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HomeMy WebLinkAboutMINUTES - 04262005 - HA1 r y w HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS 4AII FROM: Robert McEwan, Executive Director DATE: April 26, 2005 SUBJECT: AWARD CONTRACT FOR AUDITING SERVICES TO HARN & DOLAN TO PERFORM AN AUDIT OF THE HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA'S VARIOUS PROGRAMS SPECIFIC REQUEST (S) OR RECOMMENDATION (S) & BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: AWARD contract to Harn & Dolan in the amount of$31,750 to perform an independent audit for the Housing Authority of the County of Contra Costa for fiscal year 2004/05, with two options for subsequent years as stated in the contract and AUTHORIZE the Executive Director to execute said contract. II. FINANCIAL IMPACT: Funds for this contract have been included in the Housing Authority's 2005/2006 annual budget. No County General Funds are required. III. REASONS FOR RECOMMENDATION/BACKGROUND On January 22, 2005 the Housing Authority invited proposals from independent public accounting firms to perform an audit of the Housing Authority's various programs for fiscal years ending March 31, 20041 2005 and 2006. From the newspaper advertisements and mailings the Housing Authority received 6 responses from accounting firms resulting in two proposals. The audit proposals were evaluated and reviewed by the Finance Director of the Housing Authority and the Chief Auditor from Contra Costa County Auditor Controllers office. The proposals were reviewed for the mandatory criteria outlined in the Request for Proposals (RFP), technical competency and references as presented in the accounting firm's proposal and the cost of the proposal. Both firms met the mandatory criteria outlined in the RFP. The review of technical competency and references favored Harn & Dolan. Further, Harn & Dolan calls for 100% of the audit to be completed by a partner of the firm versus 25 % from Patel & Associates. Harn & Dolan's bid to complete the project was $31,750 compared to $37,025 by Patel &Associates. CONTINUED ON ATTACHMENT: YES SIGNATURE RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON o20 APPROVED AS RECOMMENDED OT ER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENTTRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED JOHN S WE TEN,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY ,DEPUTY C:\Documents and Settings\jhayes\Local Settings\Temporary Internet Files\01-MA\130-Audit Contract Award rjm.doc r April 26, 2005 Page 2 of 2 Based on these upon these facts we are recommending that Harn & Dolan be awarded this contract. The audit shall be made in accordance with Generally Accepted Auditing Standards (GAAS) issued by American Institute of Certified Public Accountants (AICPA) and Governmental Auditing Standards issued by the Comptroller General of the United States, General Accounting Office (GAO). The audit and the reports to be issued shall meet the requirements of Single Audit Act of 1984 (and Single Audit Act Amendments of 1996), OMB Circular A -133, "Audits of State, Local Governments and Non-Profit Organizations" and OMB Circular A -133 Compliance Supplement. The financial statements are to be prepared by the auditor using Generally Accepted Accounting Principles, (GAAP). The audit report and financial statements as well as all working papers will be subject to review and approval by HUD. IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect not to approve the execution of a contract with Harn & Dolan to perform the required independent audit, the Housing Authority of the County of Contra Costa would be delayed in its timely selection and performance of the Agency Wide Audit that could put the Authority out of compliance with HUD and other regulations. C:\Documents and Settings\jhayes\Local Settings\Temporary Internet Files\OLK1AM-Audit Contract Award rjm.doc