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Agreement for Professional Auditing Services <br />May 4, 2021 <br />Page 2 <br />Finance & Management Services Agency, Accounting Manager, and Supervising <br />Accountant. The evaluation was based on the following factors: <br />• Technical qualifications and experience of key members of the engagement team <br />and the firm <br />• Experience with similarly sized governmental agencies in providing the types of <br />services outlined in the RFP <br />• Financial stability and resources to handle all aspects of the engagement as <br />specified in this RFP and provide ongoing support and technical assistance <br />throughout the term of the agreement <br />• Compliance with the requirements of the RFP. <br />• Thoroughness of auditors' proposed scope of work, clearly defined schedule of <br />work to be performed, and ability to meet required completion dates for key parts <br />of the audit <br />• Reasonableness of cost budget <br />Based on the Committee's evaluation and review of references, CliftonLarsonAllen LLP <br />(CLA) was selected as the most qualified firm to conduct the City's annual audit(s) and <br />examinations (Exhibit 3). They demonstrated a high level of technical knowledge <br />regarding all aspects of the City's engagement, and experience in the field of government <br />accounting and auditing with similarly sized governments. CLA, one of the leading <br />national accounting firms, acquired the City's current auditors, White Nelson Diehl Evans <br />LLP in October 2020. <br />In accordance with the Government Finance Officers Association best practices, CLA will <br />rotate their engagement partner and senior manager to provide a fresh perspective and <br />ensure continued objectivity. CLA is also able to offer the resources of a national firm, <br />including but not limited to, various information technology software programs to <br />streamline the audit process and complimentary training opportunities for City staff <br />throughout the year. <br />Additionally, the firm has proposed to include two Engagement Partners, which will <br />provide the City with additional technical assistance in implementation of complex <br />accounting standards. Their highly experienced audit team will allow the City to have a <br />comprehensive, effective, and efficient audit. <br />CLA will conduct the following audits and reviews of the City: <br />• City Audit (Comprehensive Annual Financial Report), including management and <br />audit committee letters <br />• Single Audit of Federal Grants <br />• Audit of Air Quality Improvement Program <br />• GANN Limit Review <br />• Compliance Review of the City's investment policy <br />