printed:
Title:
Date:
LIST OF PRINCIPALS
The names and titles of the Proposer’s principals are:
1.
2.
3.
4.
5.
Proposer:
Address:
City/State/Zip:
Phone: Email:
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 21 of 31
APPENDIX C
PROPOSER WARRANTIES
A. Proposer warrants that it is willing and able to comply with State of Colorado laws with
respect to foreign (non-state of Colorado) corporations.
B. Proposer warrants, that if it is awarded the contract it shall obtain and maintain during
the Agreement term the following insurance coverage’s with policy limits in accordance
with NORA specifications:
1. Errors and omissions coverage for the willful or negligent acts, or omissions of
any officers, employees or agents thereof;
2. Professional liability coverage;
3. Comprehensive general liability coverage;
4. Automobile liability coverage, including hired and non-owned vehicles; and
5. Workers’ compensation.
Waiver of subrogation and hold harmless agreements will be agreed to for all of the
above coverage. The City shall be named an additional insured for all insurance
coverage.
C. Proposer warrants that it will not delegate or subcontract its responsibilities under the
contract without the prior written permission of the City of Fort Collins.
D. Proposer warrants that all information provided by it in connection with this proposal is
true and accurate.
Signature of Official:
Name:
(Print or type)
Title:
Firm:
Date:
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 22 of 31
SAMPLE SERVICES AGREEMENT (DO NOT SIGN)
SERVICES AGREEMENT
THIS AGREEMENT made and entered into the day and year set forth below by and
between THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter
referred to as the "City" and , hereinafter referred to as "Service Provider".
WITNESSETH:
In consideration of the mutual covenants and obligations herein expressed, it is agreed by
and between the parties hereto as follows:
1. Scope of Services. The Service Provider agrees to provide services in accordance with the
scope of services attached hereto as Exhibit A, consisting of ( ) page(s) and
incorporated herein by this reference. Irrespective of references in Exhibit A to certain
named third parties, Service Provider shall be solely responsible for performance of all
duties hereunder.
2. The Work Schedule. [Optional] The services to be performed pursuant to this Agreement
shall be performed in accordance with the Work Schedule attached hereto as Exhibit ,
consisting of ( ) page(s), and incorporated herein by this reference.
3. Time of Commencement and Completion of Services. The services to be performed
pursuant to this Agreement shall be initiated within ( ) days following execution
of this Agreement. Services shall be completed no later than . Time is of the essence.
Any extensions of the time limit set forth above must be agreed upon in a writing signed by
the parties.
4. Contract Period. This Agreement shall commence , 20 , and shall continue in
full force and effect until , 20 , unless sooner terminated as herein provided. In
addition, at the option of the City, the Agreement may be extended for additional one year
periods not to exceed ( ) additional one year periods. Renewals and pricing
changes shall be negotiated by and agreed to by both parties. Written notice of renewal
shall be provided to the Service Provider and mailed no later than thirty (30) days prior to
contract end.
5. Delay. If either party is prevented in whole or in part from performing its obligations by
unforeseeable causes beyond its reasonable control and without its fault or negligence, then
the party so prevented shall be excused from whatever performance is prevented by such
cause. To the extent that the performance is actually prevented, the Service Provider must
provide written notice to the City of such condition within fifteen (15) days from the onset of
such condition.
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 23 of 31
6. Early Termination by City/Notice. Notwithstanding the time periods contained herein, the
City may terminate this Agreement at any time without cause by providing written notice of
termination to the Service Provider. Such notice shall be delivered at least fifteen (15) days
prior to the termination date contained in said notice unless otherwise agreed in writing by
the parties. All notices provided under this Agreement shall be effective when mailed,
postage prepaid and sent to the following addresses:
Service Provider: City: Copy to:
Attn:
City of Fort Collins
Attn:
PO Box 580
Fort Collins, CO 80522
City of Fort Collins
Attn: Purchasing Dept.
PO Box 580
Fort Collins, CO 80522
In the event of early termination by the City, the Service Provider shall be paid for services
rendered to the date of termination, subject only to the satisfactory performance of the
Service Provider's obligations under this Agreement. Such payment shall be the Service
Provider's sole right and remedy for such termination.
7. Contract Sum. The City shall pay the Service Provider for the performance of this Contract,
subject to additions and deletions provided herein, ($ ) as per the attached
Exhibit " ", consisting of page(s), and incorporated herein by this reference.
8. City Representative. The City will designate, prior to commencement of the work, its
representative who shall make, within the scope of his or her authority, all necessary and
proper decisions with reference to the services provided under this agreement. All requests
concerning this agreement shall be directed to the City Representative.
9. Independent Service provider. The services to be performed by Service Provider are those
of an independent service provider and not of an employee of the City of Fort Collins. The
City shall not be responsible for withholding any portion of Service Provider's compensation
hereunder for the payment of FICA, Workmen's Compensation or other taxes or benefits or
for any other purpose.
10. Subcontractors. Service Provider may not subcontract any of the Work set forth in the
Exhibit A, Statement of Work without the prior written consent of the city, which shall not be
unreasonably withheld. If any of the Work is subcontracted hereunder (with the consent of
the City), then the following provisions shall apply: (a) the subcontractor must be a reputable,
qualified firm with an established record of successful performance in its respective trade
performing identical or substantially similar work, (b) the subcontractor will be required to
comply with all applicable terms of this Agreement, (c) the subcontract will not create any
contractual relationship between any such subcontractor and the City, nor will it obligate the
City to pay or see to the payment of any subcontractor, and (d) the work of the subcontractor
will be subject to inspection by the City to the same extent as the work of the Service
Provider.
11. Personal Services. It is understood that the City enters into the Agreement based on the
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 24 of 31
special abilities of the Service Provider and that this Agreement shall be considered as an
agreement for personal services. Accordingly, the Service Provider shall neither assign any
responsibilities nor delegate any duties arising under the Agreement without the prior written
consent of the City.
12. Acceptance Not Waiver. The City's approval or acceptance of, or payment for any of the
services shall not be construed to operate as a waiver of any rights or benefits provided to
the City under this Agreement or cause of action arising out of performance of this
Agreement.
13. Warranty.
a. Service Provider warrants that all work performed hereunder shall be performed with the
highest degree of competence and care in accordance with accepted standards for work
of a similar nature.
b. Unless otherwise provided in the Agreement, all materials and equipment incorporated
into any work shall be new and, where not specified, of the most suitable grade of their
respective kinds for their intended use, and all workmanship shall be acceptable to City.
c. Service Provider warrants all equipment, materials, labor and other work, provided under
this Agreement, except City-furnished materials, equipment and labor, against defects
and nonconformances in design, materials and workmanship/workwomanship for a
period beginning with the start of the work and ending twelve (12) months from and after
final acceptance under the Agreement, regardless whether the same were furnished or
performed by Service Provider or by any of its subcontractors of any tier. Upon receipt
of written notice from City of any such defect or nonconformances, the affected item or
part thereof shall be redesigned, repaired or replaced by Service Provider in a manner
and at a time acceptable to City.
14. Default. Each and every term and condition hereof shall be deemed to be a material element
of this Agreement. In the event either party should fail or refuse to perform according to the
terms of this agreement, such party may be declared in default thereof.
15. Remedies. In the event a party has been declared in default, such defaulting party shall be
allowed a period of ten (10) days within which to cure said default. In the event the default
remains uncorrected, the party declaring default may elect to (a) terminate the Agreement
and seek damages; (b) treat the Agreement as continuing and require specific performance;
or (c) avail himself of any other remedy at law or equity. If the non-defaulting party
commences legal or equitable actions against the defaulting party, the defaulting party shall
be liable to the non-defaulting party for the non-defaulting party's reasonable attorney fees
and costs incurred because of the default.
16. Binding Effect. This writing, together with the exhibits hereto, constitutes the entire
agreement between the parties and shall be binding upon said parties, their officers,
employees, agents and assigns and shall inure to the benefit of the respective survivors,
heirs, personal representatives, successors and assigns of said parties.
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 25 of 31
17. Indemnity/Insurance.
a. The Service Provider agrees to indemnify and save harmless the City, its officers, agents
and employees against and from any and all actions, suits, claims, demands or liability
of any character whatsoever brought or asserted for injuries to or death of any person
or persons, or damages to property arising out of, result from or occurring in connection
with the performance of any service hereunder.
b. The Service Provider shall take all necessary precautions in performing the work
hereunder to prevent injury to persons and property.
c. Without limiting any of the Service Provider's obligations hereunder, the Service Provider
shall provide and maintain insurance coverage naming the City as an additional insured
under this Agreement of the type and with the limits specified within Exhibit ,
consisting of one (1) page, attached hereto and incorporated herein by this reference.
The Service Provider before commencing services hereunder, shall deliver to the City's
Purchasing Director, P. O. Box 580, Fort Collins, Colorado 80522, one copy of a
certificate evidencing the insurance coverage required from an insurance company
acceptable to the City.
18. Entire Agreement. This Agreement, along with all Exhibits and other documents
incorporated herein, shall constitute the entire Agreement of the parties. Covenants or
representations not contained in this Agreement shall not be binding on the parties.
19. Law/Severability. The laws of the State of Colorado shall govern the construction
interpretation, execution and enforcement of this Agreement. In the event any provision of
this Agreement shall be held invalid or unenforceable by any court of competent jurisdiction,
such holding shall not invalidate or render unenforceable any other provision of this
Agreement.
20. Prohibition Against Employing Illegal Aliens. Pursuant to Section 8-17.5-101, C.R.S., et.
seq., Service Provider represents and agrees that:
a. As of the date of this Agreement:
1. Service Provider does not knowingly employ or contract with an illegal alien who will
perform work under this Agreement; and
2. Service Provider will participate in either the e-Verify program created in Public Law
208, 104th Congress, as amended, and expanded in Public Law 156, 108th
Congress, as amended, administered by the United States Department of Homeland
Security (the “e-Verify Program”) or the Department Program (the “Department
Program”), an employment verification program established pursuant to Section 8-
17.5-102(5)(c) C.R.S. in order to confirm the employment eligibility of all newly hired
employees to perform work under this Agreement.
b. Service Provider shall not knowingly employ or contract with an illegal alien to perform
work under this Agreement or knowingly enter into a contract with a subcontractor that
knowingly employs or contracts with an illegal alien to perform work under this
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 26 of 31
Agreement.
c. Service Provider is prohibited from using the e-Verify Program or Department Program
procedures to undertake pre-employment screening of job applicants while this
Agreement is being performed.
d. If Service Provider obtains actual knowledge that a subcontractor performing work under
this Agreement knowingly employs or contracts with an illegal alien, Service Provider
shall:
1. Notify such subcontractor and the City within three days that Service Provider has
actual knowledge that the subcontractor is employing or contracting with an illegal
alien; and
2. Terminate the subcontract with the subcontractor if within three days of receiving the
notice required pursuant to this section the subcontractor does not cease employing
or contracting with the illegal alien; except that Service Provider shall not terminate
the contract with the subcontractor if during such three days the subcontractor
provides information to establish that the subcontractor has not knowingly employed
or contracted with an illegal alien.
e. Service Provider shall comply with any reasonable request by the Colorado Department
of Labor and Employment (the “Department”) made in the course of an investigation that
the Department undertakes or is undertaking pursuant to the authority established in
Subsection 8-17.5-102 (5), C.R.S.
f. If Service Provider violates any provision of this Agreement pertaining to the duties
imposed by Subsection 8-17.5-102, C.R.S. the City may terminate this Agreement. If
this Agreement is so terminated, Service Provider shall be liable for actual and
consequential damages to the City arising out of Service Provider’s violation of
Subsection 8-17.5-102, C.R.S.
g. The City will notify the Office of the Secretary of State if Service Provider violates this
provision of this Agreement and the City terminates the Agreement for such breach.
21. Special Provisions. Special provisions or conditions relating to the services to be performed
pursuant to this Agreement are set forth in Exhibit - Confidentiality, consisting of one
(1) page, attached hereto and incorporated herein by this reference.
Official Purchasing Document
Last updated 10/2017
RFP 8781 Financial Audit Services Page 27 of 31
THE CITY OF FORT COLLINS, COLORADO
By:
Gerry Paul
Purchasing Director
DATE:
ATTEST:
APPROVED AS TO FORM:
SERVICE PROVIDER'S NAME
By:
Printed:
Title:
CORPORATE PRESIDENT OR VICE
PRESIDENT
Date:
Official Purchasing Document
Last updated 10/2017
RFP 8757 Body Armor, Ballistic Vests & Rifle Plates
Page 28 of 31
EXHIBIT A
SCOPE OF SERVICES
Official Purchasing Document
Last updated 10/2017
RFP 8757 Body Armor, Ballistic Vests & Rifle Plates
Page 29 of 31
EXHIBIT
(BID SCHEDULE/COMPENSATION)
Official Purchasing Document
Last updated 10/2017
RFP 8757 Body Armor, Ballistic Vests & Rifle Plates
Page 30 of 31
EXHIBIT
INSURANCE REQUIREMENTS
1. The Service Provider will provide, from insurance companies acceptable to the City, the
insurance coverage designated hereinafter and pay all costs. Before commencing work
under this bid, the Service Provider shall furnish the City with certificates of insurance
showing the type, amount, class of operations covered, effective dates and date of
expiration of policies, and containing substantially the following statement:
“The insurance evidenced by this Certificate will not reduce coverage or limits and
will not be cancelled, except after thirty (30) days written notice has been received
by the City of Fort Collins.”
In case of the breach of any provision of the Insurance Requirements, the City, at its
option, may take out and maintain, at the expense of the Service Provider, such
insurance as the City may deem proper and may deduct the cost of such insurance from
any monies which may be due or become due the Service Provider under this
Agreement. The City, its officers, agents and employees shall be named as additional
insureds on the Service Provider 's general liability and automobile liability insurance
policies for any claims arising out of work performed under this Agreement.
2. Insurance coverages shall be as follows:
A. Workers' Compensation & Employer's Liability. The Service Provider shall
maintain during the life of this Agreement for all of the Service Provider's
employees engaged in work performed under this agreement:
1. Workers' Compensation insurance with statutory limits as required by
Colorado law.
2. Employer's Liability insurance with limits of $100,000 per accident,
$500,000 disease aggregate, and $100,000 disease each employee.
B. Commercial General & Vehicle Liability. The Service Provider shall maintain
during the life of this Agreement such commercial general liability and automobile
liability insurance as will provide coverage for damage claims of personal injury,
including accidental death, as well as for claims for property damage, which may
arise directly or indirectly from the performance of work under this Agreement.
Coverage for property damage shall be on a "broad form" basis. The amount of
insurance for each coverage, Commercial General and Vehicle, shall not be less
than $1,000,000 combined single limits for bodily injury and property damage.
In the event any work is performed by a subcontractor, the Service Provider shall
be responsible for any liability directly or indirectly arising out of the work
performed under this Agreement by a subcontractor, which liability is not covered
by the subcontractor's insurance.
Official Purchasing Document
Last updated 10/2017
RFP 8757 Body Armor, Ballistic Vests & Rifle Plates
Page 31 of 31
EXHIBIT
CONFIDENTIALITY
IN CONNECTION WITH SERVICES provided to the City of Fort Collins (the “City”) pursuant to
this Agreement (the “Agreement”), the Service Provider hereby acknowledges that it has been
informed that the City has established policies and procedures with regard to the handling of
confidential information and other sensitive materials.
In consideration of access to certain information, data and material (hereinafter individually and
collectively, regardless of nature, referred to as “information”) that are the property of and/or relate
to the City or its employees, customers or suppliers, which access is related to the performance
of services that the Service Provider has agreed to perform, the Service Provider hereby
acknowledges and agrees as follows:
That information that has or will come into its possession or knowledge in connection with the
performance of services for the City may be confidential and/or proprietary. The Service Provider
agrees to treat as confidential (a) all information that is owned by the City, or that relates to the
business of the City, or that is used by the City in carrying on business, and (b) all information
that is proprietary to a third party (including but not limited to customers and suppliers of the City).
The Service Provider shall not disclose any such information to any person not having a legitimate
need-to-know for purposes authorized by the City. Further, the Service Provider shall not use
such information to obtain any economic or other benefit for itself, or any third party, except as
specifically authorized by the City.
The foregoing to the contrary notwithstanding, the Service Provider understands that it shall have
no obligation under this Agreement with respect to information and material that (a) becomes
generally known to the public by publication or some means other than a breach of duty of this
Agreement, or (b) is required by law, regulation or court order to be disclosed, provided that the
request for such disclosure is proper and the disclosure does not exceed that which is required.
In the event of any disclosure under (b) above, the Service Provider shall furnish a copy of this
Agreement to anyone to whom it is required to make such disclosure and shall promptly advise
the City in writing of each such disclosure.
In the event that the Service Provider ceases to perform services for the City, or the City so
requests for any reason, the Service Provider shall promptly return to the City any and all
information described hereinabove, including all copies, notes and/or summaries (handwritten or
mechanically produced) thereof, in its possession or control or as to which it otherwise has
access.
The Service Provider understands and agrees that the City’s remedies at law for a breach of the
Service Provider’s obligations under this Confidentiality Agreement may be inadequate and that
the City shall, in the event of any such breach, be entitled to seek equitable relief (including without
limitation preliminary and permanent injunctive relief and specific performance) in addition to all
other remedies provided hereunder or available at law.
DELIVERING EXCELLENCE &
INNOVATION
CITY OF FORT COLLINS
Request for Proposal
8781 Financial Auditing Services
Submitted by BKD, LLP
Christopher J. Telli, CPA, CIA® // Partner
1801 California Street // Suite 2900 // Denver, CO 80202
Phone: 303.861.4545
August 10, 2018
ATTACHMENT 2
Our acceptance of this engagement is subject to completion of our normal client acceptance procedures. Upon
acceptance, the actual terms of our engagement will be documented in a separate letter to be signed by you and us.
The information provided in this proposal is intended for informational purposes only and may not be copied, used or
modified, in whole or in part, without BKD’s prior written approval. All information in this proposal is as of May 31,
2017, unless otherwise noted.
III. TRANSMITTAL LETTER ................................................... iv
B. TECHNICAL PROPOSAL ................................................... 1
2. Independence................................................................................... 1
3. License to Practice in the State of Colorado .................................... 1
4. Firm Qualifications & Experience ..................................................... 2
5. Partner, Supervisory & Staff Qualifications & Experience ............... 3
6. Prior Engagements with the City of Fort Collins .............................. 7
7. Similar Engagements with Other Government Entities ................... 8
8. Specific Audit Approach ................................................................... 9
9. Identification of Anticipated Potential Audit Problems ................. 15
10. Report Format .............................................................................. 17
C. DOLLAR COST PROPOSAL ............................................ 28
1. Total All-Inclusive Maximum Price ................................................. 28
2. Rates by Partner, Specialist, Supervisory & Staff Level Times
Hours Anticipated for Each ............................................................. 30
3. Out-of-Pocket Expenses Included in the Total All-Inclusive
Maximum Price & Reimbursement Rates ...................................... 30
4. Rates for Additional Professional Services ..................................... 31
5. Manner of Payment ....................................................................... 31
APPENDIX .............................................................................. 32
Our Commitment to Sustainability ..................................................... 33
Proposer Guarantees .......................................................................... 34
Proposer Warranties ........................................................................... 38
Addenda .............................................................................................. 39
Future Negotiations ............................................................................ 40
AICPA Peer Review Letter ................................................................... 41
BKD Peer Review Report ..................................................................... 42
Unmatched Client Service ................................................................... 43
BKD Firm Profile .................................................................................. 44
BKD PRIDE Values ................................................................................ 45
iv
III. TRANSMITTAL LETTER
August 10, 2018
Mr. Gerry Paul
Purchasing Director
City of Fort Collins
Purchasing Division
215 North Mason Street // Second Floor
P.O. Box 580
Fort Collins, CO 80522
DEAR MR. PAUL:
Those charged with governance in public sector entities are committed to protecting the resources provided
by their constituents and being responsible stewards of both current and future resources. The quality of a
government’s external audit firm is affirmation of this commitment to its constituents, bondholders,
investment bankers, the Office of the State Auditor, Government Finance Officers Association (GFOA) and
other readers of these financial statements. The City of Fort Collins (the City) needs to work with an
experienced CPA and advisory firm that understands the complexities and industry challenges of
governmental entities, including those providing innovative new services such as broadband. We know that
quality, innovation and performance are a top priority for the City. This is evident by the City being awarded
the Malcom Baldrige National Quality Award. This is an extremely impressive honor and exemplifies the
City’s commitment to quality and performance. BKD, LLP believes our own Unmatched Client Service and
PRIDE values will complement the City’s commitment in these areas.
We understand you are seeking a Financial Statement Audit in Accordance with Government Auditing
Standards and Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (the Uniform Guidance) for the years ending
December 31, 2018 through 2022.
Ultimately, you have to pick one firm to serve you. The key question from our perspective is: what then
makes BKD the right choice?
Expertise: You will be served by skilled professionals who are experienced in your industry—you will not
to need to train our personnel—that is our job.
Support: We encourage questions throughout the year—we want to quickly become familiar with your
operations to help decrease the risk of adjustments or problems—a coordinated approach.
Local & National Depth: As one of the country’s largest CPA and advisory firms, we have the local and
national resources to serve your needs and the experience of working with a diverse client base to
effectively address the complex issues you may encounter.
Transition: We believe a smooth and efficient transition with little disruption to day-to-day operations is
not only possible, but to be expected. Our goal is to simplify and help reduce transition time and costs
with effective communication and our flexibility in using existing information.
v
Timeliness: Using mutually agreed-upon dates and semiweekly or weekly status meetings with
management, we have an excellent record for providing timely services to our clients. In fact, we are so
committed to your deadlines that timeliness is embedded in our five standards of unmatched client
service and commit to perform the work within the time period requested.
Excellence: BKD works closely with you on submitting your comprehensive annual financial report to
GFOA, and our clients have an outstanding record of certificates with minimal comments.
Education: We host a complimentary annual conference (continuing professional education-eligible) for
our clients’ available personnel as part of our value-added approach. We also offer a wide range of
webinars and communications to help you stay informed of industry changes that can affect your
financial reporting and compliance.
Value: We strive to bring value to our clients, beyond the audit process. We do this in the form of
sharing best practice ideas and providing educational opportunities and year-round communications. In
addition, we also use an experienced IT professional to review the control structure of your IT
environment.
Commitment: Our governmental clients are important to our business—we will not abandon this
practice segment as economic conditions change—we want to be the leading provider of governmental
services both in Colorado and nationally.
We believe our proposal outlines all you have requested and might need in your selection process, but would
be happy to answer any questions you may have. We prefer to meet face to face with management or the
selection committee whenever possible.
BKD takes great pride in serving many of the most prestigious governmental clients in Colorado and
nationwide and would be honored to serve the City. In addition, we work with hundreds of
telecommunication clients nationally, including entities involved in broadband, telephone, wireless and other
communication systems. We believe access to our telecommunications team could be valuable to the City as
it moves forward with Fort Collins Connexion.
This proposal highlights our firm’s guiding principles, our service approach and philosophy, and the quality of
our people. While we believe this is very important information, the best evidence of the quality of our firm
is what our clients think of our service, our people and our professionalism. Please call our references and
we are convinced you will understand BKD’s commitment to unmatched client service.
We believe our proposal will help you select our firm for timely, efficient and objective services delivered by
experienced professionals. Our proposal is a firm and irrevocable offer for 60 days. We will call you soon to
answer questions you may have about this proposal, or you may reach us at 303.861.4545 or by email as
provided below.
Sincerely,
Christopher J. Telli, CPA, CIA® Anna L. Thigpen, CPA
Partner Senior Manager
ctelli@bkd.com athigpen@bkd.com
1
For the convenience of City of Fort Collins (the City), BKD, LLP has structured our
proposal according to the requirements in your Request for Proposal (RFP). We
believe our proposal will demonstrate our qualifications to serve the City with a
Financial Statement Audit in Accordance with Government Auditing Standards and
Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (the
Uniform Guidance).
2. INDEPENDENCE
The firm should provide an affirmative statement that is independent of the City of Fort
Collins as defined by generally accepted auditing standards/the U.S. Government
Accountability Office’s Government Auditing Standards (1994).
The firm also should provide an affirmative statement that it is independent of all of the
component units of the City of Fort Collins as defined by those same standards. The City
of Fort Collins currently has one component unit, the Fort Collins Downtown
Development Authority, whose budget and any issuance of debt requires approval of
the Fort Collins’ City Council.
BKD is independent with respect to the City, and your component units, as defined by
the Code of Professional Conduct of the American Institute of CPAs (AICPA) and the
United States Government Accountability Office’s Government Auditing Standards.
We are not aware of any relationship that would impair our independence.
The firm should also list and describe the firm’s (or proposed subcontractors’)
professional relationships involving the City of Fort Collins or any of its component units
or joint venture members for the past five (5) years, together with a statement
explaining why such relationships do not constitute a conflict of interest relative to
performing the proposed audit.
BKD has not had any known professional relationship with the City. We have
provided audit services to Platte River Power Authority, a joint venture with the City,
for the past five years. However, we do not believe any relationship exists that would
constitute a conflict of interest relative to performing the proposed audit, as each
engagement will be served by separate engagement teams.
In addition, the firm shall give the City of Fort Collins written notice of any professional
relationships entered into during the period of this agreement.
BKD will provide written notice to the City should any professional relationships are
entered into that would compromise our independence.
3. LICENSE TO PRACTICE IN THE STATE OF
COLORADO
An affirmative statement should be included that the firm and all assigned key
professional staff are properly licensed to practice in the State of Colorado.
BKD is properly licensed to practice public accounting in the state of Colorado. All
key professionals who would be assigned to your engagement are properly
registered/licensed to practice in the state of Colorado.
B. TECHNICAL PROPOSAL
“BKD’s personnel from staff to
partner that I’ve worked with
are very professional and
consider the operations and
timelines of the agency
personnel in their planning.
They are willing to discuss
issues and accounting
treatments in an open
method while ensuring that
the standards are met. The
comments and
recommendations are helpful
and have assisted the city in
making improvements.”
Beth Machann
City Controller
2
4. FIRM QUALIFICATIONS & EXPERIENCE
The proposer should state the size of the firm, the size of the firm’s governmental audit staff, the location of the office
from which the work on this engagement is to be performed and the number and nature of the professional staff to be
employed in this engagement on a full-time basis and the number and nature of the staff to be so employed on a part-
time basis.
FIRM SIZE
BKD is one of the largest CPA and advisory firms in the United States. As of July 2018, we have 38 offices located in
17 states. Our approximately 2,650 CPAs, advisors and dedicated staff serve clients in all 50 states and clients with
operations in more than 40 countries.
GOVERNMENTAL AUDIT STAFF SIZE
BKD has approximately 130 professionals who spend more than 50 percent of their billable hours providing audit
services to governmental entities.
LOCATION
The City’s requested services will be provided by our Colorado offices in Denver and Colorado Springs.
DENVER
BKD, LLP
1801 California Street // Suite 2900
Denver, CO 80202
COLORADO SPRINGS
BKD, LLP
111 South Tejon Street // Suite 800
Colorado Springs, CO 80903
NUMBER & NATURE OF STAFF
We anticipate providing one partner, one managing director, one senior manager and one senior associate on a full-time
basis and one managing director (concurring reviewer) on a part-time basis to complete the City’s audit. In addition,
we anticipate providing two to three associates to complete the City’s audit.
If the proposer is a joint venture or consortium, the qualifications of each firm comprising the joint venture or
consortium should be separately identified and the firm that is to serve as the principal auditor should be noted, if
applicable.
BKD is not a joint venture or consortium.
The firm is also required to submit a copy of the report on its most recent external quality control review, with a
statement whether that quality control review included a review of specific government engagements.
BKD is committed to providing quality audit services to our clients. We submit our work to external reviewers who
challenge our approach and findings. We are proud of the findings from these reviews, which indicate our process
works. Our report contained a rating of “Pass,” which is the best peer review rating available under the current peer
review standards. A copy of our most recent AICPA peer review report is included in the Appendix.
Our peer review included inspection of engagements performed under Government Auditing Standards.
3
The firm shall also provide information on the results of any federal or state desk reviews or field reviews of its audits
during the past three (3) years. In addition, the firm shall provide information on the circumstances and status of any
disciplinary action taken or pending against the firm during the past three (3) years with state regulatory bodies or
professional organizations.
From time to time, selected BKD audit engagements are subject to desk review by federal or other regulators. All such
reviews during the past three years have shown our work to be generally satisfactory, and no disciplinary or other
administrative proceedings have resulted from those reviews.
In December 2014, BKD, LLP consented, without admitting or denying the findings, to a U.S. Securities and Exchange
Commission (SEC) Order Instituting Public Administrative and Cease-and-Desist Proceedings (“Order”). The Order
was based upon the SEC’s findings that BKD had violated the SEC’s independence rules by participating in drafting
client financial statements in connection with broker-dealer audits from 2010 through 2012. The remedies provided for
in the Order included a small fine.
In November 2016, BKD reached a related settlement with the California Board of Accountancy. None of these
proceedings affect BKD’s ability to serve clients.
5. PARTNER, SUPERVISORY & STAFF QUALIFICATIONS &
EXPERIENCE
Identify the principal supervisory and management staff, including engagement partners, managers, other supervisors
and specialists, who would be assigned to the engagement. Indicate whether each such person is registered or licensed
to practice as a certified public accountant in the State of Colorado. Provide information on the government auditing
experience of each person, including information on relevant continuing professional education for the past three (3)
years and membership in professional organizations relevant to the performance of this audit.
Provide as much information as possible regarding the number, qualifications, experience and training, including
relevant continuing professional education, of the specific staff to be assigned to this engagement. Indicate how the
quality of staff over the term of the agreement will be assured.
The most critical factor in providing high-quality service is choosing your engagement team. We take team selection
seriously and have the appropriate team of advisors to meet your needs over the term of the engagement. As previously
stated, BKD is properly licensed to practice public accounting in the state of Colorado. All key professionals who
would be assigned to your engagement are properly registered/licensed to practice in the state of Colorado.
ENGAGEMENT TEAM ORGANIZATIONAL CHART
Anna L. Thigpen, CPA
Senior Manager
Audit Senior Manager
Rhonda R. Plantenga, CISA, CRISC
Managing Director
IT Managing Director
Christopher J. Telli, CPA, CIA®
Partner
Lead Engagement Partner
Jodie L. Cates, CPA
Managing Director
Concurring Reviewer
Michael Meryhew, CPA
Senior Associate II
Audit In-Charge
4
ENGAGEMENT TEAM EXPERIENCE
Christopher J. Telli, CPA, CIA®
Partner
Chris is a regional industry leader for BKD National Public Sector Group and is a member of the
firm’s Not-for-Profit, Higher Education & Public Sector Committee. He has more than 18 years
of experience in accounting and auditing, including three years as an internal auditor for a large
not-for-profit organization. Chris assists governmental entities with audit, compliance and
general business consulting and works with a variety of governmental entities, including
municipalities, state agencies, airports, school districts, higher education institutions and public
authorities.
He routinely writes and speaks on a variety of governmental and not-for-profit accounting, audit and compliance issues
and has served as an instructor for BKD internal seminars and trainings. He serves on the BKD Public Sector Center of
Excellence, an internal committee of public sector leaders from across the firm who deliberate a variety of issues
important to governments, and has served on both peer review and internal inspection teams.
Chris is a member of the American Institute of CPAs, Colorado Society of CPAs (COCPA), Government Finance
Officers Association of the United States and Canada (GFOA), Association of Government Accountants, The Institute
of Internal Auditors and Association of Certified Fraud Examiners, Inc. He is a current board member of the COCPA,
a former co-chair of the Governmental Issues Forum and previously served on the planning committee for the society’s
Governmental Conference. Chris also is currently an advisor to the GFOA Committee on Accounting, Auditing, and
Financial Reporting.
He is active in the community and is the immediate past chair for the American Red Cross of Southeastern Colorado,
and still serves on the board.
Chris is a summa cum laude graduate of Regis University, Colorado Springs, Colorado, with a B.S. degree in
accounting, and University of Colorado, Colorado Springs, with an M.B.A. degree in finance. He also holds the
Certified Internal Auditor®
(CIA®
) designation.
He has completed approximately 207.5 hours of continuing professional education (CPE) in the last three years.
Jodie L. Cates, CPA
Managing Director
Jodie has more than 25 years of governmental accounting and auditing experience, including four
years with a local government subject to Single Audit requirements. She is a member of BKD
National Public Sector Group, dedicating the majority of her time to the governmental practice.
She provides audit and other advisory services to cities and counties, school districts, charter
schools, utilities, state agencies, colleges and universities and various tax-exempt organizations.
Her areas of expertise include compliance and controls for Single Audits of federal grant awards
and implementing new accounting standards of the Governmental Accounting Standards Board.
She also is very familiar with the Government Finance Officers Association (GFOA) Certification Program for
Comprehensive Annual Financial Reports (CAFR).
Jodie has conducted presentations for the Colorado GFOA and internal and external BKD seminars and has served on
various BKD governmental committees and internal inspection teams.
She is a member of the American Institute of CPAs, Colorado Society of CPAs and Colorado GFOA. Jodie is active in
her community, serving as treasurer for various organizations.
Jodie is a 1991 graduate of Oklahoma State University, Stillwater, with a B.S. degree in business administration.
She has completed approximately 165.5 hours of CPE in the last three years.
5
Rhonda R. Plantenga, CISA, CRISC
Managing Director
Rhonda is a member of BKD’s IT Risk Services division. She has more than 20 years of
experience helping governmental entities and has both public practice and industry experience.
Her expertise includes IT risk services, regulatory compliance, System and Organization
Controls (SOC) reports/SSAE 18 reviews and general IT auditing.
She has been involved with regulatory governance, compliance and control issues, implemented
risk-based approaches to identify and protect key applications/data and has performed and
managed IT general control reviews and SOC/SSAE 16 reviews.
Rhonda is a member of the American Institute of CPAs and ISACA®
. She has earned numerous certifications,
including Certified Information Systems Auditor (CISA), Certified in Risk and Information Systems Control (CRISC)
and ITIL Foundation.
She is a graduate of University of Nebraska–Lincoln, with a B.S. degree in finance and management, and a graduate of
University of Missouri, Kansas City, with an M.S. degree in accounting with a concentration in accounting information
systems.
Rhonda has completed approximately 226.5 hours of CPE in the last three years.
Anna L. Thigpen, CPA
Senior Manager
Anna has more than 10 years of governmental accounting and auditing experience, spending the
majority of her time in the public sector practice. As a member of BKD National Public Sector
Group, she provides audit and attest services to a wide variety of governmental clients, including
cities and counties, school districts, charter schools, library districts, state departments and utility
organizations.
As a senior manager, Anna is responsible for overseeing and reviewing all audit phases,
including planning, risk assessment and reporting. She has extensive knowledge in Single Audit
compliance and helps clients navigate the complex requirements of federal guidelines under Uniform Guidance.
Anna currently serves on the Town of Firestone Finance Committee. In addition, she has served on the BKD Colorado
Foundation Committee and Engagement Council and was a participant in the 2016–2017 Leadership Weld County
program.
Throughout Anna’s career she has presented on a variety of accounting topics at BKD’s governmental seminars,
Colorado Government Finance Officers Association (CGFOA), the Colorado Department of Education’s Charter
School Program’s Finance Seminar, as well as various internal trainings.
Anna is a member of the American Institute of CPAs, Colorado Society of CPAs and CGFOA.
She is a 2007 graduate of University of Northern Colorado, Greeley, with a B.S. degree in business with an emphasis in
accounting.
Anna has completed approximately 144.5 hours of CPE in the last three years.
Michael Meryhew, CPA
Senior Associate II
Mike has more than four years of experience in the public accounting industry. He provides
audit services for a variety of public sector clients, including municipalities, airports, state
agencies and authorities. As an audit in-charge, Mike leads the client engagement process,
including supervising the audit team, managing deadlines and reviewing audit workpapers.
Mike is a graduate of Jon M. Huntsman School of Business, Utah State University, Logan, with a
B.S. degree in accounting and an M.Acc. degree.
He has completed approximately 216 hours of CPE in the last three years.
6
CONTINUING PROFESSIONAL EDUCATION
Our audit professionals are required to receive at least 120 hours of CPE every three years. For auditors involved with
audits performed under Government Auditing Standards, this education includes the hours required to comply with
Government Auditing Standards Yellow Book guidance. All individuals, including specialists involved in performing
fieldwork on Government Auditing Standards audits, are required to obtain at least 24 hours of CPE every two years in
subjects directly related to governmental auditing or the governmental environment. In addition, engagement team
members responsible for planning, directing or reporting on Government Auditing Standards audits who spend more
than 20 percent of their time performing Government Auditing Standards audits also are required to complete a
minimum of 80 hours of CPE every two years that directly enhances their professional proficiency to perform audits.
BKD offers an internal industry update seminar for managers through partners, as well as a seminar for our in-charge
level employees. These seminars include auditing and accounting issues that are specific to governments, including
Government Auditing Standards, Single Audits and accounting standards for governmental financial reporting. BKD
professionals also receive additional training from external sources.
RECOGNIZED LEARNING & DEVELOPMENT
Since 2014, BKD has been ranked among Training magazine’s Training Top 125. We also have
received Chief Learning Officer magazine’s LearningElite award since 2016, including a Gold-
level recognition for 2018. These programs rank an organization’s excellence in employer-
sponsored training and recognize outstanding outcomes in learning and development.
STAFF CONTINUITY
Whenever possible, we keep a consistent engagement team for our clients. This helps reduce the learning curve and
saves the time, frustration and disruption of dealing with new advisors unfamiliar with their organization. Past
experience is a primary determinant for assigning professionals to engagements, and we will assign individuals who are
experienced in working with public sector organizations for the City’s engagement. Though it is impossible for any
firm to know the future career paths of its professionals, many of our clients maintain the same underlying BKD
engagement team for years.
The proposer should identify the extent to which staff to be assigned to the audit reflect the City of Fort Collins’s
commitment to Affirmative Action.
It’s not just about the law. While many organizations, including BKD, have a policy to comply with federal, state and
local laws and regulations related to U.S. Equal Employment Opportunity (EEOC), we don’t stop there. We believe an
EEOC policy that prohibits discrimination in employment on the basis of age, race, color, sex, sexual orientation,
gender identity, national origin, religion, genetic information, disability, protected veteran status and other protected
classifications is crucial to building a diverse workplace where each individual knows they are valued. We strive to
move beyond the compliance function of our EEOC policy and embrace the reason these laws were created in the first
place—to help create a work environment that offers all employees equal opportunities. We work diligently toward
this goal every day, because having an inclusive culture doesn’t just allow us to attract the talent we need to thrive; it
benefits our clients by bringing a broad perspective to their services.
BKD’S SKY INITIATIVE
SKY is a firmwide initiative to emphasize and strengthen diversity and inclusion in our firm. Focused on attracting,
retaining and developing women leaders, SKY’s goal is to identify and remove cultural barriers and biases that could
otherwise prevent BKDers from maximizing their potential.
7
Engagement partners, managers, other supervisory staff and specialists may be changed
if those personnel leave the firm, are promoted or are assigned to another office. These
personnel may also be changed for other reasons with the express prior written
permission of the City of Fort Collins. However, in either case, the City of Fort Collins
retains the right to approve or reject replacements.
Consultants and firm specialists mentioned in response to this request for proposal can
only be changed with the express prior written permission of the City of Fort Collins,
which retains the right to approve or reject replacements.
Other audit personnel may be changed at the discretion of the proposer provided that
replacements have substantially the same or better qualifications or experience.
In the event we are required to make a change to any key personnel assigned to your
engagement, we will discuss this with you to explain the circumstances and proposed
change. Your proposed lead engagement partner, Chris Telli, will be coordinating
personnel changes. We generally do not remove key personnel from an audit once it
has begun, but occasionally employee turnover or other events beyond our control
require such a change. If a personnel change is required, we are confident we can
provide a qualified replacement to complete your audit with limited interruption.
We understand engagement team members, consultants and firm specialists mentioned
in our response to this RFP can only be changed with the prior express written
permission of the City, which retains the right to approve or reject replacements.
6. PRIOR ENGAGEMENTS WITH THE CITY OF
FORT COLLINS
List separately all engagements within the last five years, ranked on the basis of total
staff hours, for the City of Fort Collins by type of engagement (i.e., management
advisory services, other). Indicate the scope of work, date, engagement partners, total
hours, the location of the firm’s office from which the engagement was performed, and
the name and telephone number of the principal client contact.
As previously mentioned, BKD has not had any prior professional relationship with the
City.
“BKD has been the best
accounting firm I have used–
helpful, reliable and
responsive. They are terrific
at facilitating a schedule that
allows our audit to be
completed within the
established timelines and
commitments.”
Cherie Sanchez
Accounting Manager
City of Westminster, Colorado
8
7. SIMILAR ENGAGEMENTS WITH OTHER GOVERNMENT ENTITIES
For the firm’s office that will be assigned responsibility for the audit, list the most significant engagements (maximum - 5)
performed in the last five years that are similar to the engagement described in this request for proposal. These
engagements should be ranked on the basis of total staff hours. Indicate the scope of work, date, engagement partners,
total hours, and the name and telephone number of the principal client contact.
Our clients are our best ambassadors, and we encourage you to contact them about their satisfaction with our services.
The following clients have consented to discussing BKD’s services and service delivery with you at your convenience.
City and County of Denver
Scope of Work: Financial Statement Audit, Standalone
Audit of Airport System, Single Audit & Passenger
Facility Charge Audit
Date: 2006 to Present
Engagement Partner/Managing Director: Christopher
Telli
Total Hours: 4,000
Ms. Beth Machann
Controller
720.913.5515
City of Aurora
Scope of Work: Financial Statement Audit, Single
Audit & Agreed-Upon Procedures for the Scientific
Cultural Facilities District
Date: 2006 to Present
Engagement Partner/Managing Director: Christopher
Telli
Total Hours: 1,010
Ms. Terri Vasquez, CPA, CPFO
Director of Finance
303.739.7780
City of Arvada
Scope of Work: Financial Statement Audit (City,
Arvada Urban Renewal Authority, & Ralston House),
Single Audit & Agreed-Upon Procedures for the U.S.
Department of Housing & Urban Development’s Real
Estate Assessment Center
Date: 2013 to Present
Engagement Partner/Managing Director: Jodie Cates
Total Hours: 640
Mr. Bryan Archer
Director of Finance
720.898.7123
City of Westminster
Scope of Work: Financial Statement Audit & Single
Audit
Date: 2011 to Present
Engagement Partner/Managing Director: Jodie Cates
Total Hours: 570
Ms. Tammy Hitchens
Finance Director
303.658.2036
Platte River Power Authority
Scope of Work: Financial Statement Audit
Date: 2006 to Present
Engagement Partner/Managing Director: Jodie Cates
Total Hours: 370
Mr. Dave Smalley
Deputy General Manager/Chief Financial Officer
970.226.4000
9
8. SPECIFIC AUDIT APPROACH
The proposal should set forth a work plan, including an explanation of the audit methodology to be followed, to perform
the services required in Section II of this request for proposal. In developing the work plan, reference should be made to
such sources of information as City of Fort Collins’s budget and related materials, organizational charts, manuals and
programs, and financial and other management information systems.
AUDIT QUALITY STRUCTURE
Our audit practice evaluates risk characteristics to focus key resources on technical matters. Our risk analysis is tied to
team member experience in the industry or subject matter area, and audit engagement leaders are assigned specific
responsibilities. Our goal is to help ensure talented and experienced personnel are addressing our clients’ challenging
needs.
Structurally, BKD audit engagements are subject to quality review by a professional not otherwise involved in the
details of a client relationship. This layer allows for a fresh perspective on each engagement.
In addition to engagement-based leadership, our professional practices team is vital to our results. Office-based
accounting and auditing directors form the first line of support for engagement teams and often serve as quality
reviewers. Talented personnel are recruited for these positions based on the strength of their technical ability.
Accounting and auditing directors are supported through a firmwide network of similar personnel and with specific
regional and national training and guidance.
FINANCIAL STATEMENT AUDIT IN ACCORDANCE WITH GOVERNMENT AUDITING
STANDARDS & THE UNIFORM GUIDANCE
What is an Audit?
Auditing standards set the technical requirements for our process, culminating with the expression of our opinion on the
presentation of your financial statements. Our audit will be performed in accordance with auditing standards generally
accepted in the United States of America and the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States.
What is an Audit Experience?
While auditor selection should start with evaluating technical competence, it also should extend to your expectations
for a service experience. Your audit experience includes how your engagement is managed, how you and your team
are treated, the quality and timeliness of communication you receive and your confidence in the results and guidance
you receive. We want you to consider our philosophy around independence, integrity and quality, along with our
commitment to unmatched client service and the strength of your proposed engagement team.
THE BKD DIFFERENCES THAT MATTER
People
Our people are key components of what differentiates a BKD audit. Through intentional training and
our firm culture, our teams integrate a commitment to quality with an appreciation for client needs and
expectations. We also bring relevant industry experience, which means you will not be required to train
our staff.
Leadership
The engagement executive managing your audit will maintain a high level of involvement with the City
by delegating appropriate tasks to other audit team members as needed while remaining engaged with
you and the audit team. Our engagement executives are on site and participate in the supervision and
delivery of your audit.
10
Communication
Challenging matters or simple misunderstandings can arise, and they shouldn’t be ignored. While our
responsibility is to issue an appropriate opinion on your financial statements, it is important for us to
help keep your team informed of issues as they occur and recommend the appropriate solution. Our
philosophy is to be courteous and professional, communicate timely and make reasonable requests.
We are committed to treating you and your team with openness, candor and respect.
Technology
Technology plays a growing role in our audit as we adopt new tools to enhance our effectiveness and
efficiency. We have invested heavily in improving dynamic workflows and increasing our audit data
analytics capabilities. Though we use traditional tools such as Excel, we also delve deeper into analytic
tools with ACL, unstructured data with Kira and artificial intelligence and trend analysis with
MindBridge. These technologies, combined with our secure portal, help improve our results, enhance
your experience and increase the insight we can provide.
ONBOARDING & PROJECT MANAGEMENT
Your BKD audit experience starts as soon as you select us. Our priorities include building rapport with your team,
developing a deeper understanding of your operations and collaborating with you on the design and expectations of our
service relationship. These efforts are part of the BKD Smooth Transition™ approach. The proposal process has
provided us with the basics of your organization, but learning more will help us serve you better.
If not already completed, we will finish the details of client acceptance to confirm what we have learned and verify
confidential information not already obtained, such as litigation history or other sensitive matters.
We will address various elements of project management with
you, including how you will use BKDconnect Client Sites, our
secure portal, to exchange and track information, the key dates
of our processes and refinements to the details discussed in this
proposal. We will schedule the professionals outlined in this
proposal and coordinate with your team on details, such as
timing of visits to your locations and discussions with your
management.
Proposed Timeline
Engagement Phase Timing
Planning & Interim Procedures, Including Predecessor Auditor
Procedures November/December
Single Audit November/December
Final Fieldwork April/May
Draft Audit Deliverables No Later Than June 1
Issuance of Final Audit Deliverables No Later Than June 15
Presentation to City Council Finance Committee June/July
EXECUTING THE AUDIT
Once we have established our overall process and communication plans with you, the detailed work can begin. Key
elements of that work include:
Risk Assessment
We will identify and assess risks of material misstatement in your financial statements, including those from potential
fraud. Our work is supported by building a strong understanding of your business environment through documents you
provide and by gathering information through interviews and tests for significant transaction cycles.
11
Audit Design
Based on risks identified, we will design an audit approach specific to your organization. This tailoring takes into
consideration the uniqueness of your operations, the design of internal controls you have implemented and the nature of
financial statement amounts and disclosures. We consider whether matters are truly important (materiality), as well as
obtain input about concerns from management and the finance committee to design the tests we will perform.
Gathering Evidence
Once the plan is complete, we will execute the audit through a combination of on- and off-site work performed in
accordance with the agreed-upon timeline.
Reviewing the Work
Critical to our process is a review of the team’s work by our engagement executive, as well as a quality review by
another executive who is independent from the detailed work. The quality review is designed to improve our
deliverable by providing a fresh perspective and reinforcing quality.
Sharing Our Results
We base our audit opinion on the evidence gathered and then communicate our findings. Professional standards drive
the content of our opinion and the required communication about any deficiencies and other items we may identify
during the audit. Beyond these requirements, we share results formally through our letters and presentations to
management/city council/the finance committee, as well as opportunities for improvement through conversations
during the audit process.
COMPLIANCE AUDIT IN ACCORDANCE WITH THE UNIFORM GUIDANCE
BKD performs hundreds of Single Audits annually, focusing on two objectives: first, an audit of your financial
statements and reporting on the Schedule of Expenditures of Federal Awards (SEFA) in accordance with Government
Auditing Standards, and second, a compliance audit for federal awards expended during the fiscal year in accordance
with the Uniform Guidance.
At least one-third of our not-for-profit and governmental clients receive federal funding. Our extensive experience
with compliance testing in accordance with the Office of Management and Budget (OMB) requirements can help
provide the City with a Single Audit performed properly and submitted on time.
Our Approach
During our audit procedures of federal award programs, we do not simply look for findings to report. We look for
opportunities to advise you of more efficient ways to comply with federal regulations to reduce the risks of sanctions or
reduced funding. BKD has developed contacts at federal agencies and has been able to work cooperatively with these
agencies to help clients resolve or avoid issues.
Entities subject to the Uniform Guidance and Government Auditing Standards will benefit from BKD’s specially
designed audit programs, checklists and database of federal audit programs.
Identification and testing of your federal programs will be performed primarily during interim fieldwork, which will
typically be performed before your fiscal year-end. We have found this to be the most efficient manner in which to
perform our audit services when the additional Uniform Guidance requirements are present.
Training Requirements for Single Auditors
The City can have confidence in BKD auditors’ experience in testing federal funding subject to the Uniform Guidance.
Our audit professionals are required to receive at least 120 hours of CPE every three years, and for auditors involved
with audits performed under Government Auditing Standards, this education includes the hours required to comply
with Government Auditing Standards Yellow Book guidance. Staff members attend a series of core audit and
accounting courses over the first four years of their careers. Staff subsequently receive additional training on
accounting and auditing for the not-for-profit and governmental environment.
12
GENERAL IT SECURITY REVIEW
Our evaluation of IT controls starts with a top-down, risk-based approach. By leveraging BKD’s expertise in IT
review, security and risk management, clients get a fair, efficient and quality evaluation of their IT infrastructure and
processes as they relate to core business functions. Through our experience in a wide variety of industries and our
understanding of both medium- and large-sized companies, we have the flexibility to adjust to our clients’ ever-
changing needs.
BKD uses industry standard frameworks, such as COBIT and COSO, along with other established methodologies, to
align specific IT processes with industry best practices. Evaluating the control environment with the client’s IT
processes in mind, BKD makes it a priority to consider the big picture. As risk managers, we strive to identify the
critical elements affecting our clients’ IT infrastructure and operations and to build a professional working relationship
based upon trust and working toward a goal of security, sustainability and success.
A NETWORK OF EXPERIENCED IT RISK SERVICES ADVISORS
BKD’s IT Risk Services (ITRS) division comprises professionals located in BKD offices across the country. This
highly specialized team provides IT reviews, risk assessments, cybersecurity, business continuity planning, penetration
testing, social engineering and Sarbanes-Oxley Act of 2002 (SOX) consulting services. Our experienced, certified
consultants can help the City understand the various risks and industry-specific regulations that affect you, as well as
identify the likelihood and occurrence of risk within your business.
PROPOSERS WILL BE REQUIRED TO PROVIDE THE FOLLOWING INFORMATION
ON THEIR AUDIT APPROACH:
a. Proposed segmentation of the engagement
b. Level of staff and number of hours to be assigned to each proposed segment of the engagement
Proposed Audit Segmentation Estimated Hours Staff Level
Risk assessment procedures, including meetings with
officials & staff, preliminary analytics, review minutes &
design of audit procedures based on assessed risks 65 All Professionals
Document & evaluate internal controls, including IT 100
Senior Manager, Manager
& Associate(s)
Substantive procedures & analytical review techniques 315 All Professionals
Review prepared comprehensive annual financial report
(CAFR) & presentation to the finance committee 65 All Professionals
Single Audit testing 90
Senior Manager, Manager
& Associate(s)
Supervision, review & technical assistance 75
Partner/
Managing Director/
Senior Manager/Manager
13
c. Sample size and the extent to which statistical sampling is to be used in the engagement
Although it is not possible to set absolute rules for identifying sample sizes, we apply our professional judgment in
identifying the appropriate sample size. The objective is to test the population to obtain reasonable confidence that the
test objectives have been met. Sample sizes are controlled by the following considerations:
Tolerable error (precision) – as the expected monetary conclusion becomes more critical, sample size should
increase to tighten the range of the extrapolated estimate
Significance of the account to the financial statements – as the significance increases, sample size should increase
Assessment of internal control risk – as assessed risk is reduced, sample size for substantive tests should decrease
Extent of other substantive audit procedures related to same audit objective (tests of detail, as well as analytical
review) – as the extent of other procedures increase, sample size should decrease
Frequency and magnitude of expected errors – as the frequency and magnitude of expected errors increase, sample
size should increase
The size of the population to be sampled and whether a sample is appropriate
We anticipate using certain data extraction tools, such as ACL, in selecting and testing samples or complete
populations, where appropriate. These effective tools allow us to efficiently test larger amounts of data.
d. Extent of use of EDP software in the engagement
Technology should do more than just execute an audit, which is why BKD continues to invest in significant
technological enhancements. Our aim is to make the service process smoother and improve the client experience.
We’re going beyond simply adapting to an electronic environment––we’re deploying tools that harness data analytics,
artificial intelligence and powerful benchmarking solutions, all while emphasizing the importance of security and
confidentiality.
UNSTRUCTURED DATA ANALYSIS
Kira is a data analysis platform that can help accelerate data organization and improve our ability to identify issues
when assessing a large volume of documents. Beyond optical character recognition, Kira allows us to quickly and
effectively process contracts, leases, debt agreements and other documents to extract relevant information to address
disclosures and risk areas sooner.
DATA ANALYTICS
Our data analytics capabilities continue to expand. While common platforms such as Excel provide some level of data
query and investigation, we train our personnel on more advanced tools. ACL is one such tool that helps normalize
various types of reports and perform sophisticated analysis on the resulting data. We are piloting the use of artificial
intelligence through MindBridge, an even more advanced application that allows us to upload multiple years of general
ledger data. Using MindBridge, we can run analytics on 100 percent of the City’s transaction detail to detect potential
anomalies and patterns that indicate risk.
IMPROVING BUSINESS PROCESS WORKFLOWS
While our industry-tailored forms have been an important differentiator in our practice thus far, we’re now moving to
more sophisticated and dynamic checklists and workflows. We believe this new approach will increase efficiency and
improve the data gathering experience for all parties. This evolution is enabling greater use of electronic signatures for
contracts and will be integral to improved data sharing and transparency between BKD and our clients.
BKDCONNECT CLIENT SITES
We view project management as having multiple elements, with communication, timeliness and facilitating efficient
exchanging of information among the most key. BKDconnect Client Sites is an innovative client portal designed to
help address the challenges financial engagements present and conveniently connect you with our advisors.
14
BKDconnect Client Sites can make it easier to:
View and manage information about your engagement or project
Share documents and files with your BKD advisors and project teams
Organize documents and files for retrieval
Assign tasks to your team and receive requests for information from BKD
Track the progress of tasks toward completion
Access our award-winning, industry-specific articles, webinars, videos and more
e. Type and extent of analytical procedures to be used in the engagement
Analytical procedures involve auditing a material assertion or account balance by investigating its relationship to an
expectation such as other accounts, historical trends or other related measures. BKD recognizes that stronger analytical
procedures can help reduce or eliminate other substantive procedures that are usually more time-consuming. We would
typically consider:
Ratio analysis – comparing relationships among account balances, ratios, nonfinancial data, budgets or industry
averages
Reasonableness tests – using financial and/or nonfinancial data to develop an expectation of an account balance
Successfully using analytical procedures requires auditors to ask the questions:
What is the risk of material misstatement?
How would we find those misstatements?
Have I gathered enough audit evidence?
When analytical procedures provide sufficient evidence, other substantive audit procedures should not be necessary. If
analytical procedures are not sufficient, some combination of analytical and substantive procedures is likely to be the
preferred approach.
f. Approach to be taken to gain and document an understanding of the City of Fort Collins’s internal control structure
Understanding your operations and the design of your controls helps create an effective and efficient audit process.
When performing our first audit, this effort is more substantial. There are several data sources we intend to use,
including your prior auditor.
Our first objective is to identify those resources that might advance our understanding without extra effort on your part.
If you have documentation of your organizational structure, control environment (including technology) and the
controls you have in place, along with any testing of those controls, we can often just read and supplement that
information as needed. Even when clients have effective controls, their documentation is often limited, so additional
effort may be required. When starting with limited documentation, we will:
Perform a risk assessment using your financial statements to identify the relevant areas for documenting our
understanding and related testing. While we want to have an understanding of your operations, it isn’t necessary
for us to document every control, particularly when a control is not related to a significant audit area.
Ask you to complete industry-specific questionnaires that summarize your control structure. You might complete
these forms directly or we may interview you to guide the process, or some combination of both. This process
includes understanding your information system and related controls.
Identify who performs or can perform control activities. We can use industry-based assignment of duties forms to
capture those assignments.
Assess and/or identify key controls you have in place for significant areas of risk. We will look for gaps in your
design and potential overlapping assignments of duties that could or should be segregated.
Perform limited tests of design effectiveness of control activities. These tests will help us evaluate whether our
documentation matches the activities occurring.
15
Consider extended tests of controls. In some cases, your information may be so complex or voluminous that
extended control testing is needed to rely on your control and reduce other substantive testing in our audit.
Summarize recommendations for your consideration. For minor deficiencies or suggestions, we may discuss
changes during our audit. For others, including significant deficiencies or material weaknesses, we will prepare
written recommendations for your consideration.
In periods following our first audit, the majority of our understanding and documentation will be complete. Going
forward, we focus on changes that have occurred and continue performing tests of design effectiveness or
expanded testing to evaluate whether control design has remained the same.
g. Approach to be taken in determining laws and regulations that will be subject to audit test work
Identification of applicable laws and regulations will begin with an inquiry of the City as to your understanding of
applicable laws and regulations. In addition, our reviews of various documents, indentures, agreements, etc., will be
designed to further assess that all known laws and regulations are encompassed within the scope of the audit. We are
experienced in auditing public sector entities in the state of Colorado and are familiar with the laws and regulatory
environment in which you operate.
h. Approach to be taken in drawing audit samples for purposes of tests of compliance
The sampling approach anticipated to be used in connection with the various areas of the audit is judgmental in nature.
The size and nature of the population being tested, along with the assessed risk of the associated financial statement
line item affected, will determine the size and approach for selecting a sample. All sample sizes will be sufficient to
meet all requirements of the various state and federal laws and regulations. We anticipate using data extraction tools,
such as ACL’s data extraction and analysis software, in certain situations in selecting and testing samples or complete
populations, where appropriate.
9. IDENTIFICATION OF ANTICIPATED POTENTIAL AUDIT PROBLEMS
The proposal should identify and describe any anticipated potential audit problems, the firm’s approach to resolving
these problem and any special assistance that will be requested from the City of Fort Collins.
ACCOUNTING ISSUES
While we do not anticipate significant audit problems, we understand the importance of good channels of
communication with key engagement team members to facilitate the discussion of issues that may arise. Once we
commence final fieldwork, we would ask for management’s participation in weekly progress meetings that would
facilitate such communication and allow for timely identification and response to problems that may be encountered.
When accounting issues arise, e.g., potential errors or interpretation differences, communication becomes even more
important. Our communication process essentially consists of the following actions:
Putting the Moose on the Table – We will make you aware of the potential issue, even if we may not yet have all
the facts to result in a conclusion.
Understanding Your Analysis First – We will listen to your analysis of the facts that led to the accounting decision
or disclosures considered.
Seeking Help – In addition to the immediate team’s research, we may reach out to others with specialized industry
or service experience to provide guidance and may consult with regional and national resources to evaluate the
issue as required.
Finding the Appropriate Resolution – We will share the facts as we have them, the guidance we have used and the
conclusions we think are appropriate for resolution.
Your engagement executive is responsible for communicating accounting and audit-related issues with management
and will take the lead on any significant accounting matters.
16
OUR EXPECTATIONS OF YOUR STAFF
In working with similar clients, we have developed efficient approaches that aim to avoid wasted effort. Your
participation helps control costs, reduce unnecessary disruptions and meet deadlines.
We need your team to maintain records in good condition, provide the necessary schedules and cooperate with our
audit team. Most clients routinely prepare these records and schedules during their normal monthly or annual closing
process.
Specific assistance from your personnel may include:
Preparing a complete and accurate general ledger trial balance by account, to which very few adjustments are
needed
Preparing accurate audit schedules to support all significant balance sheet and certain other accounts
Responding to auditor inquiries
Preparing confirmation and other letters
Pulling selected invoices and other documents from files
Helping to resolve any differences or exceptions noted
Completing documentation of internal controls
Completing financial statements and footnote information
We will provide a list of the needed schedules well in advance of any deadlines, as well as spreadsheet templates for
many of these schedules. We also will meet with your staff, as needed, to help them clearly understand what we need.
17
10. REPORT FORMAT
The proposal should include sample formats for required reports.
18
19
20
21
22
23
24
25
26
27
32
APPENDIX
33
OUR COMMITMENT TO SUSTAINABILITY
For the City, sustainability and environmental awareness lie at the heart of your core values. These are not just
idealistic concepts for the future, they are the way you do business today. BKD appreciates and embraces efforts to
protect the environment and has undergone a number of specific steps to do our part.
When relocating our National Office in Springfield, Missouri, we made a conscious decision to select a developer and
builder who would construct an environmentally responsible building. The Opus Corporation, specializing in
sustainable development, designed and constructed the building with the express purpose of achieving Leadership in
Energy and Environmental Design (LEED®
) Certification, a process coordinated through the United States Green
Building Council (USGBC).
In October 2010, BKD was awarded the USGBC Gold Certificate. Reasons cited for the award include our efforts
during construction to lower operating costs, reduce waste in landfills, conserve water and energy and reduce harmful
greenhouse emissions. In addition, more than 75 percent of construction wastes were salvaged or recycled. Our green
building includes many environmentally focused features, such as low-flow plumbing fixtures, energy-efficient heating
and air systems, water-efficient landscaping and a white roof designed to reduce urban heat. Our green efforts that
directly benefit our professionals are apparent in our internal recycling programs, bicycle storage and changing rooms.
In addition, your BKD audit engagement will be conducted in a paperless environment. That means, to the extent
possible, audit documentation will be obtained and maintained electronically.
34
PROPOSER GUARANTEES
35
BKD PARTNERS & PRINCIPALS
As of July 2018, BKD’s partners and principals include:
A.J. Pearl, CPA
Abraham J. Cole, CPA
Adam B. Zieren, CPA
Adam W. Smith, CPA
Allan M. Blum, CPA
Andrew A. Rinzel, CPA
Andrew D. Klemens, CPA
Andrew M. Richards, CPA
Andrew M. Williams, CPA
Angela M. Miratsky, CPA,
CHFP®
, FHFMA
Angela R. Morelock, CPA,
ABV, CFE, CFF
Ann M. King White, CPA
Ann M. Puckett, CPA
Anna Shaferova, CPA
Anthony D. Kruse, CPA
Anthony J. Balistreri, CPA
Anthony J. Pasternak, CPA
Anthony M. Perazzo, CPA
Anthony M. Spratte, CPA
Ari Rothkopf, CPA
Barry Adamson, CPA
Barry L. Davis, CPA
Benjamin D. Howard, CPA
Bradley K. Brotherton, CPA
Bradley R. Monahan, CPA
Brandon L. Shirley, CPA
Brian D. Matlock, CPA
Brian D. Todd, CPA
Brian D. West, CPA
Brian J. Mischel, CPA
Brian P. Hickman, CPA
Brian T. Mall, CPA
Bruce L. Meister, CPA
Bryan B. Bodnar, CPA
Bryan J. Wright, CPA
Bryant B Macaraeg, CPA
C. Travis Webb, CPA
Camille B. Lockhart, CPA
Cara L. Benningfield, CPA
Cary D. Hines, CPA
Chad E. Gassen, CPA
Chad M. Garber, CPA
Chad M. Moore, CPA
Chad W. Back
Cheryl A. Clauson, CPA
Chris J. Lindner, CPA,
CGFM®
Chris M. Van Long, CPA
Christopher Dalton, CPA
Christopher J. Doolittle, CPA
Christopher J. Kramer, CPA
Christopher J. Murphy, CPA
Christopher J. Telli, CPA
Christopher M. Linck, CPA
36
Gregory D. Rexing, CPA
Gregory E. Usry, CPA
Gregory S. Sissel, CPA
H. Bryan Callahan, CPA,
CFF, CFE, CVA
Harold Gelernter, CPA
Holly M. Pantzer, CPA
Isabel P-D Santner, CPA
J. Christopher Clark, CPA
J. Corey Jennings, CPA
J. Mark Lundy, CPA
J. Randy Vogel, CPA
J. Scott Golan, CPA
J. Scotty White, CPA
Jack E. Thurman, CIMA®
Jacob A. Beniawski, CPA
James E. Creeden, CPA
James M. Anderson, CPA
James P. Regnier, CPA
Jason A. Myers, CPA
Jason J. Barb, CPA, CHFP®
,
FHFMA
Jason L. Rader, CPA
Jason W. Bombeck, CPA
Jay A. Hargis, CPA
Jaye L. Waynick, CPA
Jean M. Nyberg, CPA
Jeffrey A. Layman, CFA®
Jeffrey E. Allen, CPA
Jeffrey E. Beach, CPA, CVA
Jeffrey M. Ronsse, CPA
Jeffrey R. Naig, CPA
Jeffrey T. Conrad, CPA, JD
Jeffrey T. Deane, CPA
Jeremy D. Carnahan, CPA
Jerry M. Goolsby, CPA
Jerry T. Henderson, CPA
Jesse A. Frommer, CPA
Jesse L. Palmer, CPA
Jim P. Still, CPA
Jody A. Gauthier, CPA
Joel R. Dziedzic, CPA, CIT
John D. Schlagenhauf, CPA
John E. Bourquard
John E. Curry, CPA
John M. Kmetz, CPA
John M. Mather, CPA
John R. Bruce, CPA
John W. Steffes, CPA
Jon A. Unroe, CPA
Jon M. McDowell, CPA
Jon P. Redelsperger, CPA
Jonathan D. Harris, CPA
Joseph D. Meyer, CPA
Joseph E. Roos, CPA, CFE
Joseph M. Watt, CPA
Joseph P. Vande Bosche,
CPA
37
Michelle M. Brekken, CPA
Monica Fraczek, CPA
Nancy E. Ozuna, CPA
Olivia B. Host, CPA
Pamala D. Renninger, CPA
Patricia Quintana-Perron,
CPA
Paul M. Koster, CPA
Peder R. Johnson, CPA
Peter J. Kern, CPA
Preston G. “Tracy” Young
III, CPA
Rachel R. Dwiggins, CPA
Randy A. Biernat, CPA,
ABV
Randy D. Oberdiek, CPA
Randy F. Throener, CPA
Richard T. Wittgren, CPA
Rick L. Klahsen, CPA
Robert A. Wedding, CPA
Robert D. MaCoy, CPA
Robert E. Opitz, CPA
Robert E. Purdy, CPA, CTFA
Robert J. Pruitt, CPA
Robert J. Wagner II, CPA
Robert M. Swartz, CPA
Robert T. Johnson, CPA
Robert W. Brandenburg,
CPA, FHFMA
Robert W. Conner, CPA
Robyn A. Devore, CPA
Russell L. Romanelli, CPA
Ryan S. Reiff, CPA, CHFP®
S. Todd Burchett, CPA,
ABV, ASA, CFF, CFE
Scott A. Humphrey, CPA
Scott C. Dowling, CPA
Scott C. Termine, CPA
Scott J. Brouillette
Scott L. Fields, CPA
Scott R. Bezjak, CPA,
CGMA®
Scott W. Gold, CPA
Shaun D. McLean, CPA
Shaun P. Duffin, CPA, ABV,
ASA, CMA®
, CFM
Shawn R. Grotte, CPA
Sherri W. Greenwood, CPA
Stephanie C. Weis, CPA
Stephen H. Heilman, CPA
Steve K. Holden, CPA
Steven D. Warren, CPA
Steven H. Martin, CPA
Steven L. Toomey, CIMA®
Steven L. Webb, CPA
Sue Brammer, CPA, CHFP®
,
FHFMA
38
PROPOSER WARRANTIES
39
ADDENDA
We received Addendum No. 1 on August 3, 2018.
We received Addendum No. 2 on August 8, 2018.
40
FUTURE NEGOTIATIONS
Upon being selected as the successful bidder, BKD may require modification to the terms and conditions, as referenced
in the RFP, to comply with professional standards and/or BKD’s policies. As BKD has successfully resolved similar
terms and conditions with other municipalities, BKD is confident the parties can successfully negotiate a mutually
acceptable agreement.
41
AICPA PEER REVIEW LETTER
42
BKD PEER REVIEW REPORT
43
UNMATCHED CLIENT SERVICE
44
BKD FIRM PROFILE
45
BKD PRIDE VALUES
Finance Administration
215 N. Mason
2nd Floor
PO Box 580
Fort Collins, CO 80522
970.221.6788
970.221.6782 - fax
fcgov.com
Special Finance Committee Meeting Minutes
09/05/2018
3 - 5 pm
CIC Room - City Hall
Council Attendees: Mayor Wade Troxell, Ross Cunniff, Ken Summers
Staff: Darin Atteberry, Mike Beckstead, John Duval, Gerry Paul, Travis Storin, John
Voss, Jennifer Selenske, Kerri Ismael, Jeff Barnes (Library District) Kirsten Howard
(Poudre Fire Authority)
Meeting called to order at 3:04 pm
URA – next URA Board meeting – let them know what we have done – context
Josh Birks and staff have been working – looking at those issues
To Council on the 18th
for resolution
A. Auditor Vendor Selection
Travis Storin, Accounting Director
Gerry Paul, Purchasing Director
John Voss, Senior Manager Accounting
SUBJECT FOR DISCUSSION: Selection of Audit Firm
EXECUTIVE SUMMARY: The purpose of this item is to interview two finalists for financial audit
services. A Request for Proposal (RFP) was issued and seven firms made proposals. A team of eight
that included staff from the City, PFA and Library reviewed the written proposals and recommend BKD
and Clifton, Larson Allen for consideration by the Council Finance Committee.
GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED
• Recommend an audit firm for subsequent selection via City Council Resolution.
BACKGROUND/DISCUSSION
ATTACHMENT 3
2
Process Overview: Each firm will have up to 15 minutes to present, followed by 30 minutes for
questions from the Committee. At the end of the interviews the Committee will discuss and
recommend an audit firm. Staff that reviewed the written proposals will be available to answer
questions from the Committee.
The Committee recommendation will be brought to City Council on September 18.
The auditor selected will have annual contracts that are renewable for a maximum of 5 years, and per
recent Code modifications are eligible to be competitively selected for one additional 5-year period, for
a maximum tenure of 10 years for a given firm.
Firm Name: CLA Clifton, Larson Allen LLP
Headquarters in Minneapolis, MN – Denver regional office in Broomfield
Paul Niedermuller, CPA Principal
130 in Government practice, 175 employees in Colorado
Recruit from CSU, UCD among others
Firm Name: BKD
Headquarters in Springfield, MO
Jeff Ronsse, Colorado Managing Partner
Chris Telli, Engagement Partner
38 offices in 17 states. Newest office is in NYC
Recruit from CSU, UNC, Fort Lewis, Regis University among others.
Council Finance Committee discussed both presentations based on the evaluation criteria (below)
3
Post Interview Discussion:
Assessment Criteria:
- Scope of the proposal and interview
- Assigned personnel qualifications
- Cost and commitment to meet the City’s annual audit timeline
- Firm capability & reputation
Following the discussion, Ross Cunniff made a motion to recommend BKD as the full partner to City
Council. Ken Summers seconded the motion. The motion passed unanimously. The Committee
recommendation will be brought to City Council on September 18.
Meeting adjourned at 5:00 pm
-1-
RESOLUTION 2018-086
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE PROCUREMENT OF SERVICES FOR AN
ANNUAL INDEPENDENT AUDIT OF THE CITY’S FINANCIAL RECORDS
WHEREAS, the City Council is required by Section 17 in City Charter Article II to
provide an annual independent financial audit of the City’s books and accounts conducted by a
public accounting firm; and
WHEREAS, City Code Section 8-158 sets out the process by which such accounting
services, as well as similar professional services, are procured by the City through competitive
sealed proposals; and
WHEREAS, paragraph (n) of Section 8-158 specifically provides that if the proposals are
for the services of a public accounting firm to conduct the annual independent audit of the City’s
books and accounts as required in Section 17 of Charter Article II, those proposals are to be
reviewed and the interviews conducted by the City Council or a committee of the Council in a
public meeting and Council’s selection of the winning proposal is to be conducted in a public
meeting; and
WHEREAS, the City’s Purchasing Agent recently issued a request for proposals (the
“RFP”) for a public accounting firm to conduct the City’s annual independent audit under a
professional services agreement for the City’s 2018 fiscal year, with the agreement to be
renewable annually for the City’s fiscal years 2019 through 2022, and to include the annual
audits for the Poudre Fire Authority (the “PFA”), the Fort Collins Urban Renewal Authority (the
“URA”), the Fort Collins Downtown Development Authority (the “DDA”) and the Poudre River
Public Library District (the “Library District”); and
WHEREAS, under intergovernmental agreements or as provided by law, the City
provides accounting and other financial services to PFA, the URA, DDA and the Library District
and, as part of those services, also contracts for the annual audits for each of these other entities
as part of the City’s procurement of its annual auditing needs; and
WHEREAS, in response to the RFP, the City received seven proposals and these seven
proposals were reviewed by the Purchasing Agent and other City staff, together with staff
representatives from PFA and the Library District, and these reviewers selected two of the
proposals for review and interviews by the Council Finance Committee (the “Finance
Committee”); and
WHEREAS, on September 5, 2018, the Finance Committee held a special meeting at
which it reviewed the two proposals submitted to it by the staff reviewers and it interviewed
representatives from the two public accounting firms submitting those proposals; and
WHEREAS, after the interviews, the Finance Committee voted unanimously to
recommend to City Council that it select the national public accounting firm of BKD LLP
-2-
(“BKD”) to conduct the annual audits for the City, PFA, the URA, DDA and the Library District
as requested in the RFP; and
WHEREAS, the City Council agrees with the Finance Committee’s recommended
selection of BKD and finds that this selection is in the best interests of the City, PFA, the URA,
DDA and the Library District.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
FORT COLLINS, COLORADO, as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That the selection of BKD to conduct the annual independent financial
audits requested in the RFP is hereby approved and the City’s Purchasing Agent is directed and
authorized to enter into a professional services agreement with BKD for it to provide the annual
independent financial audits described in the RFP under the terms and conditions set forth in
BKD’s proposal and the RFP. Provided, however, that the Purchasing Agent is authorized to
negotiate with BKD and agree to the final contract price and the precise scope of work as
authorized in City Code Section 8-158(l) and to agree to such other terms and conditions that are
consistent with the RFP, in the best interest of the City and in a legal form approved by the City
Attorney as provided in City Code Section 8-185.
Passed and adopted at a regular meeting of the Council of the City of Fort Collins this
18th day of September, A.D. 2018.
_________________________________
Mayor
ATTEST:
_____________________________
City Clerk
Susan M. Miller, CPA,
FHFMA
Susan W. Jones, J.D.
T. Carley Williams, CPA
T. Teal Dakan, CPA
Tad A. Goodenbour, CPA
Tammy J. Rivera, CPA
Theodore D. Dickman, CPA
Thomas B. Murtagh, CPA
Thomas F. Wheeland, CPA
Thomas J. Miller, CPA
Timothy A. Jackson, CPA
Timothy D. Johnson, CPA
Timothy J. Adler, CPA
Timothy J. Wilson, CPA
Timothy L. Chitwood, CPA,
CFE
Timothy M. Hughes, CPA
Timothy T. Burns, CPA
Timothy T. Wilson, CPA,
CCIFP®
Todd E. Thorson, CPA
Todd J. Kenney, CPA
Todd J. Lisle, CPA, ABV,
CIA®
Todd J. Pefferman, CPA
Tom W. Watson, CPA,
FHFMA
Tondeé L. Lutterman, CPA
Travis S. Hudson, CPA
Trent E. Parten, CPA
Trey W. Turnage III, CPA
Trisha M. Neidig, CPA
Troy E. Hill, CPA
Troy J. Gilstorf, CPA
Vincent F. Halupczynski,
CPA
Vito G. Loisi, CPA, CIT
W. Ryan Underwood, CPA,
CFSA®
Wallace P. Wetherill, CPA
Wendy J. Henry, CPA
William A. Pickert, CPA
William D. James
William E. Rasmussen, CPA
William G. Finnecy, CPA,
CVA
Note: Certified Financial Planner Board of Standards, Inc. owns the CFP®
marks in the U.S., which it awards to
individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Joseph R. Blatt, CPA
Joseph R. Herting, CPA
Joseph S. Nelson, CPA
Joseph Weinberger, CPA
Juli C. Pascoe, CPA
Julie R. Hipsky, CPA
Justin A. Roberts, CPA
Justin D. McNabb, CPA
Keith Conine, CPA
Keith M. Messmer, CPA
Keith T. Galante, CPA
Kelly R. Hein, CPA
Kenneth M. Bishop, CPA
Kevin D. Gore, CPA
Kevin E. Cook, CPA
Kevin E. Morey, CPA
Kevin E. Pahud, CPA
Kevin G. Horn, CPA, CFA®
Kevin Kemp, CPA
Kimberly K. McKay, CPA
Kimberly S. Hamm, CPA,
CGFM
Koy K. Dever, CPA
Kraig A. Ritter, CPA
Kristen G. Bright, CPA
Kristine D. Marsh, CPA
Kurt B. Berry, CPA
Kyle G. Hesemann, CPA
L. Douglas Bennett, CPA
L. Jamison McDonald, CPA
L. Toug Plilar, CPA
Lance M. Davis, CPA
Leslie D. Wilson, CPA
Lindsey D. Oakley, CPA
Lyle S. Alexander, CPA
M. Paige Gerich, CPA
M. Steven Moore, CPA
Mark A. Wilkerson, CPA
Mark P. Sharp, CPA
Marty J. Fredericks, CPA
Marvin W. Debner, CPA
Mary Anne Pipkin, CPA
Mary E. McKinley, CPA
Matthew P. Macdonald, CPA
Matthew P. Smith, CPA,
CVA, CHFP®
Matthew P. Stout, CPA
Matthew R. List, CPA
Matthew S. Coffey, CPA
Melissa M. Pozniak, CPA
Michael A. Ososki, CPA,
CFIRS™
Michael C. Gerber, CPA
Michael C. Senko, CPA
Michael G. Wolfe, CPA
Michael J. Engle, CPA
Michael R. Earls, CPA
Michael R. Gray, CPA,
CPIM
Michael W. Burlew, CPA
Cindy H. Boyle, CPA, CIA®
,
CITP, CISA
Connie Benton Cagle, CPA
Craig C. Moffatt, CPA, CVA
Craig D. Kuechenberg, CPA
Dale C. Johnston, CPA
Danielle N. Solomon, CPA
David A. Weber, CPA
David C. Fields, CPA,
CMA®
, CFM
David C. Kottak, CPA
David E. Tate, CPA
David G. Bluemling, CPA,
CVA
David L. Leising, CPA
David M. Coleman, CPA
David M. Kot, CPA, CFE
David R. Siehoff, CPA, CFE
David R. Vasquez, CPA
David S. Freeman, CPA,
CMA®
David S. Mason, CPA
David S. Taylor, CPA
Deborah R. Whitley, CPA
Deborah S. Scanlon, CPA
Derek L. Smith, CPA
Derek R. Pierce, CPA,
FHFMA
Donald DeSoto, CPA
Donald J. Rawe, CPA
Donna M. Doerhoff, CPA,
CFE
Donna W. Bruce, CPA
Douglas E. Born, CPA
Douglas Van Meter, CPA
Drew Speed, CPA
Eddie C. Marmouget, CPA
Eric L. Hansen, CPA
Eric M. DeCoursey, CPA
Eric S. Goldfarb, CPA
Erica L. Smith, CPA
Eugene A. Morgenthaler Jr.,
CPA
Francis X. Godfrey, CPA
Frederick H. Markwell, CPA
Frederick K. Helfrich, CPA
Gary A. Edwards, CPA
Gary G. Genenbacher, CPA
Gary Kamath, CPA
Gary W. Schafer II, CPA,
CMA®
George S. Storey, CPA
Georgia L. Salinas, CPA
Gordon J. Dobner, CPA
Grant G. Glackman, CPA,
CFP®
City and County of Denver,
Colorado