HomeMy WebLinkAbout2018-086-09/18/2018-AUTHORIZING THE PROCUREMENT OF SERVICES FOR AN ANNUAL INDEPENDENT AUDIT OF THE CITY'S FINANCIAL RECO RESOLUTION 201&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 Il, 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'D 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("BKD")
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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(1)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
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