Item 31 - Contract to Grant Thornton Public Sector LLC for American Rescue Plan Act

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Grant Thornton Public Sector LLC City of Santa Ana | RFQ 21- 093 Revised Proposal Use or disclosure of data contained on this sheet is subject to the restriction on the title page of this proposal or quotation. 30 Our approach to regulatory compliance advisory combines data-driven financial analytics support with a robust documentation management strategy. Grant Thornton’s compliance team leverages expertise in uniform guidance and ARPA regulation to develop project-specific cost validation worksheets. Consultants work directly with City staff to collect and archive supporting documentation in preparation for single audit. Grant Thornton specialists will thoroughly analyze project documentation to determine cost eligibility and compliance under federal guidelines and advise the City on potential non-compliance risk if identified. Further, our staff will produce workpapers, support packages, and policy positions supporting eligibility determinations in preparation for single audit. Grant Thornton specialists will also support the City in completing reporting requirements mandated under ARPA and uniform guidance. Our staff is versed in Treasury reporting regulations and will work directly with City officials to produce any required reporting, including Interim, Project and Expenditure, and Recovery Plan Performance reports. Grant Thornton’s financial analysis and support packages play an integral role in fulfilling reporting requirements, aiding City staff in confirming eligibility figures and providing performance reporting. Finally, our team will aid in responding to any potential audit findings arising from single audit inquiry. Throughout the duration of project performance Grant Thornton will build comprehensive eligibility documents informed by expert knowledge of audit proceedings and regulatory requirements. We will use our evidentiary backlog to aid the City in demonstrating compliance and rationale behind eligibility determinations. Our staff will aide in stakeholder management, policy development, and compliance advisory in real time while navigating the audit process. Our team has significant experience providing regulatory compliance advisory in preparation for audit to public sector stakeholders. Our work with New Castle County in Delaware highlights our recent experiences validating cost claims in dynamic and emerging regulatory environments. We helped the County navigate federal funding streams provided under the CARES act using many of the strategies described above, and helped the county manage major procurement programs involving numerous stakeholders. Our work with the State of Florida and the State of Texas also demonstrates our strengths in preparing cost validations for federal dollars under demanding timelines. We helped these major entities track, manage, and validate millions in federal funding involving hundreds of stakeholders. Grant Thornton is prepared to provide our compliance advisory services for the City of Santa Ana as you manage ARPA funding across your departmental programs. We have the experience, strategy, and expertise to aid the City as it navigates funding in this complex regulatory environment. Our team has served many of the nation’s largest and most complex State and Local stakeholders, and we will provide your City with the same quality of support throughout the duration of your funding streams. 2.4.6 Develop internal communication materials including but not limited to emails, PowerPoint, and memorandums to facilitate awareness regarding both City and Department of Treasury guidelines related to the use of ARPA (SLFRF) funds As identified in the City’s revised scope of work, the Grant Thornton team will be available to meet with City Finance and City Project Managers on timescales that make sense for each individual’s capacity and capability and at least quarterly. The City’s finance staff and project managers will have instant access to the latest developments in the SLFRF guidance and requirements as well as instant access to on-demand technical assistance services through their assigned Team Grant Thornton point-of-contact and the Team Grant Thornton Project Manager. As a communications cadence is established, our team will work diligently to maximize the time spent with the City’s finance staff and project managers with prepared agendas to extract data and information necessary for reporting and compliance documentation, address and research issues as they arise, and communicate the latest developments with the SLFRF. In New Castle County, Grant Thornton works with both the County’s CFO and Internal Auditor respond to questions that arise from their outside single audit firm on the County’s spending of its $322 million in CRF monies. We have helped respond to preliminary finding on the County’s FY 20 Single Audit before it was finalized and published.