Posted: July 08, 2016
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF071316-08

Agenda Item Title:

Award Contract to Ketel Thorstenson to Perform Audit of the Financial Statements of the City of Rapid City for Calendar Years 2016, 2017 and 2018

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
07/13/2016
City Council Hearing Date:
07/18/2016
Staff Contact:
Pauline Sumption
Agenda Item Summary:
A request for proposals was sent to both Ketel Thorstenson and Casey Peterson & Associates. Based on the proposals received, it is staff’s recommendation to award the contract to Ketel Thorstenson for years 2016, 2017 and 2018 with fieldwork to commence in July of the following years. Cost would be $49,000, $51,000 and $53,500, respectively, plus $2,500 per Uniform Guidance program in excess of one (estimated at a total of 2 per year).

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Included in the finance budget for the approved 2016 and proposed 2017 budgets

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

pdf Lf071316-08.Audit Proposal Summary (12 KB)

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