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Award a contract to CliftonLarsonAllen LLP for professional auditing services <br />May 7, 2024 <br />Page 2 <br />Accounting Manager, Supervising Accountant, and Police Administrative Budget <br />Manager. 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. Thoroughness of auditors' <br />proposed scope of work, clearly defined schedule of work to be performed, and <br />ability to meet required completion dates for key parts of the audit <br />• Reasonableness of cost budget <br />Based on the Committee's evaluation and interviews with top -ranked proposers, the <br />City's current auditor, CliftonLarsonAllen LLP (CLA) was selected as the most qualified <br />firm to conduct the City's annual audit(s) and examinations (Exhibit 3). CLA <br />demonstrated a high level of technical knowledge regarding all aspects of the City's <br />engagement and experience in the field of governmental accounting and auditing with <br />similarly sized governments. Being one of the largest national accounting firms, CLA is <br />able to offer various resources including, but not limited to, information technology <br />software programs to streamline the audit process and complimentary training <br />opportunities for City staff throughout the year. In addition, they proposed to include two <br />Engagement Partners, which will provide the City with additional technical assistance in <br />implementation of complex accounting standards. Their highly experienced audit team <br />will allow the City to have a comprehensive, effective, and efficient audit. In accordance <br />with the Government Finance Officers Association best practices regarding audit <br />procurement, CLA will rotate their engagement partner and senior manager to provide a <br />fresh perspective and ensure continued objectivity. <br />CLA will conduct the following audits and reviews of the City: <br />• Financial Statement Audit (Annual Comprehensive Financial Report) <br />• Single Audit of Federal Grants <br />• Audit of Air Quality Improvement Program <br />• Appropriations Limit (GANN Limit) Review <br />• Compliance Review of the City's investment policy <br />• U.S. Department of Housing and Urban Development (HUD) Real Estate <br />Assessment Center submission attestation and review of HUD Financial Data <br />Schedule for the Housing Authority <br />• Preparation of the City's State Controller's Report <br />• Measure X (Sales Tax) Compliance Report <br />