Item - 2018.AU11.5
Tracking Status
- City Council adopted this item on March 26, 2018 without amendments and without debate.
- This item was considered by the Audit Committee on February 7, 2018 and adopted without amendment. It will be considered by City Council on March 26, 2018.
AU11.5 - Award of Request for Proposal 9171-17-7291 to Welch LLP for External Audit Services for City Arenas, Community Centres and Miscellaneous Entities
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on March 26 and 27, 2018, adopted the following:
1. City Council authorize the Auditor General to negotiate and enter into an agreement in the amount of $747,000 excluding all applicable taxes and charges, $844,110 including HST and all applicable charges, $760,147, net of HST recoveries, with Welch LLP, being the proponent that met all the requirements of the Request for Proposal and providing the best overall value, for external audit services to perform the annual financial statement audits for the years ending December 31, 2018 to 2022 inclusive for City arenas, community centres and miscellaneous entities listed in Attachment 1 to the report (January 24, 2018) from the Auditor General and the Chief Purchasing Officer, Purchasing and Materials Management, on the terms and conditions set out in Request for Proposal 9171-17-7291 and in a form satisfactory to the City Solicitor.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2018/au/bgrd/backgroundfile-111779.pdf
AU11.5 - Award of Request for Proposal 9171-17-7291 to Welch LLP for External Audit Services for City Arenas, Community Centres and Miscellaneous Entities
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Audit Committee recommends that:
1. City Council grant authority to the Auditor General to negotiate and enter into an agreement in the amount of $747,000 excluding all applicable taxes and charges, $844,110 including HST and all applicable charges, $760,147, net of HST recoveries, with Welch LLP, being the proponent that met all the requirements of the Request for Proposal and providing the best overall value, for external audit services to perform the annual financial statement audits for the years ending December 31, 2018 to 2022 inclusive for City arenas, community centres and miscellaneous entities listed in Attachment 1 to the report (January 24, 2018) from the Auditor General and the Chief Purchasing Officer, Purchasing and Materials Management, on the terms and conditions set out in RFP 9171-17-7291 and in a form satisfactory to the City Solicitor.
Origin
Summary
The purpose of this report is to advise on the results of Request for Proposal (RFP) 9171-17-7291 for external audits of the annual financial statement audits for the years 2018 to 2022 inclusive for City arenas, community centres and miscellaneous entities (listed in Attachment 1), and to request authority to enter into an agreement with the recommended proponent, Welch LLP.
Background Information
https://www.toronto.ca/legdocs/mmis/2018/au/bgrd/backgroundfile-111779.pdf