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HomeMy WebLinkAboutResolution 2019-037 N.C.S. 04/01/2019Resolution No. 2019-037 N.C.S. of the City of Petaluma, California RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A PROFESSIONAL SERVICES AGREEMENT WITH BADAWI & ASSOCIATES TO PROVIDE AUDIT SERVICES TO THE CITY OF PETALUMA FOR THE FISCAL YEAR ENDING JUNE 30, 2019 WITH TWO POTENTIAL ONE YEAR RENEWALS WHEREAS, the City has solicited bids from audit firms to provide audit services for the City of Petaluma; and WHEREAS, the City has received proposals from six audit firms; and WHEREAS, the City has evaluated the proposals and selected Badawi & Associates as the contract awardee. NOW, THEREFORE, BE IT RESOLVED that the City Council authorizes the City Manager to enter into a Professional Services Agreement acceptable to the City Manager and City Attorney with Badawi & Associates to provide audit services, pursuant to the scope of services provided by Badawi & Associates attached as Exhibit A to this resolution and incorporated herein, for the fiscal year ending June 30, 2019 in an amount not to exceed $64,955, and for two renewal periods at the City's sole discretion, not to exceed $66,095 for the fiscal year ending June 30, 2020 and $67,315 for the fiscal year ending June 30, 2021. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by theproved as to Council of the City of Petaluma at a Regular meeting on the 15` day of April 2019, 11 form: by the following vote: City Attorney AYES: Mayor Barrett; Fischer; Healy; Kearney; King; Vice Mayor McDonnell; Miller v NOES: None ABSENT: None ABSTAIN: None ATTEST: 01 City Clerk Mayor Resolution No. 2019-037 N.C.S. Page 1 For Professional Auditing Services for City of Petaluma For fiscal years ending June 30, 2019, with the option to renew the contract for two additional years. February 19, 2019 Contact Person: Ahmed Badawi, CPA Badawl & Associates Certified Public Accountants 180 Grand Avenue, Suite 1600 Oakland, CA 94612 Phone: (610) 768-8244 Fax: (510) 768-8249 E-mail: abadawlab-acpa.com coy BADAWt&ASSOCIATES CERTIFIED PUBLIC ACCOUNTANTS Exhibit A Resolution No. 2019-037 N.C.S. Page 2 City of Petaluma Name of Firm and Certification Name.of Firm: Badawi & Associates Address: 180 Grand Avenue, Suite. 1500 City, State, Zip: Oakland, CA 94612 Contact Name: Ahmed Badawi Contact Telephone Number(s): 510-768-8244 Contact Fax Number(s): 510-768-8249 Contact E-mail Address: abadawift-acpa.com Cost Proposal I, the undersigned, certify I am duly authorized to represent the above named firm and am empowered to submit this bid. In addition, I certify I am authorized to contract with the City on behalf of the above named firm. The Firm will honor the prices listed in this proposal for 180 days from the submittal deadline. President February 19, 2019 Signature Title Date Ahmed Badawi Name (print) AL E �) SADAWI&ASSOCIATES CCRTIFtED PUBLIC ACCOUNTANTS Resolution No. 2019-037 N.C.S. Page 3 City of Petaluma Cost Proposal Schedule of professional Fees and Total All-inclusive Maximum Price Service 2019 , ,` 2020 2021 Audit of City $ 48,390 $ 49,160 $ 50,290 Single Audit Report 4,975 5,025 5,195 Transportation Development Act 3,485 3,590 3,515 State Controller's Report 4,975 5,025 5,195 Transit and Paratransit Report 2,540 2,675 2,470 Gann Limit 590 620 650 16,770 Audit Senior 206 85 Total51; 199 90' 17,910 Total 691. $ b4,955, 668 ;$ 66,095_. ,. 648 ": $,67315. Rates for Additional Professional Services: Any services outside the scope of our engagement will be promptly identified before the services are rendered. Upon mutual agreement, the out -of -scope services will be separately billed at our standard hourly rates. While It can be difficult to simply state hourly rates, as often times the needs of the client and the specific tasks directly impact the billing rates for our services, we want to provide the following information regarding our published billing rates: Hours FY 2019 Rates Amour'': .,Hours - �Y 2020 = Rates AmounE Hours , ) Y 2021 .Rates `Amount Partner 69 $ 150 $ 10,350 67 $ 155 $ 10,385 64 $ 160 $ 10,240 Audit Manager 137 120 16,440 132 125 16,500 129 130 16,770 Audit Senior 206 85 17,510 199 90' 17,910 193 95 18,335 Professional Audit Staff 253 75 18,975 246 80 19,680 238 85 20,230 IT Specialists 2 120 240 1 125 125 1 130 130 Administrative Assistant 24 601 1,440 1 23 1 65 1 1,495 1 231 70 1 1,610 Total 691. $ b4,955, 668 ;$ 66,095_. ,. 648 ": $,67315. Rates for Additional Professional Services: Any services outside the scope of our engagement will be promptly identified before the services are rendered. Upon mutual agreement, the out -of -scope services will be separately billed at our standard hourly rates. While It can be difficult to simply state hourly rates, as often times the needs of the client and the specific tasks directly impact the billing rates for our services, we want to provide the following information regarding our published billing rates: Our Standard Hourly Rates are adjusted annually by 3% for Cost of Living and Inflation Adjustments >t BADAWI &ASSOCIATES CERTIFIED PUOLIC ACCOUNTANT$ Resolution No. 2019-037 N.C.S. Page 4 Partner $ 200 EQR 200 Manager 150 Senior 125 Staff 100 IT 150 Admin. 75 Our Standard Hourly Rates are adjusted annually by 3% for Cost of Living and Inflation Adjustments >t BADAWI &ASSOCIATES CERTIFIED PUOLIC ACCOUNTANT$ Resolution No. 2019-037 N.C.S. Page 4 City of Petaluma Cost Proposal A client relationship with the City will be of great value to our Firm and we welcome the opportunity to develop a long-term relationship with the City. We are committed to; • Rendering the highest standard of service. • Developing a long-term working relationship dedicated to meeting the needs of the City. • Assisting the City in operational issues. • Producing a quality end -product. We have the technical qualifications and experience to provide the level of service desired and expected by the City and stand ready to provide our knowledge and experience for the benefit of your organization. We would like to express our appreciation to the City and to its Staff for allowing us the opportunity to submit a proposal to perform professional auditing services. We are available, at your convenience, to discuss any aspects of our proposal. Thank you for allowing us to present our Firm to you. P BADAWI&ASSOCIATES CSR ri("ICU PUC;UC At: G�JUNTANI'$ Resolution No. 2019-037 N.C.S. Page 5