1 AGREEMENT FOR PROFESSIONAL CONSULTING SERVICES
THIS AGREEMENT FOR CONSULTING SERVICES (this “AGREEMENT”) is made and entered into this 22nd day of March, 2022, by and between the CITY OF LANCASTER, a municipal corporation and charter city (the “OWNER”), and CliftonLarsenAllen LLP (the “CONSULTANT”).
RECITALS
WHEREAS, OWNER desires to engage CONSULTANT to perform certain technical and professional services, as provided herein, identified as:
PROFESSIONAL AUDITING SERVICES FOR
FISCAL YEARS 2022/23, 2023/24, 2024/25
WHEREAS, the principal members of CONSULTANT are qualified and duly registered/licensed under the laws of the State of California, and CONSULTANT desires to accept such engagement;
NOW, THEREFORE, the parties agree as follows:
1. Parties.
The parties to this AGREEMENT are:
A. OWNER: City of Lancaster.
B. CONSULTANT: CliftonLarsonAllen LLP
2. Notices. All written notices required by or related to this AGREEMENT shall be sent by Certified Mail, Return Receipt Requested, postage prepaid and addressed as listed below. Neither party to this AGREEMENT shall refuse to accept such mail; parties to this AGREEMENT shall promptly inform the other party of any changes of address. All notices required by this AGREEMENT are effective on the day of receipt, unless otherwise indicated herein.
OWNER City of Lancaster
Attn: George Harris
44933 North Fern Avenue
Lancaster, California 93534
CONSULTANT Nitin Patel, Principal
CliftonLarsonAllen LLP
2875 Michelle Drive, Suite 300
Irvine, CA 92606
3. Successors and Assigns. The terms hereof shall be binding upon and inure to the benefit of the successors and assigns of the parties hereto; provided, however, that no party hereto shall assign any of the benefits and burdens hereunder, whether voluntarily or by operation of law, without prior written consent of the other party, and any such assignments without said consent shall be void.
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2 4. Incorporation by Reference. The CONSULTANT’S Proposal is hereby incorporated in and made a part of this AGREEMENT. CONSULTANT agrees to comply with all of the requirements set forth therein.
5. Precedence of AGREEMENT Documents. If there is a conflict between AGREEMENT documents, the document highest in precedence shall control. The precedence shall be:
First: This AGREEMENT
Second: The CONSULTANT’S Proposal
6. Description of Work. OWNER hereby engages CONSULTANT, and CONSULTANT accepts such engagement, to perform the technical and professional services set forth in the “Scope of Services” attached hereto as Exhibit “A”. CONSULTANT shall perform and complete, in a manner satisfactory to OWNER, all work and services set forth in Scope of Services. The Director of Finance or his or her designee shall have the right to review and inspect the work during the course of its performance at such times as may be specified by the Director of Finance, or his or her designee.
7. Obligations of the OWNER.
A. The total compensation to be paid by OWNER to CONSULTANT for all work and services described in Scope of Services is lump sum $294,600.00. CONSULTANT’S fees and charges for the work and services performed shall in no event exceed those set forth in Exhibit “B” attached hereto and made a part hereof.
B. No payment made hereunder by OWNER to CONSULTANT, other than the final payment, shall be construed as an acceptance by OWNER of any work or materials, nor as evidence of satisfactory performance by CONSULTANT of its obligations under this AGREEMENT.
8. Obligations of the CONSULTANT.
A. CONSULTANT shall perform as required by this AGREEMENT. CONSULTANT also warrants on behalf of itself and all subcontractors engaged for the performance of this AGREEMENT.
B. CONSULTANT shall be responsible for payment of all employees' and subcontractor's wages and benefits, and shall comply with all requirements pertaining to employer's liability, workers' compensation, unemployment insurance, and Social Security.
9. Audit. OWNER shall have the option of inspecting and/or auditing all records and other written materials used by CONSULTANT in preparing its statements to OWNER as a condition precedent to any payment to CONSULTANT.
10. Hold Harmless and Indemnification. CONSULTANT agrees to indemnify and hold harmless the OWNER, its officers and employees, from and against any and all claims, losses, obligations, or liabilities whatsoever, including reasonable Attorney’s fees, incurred in or in any manner arising out of or related to CONSULTANT’S negligent or willful wrongful acts, errors or omissions, or those of its employees or agents.
CONSULTANT agrees to defend OWNER, its officers and employees, from and against any and all claims arising from any alleged negligent or wrongful acts, errors or omissions on the part of CONSULTANT or on the part of its employees.
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3 11. Amendments. Any amendment, modification, or variation from the terms of this AGREEMENT shall be in writing and shall be effective only upon mutual written approval by the Director of Finance and CONSULTANT.
12. Non-Discrimination and Equal Employment Opportunity.
A. In the performance of this AGREEMENT, CONSULTANT shall not discriminate against any employee, subcontractor, or applicant for employment because of race, color, religion, ancestry, sex, national origin, physical or mental disability or age. CONSULTANT will take affirmative action to ensure that subcontractors and applicants are employed, and that employees are treated during employment without regard to their race, color, religion, ancestry, sex, national origin, physical or mental disability or age. Affirmative action relating to employment shall include, but not be limited to the following: employment, upgrading, demotion or transfer; recruitment; layoff or termination; rates of pay or other forms of compensation; and selection for training including apprenticeship.
B. The provisions of subsection A above shall be included in all solicitations or advertisements placed by or on behalf of CONSULTANT for personnel to perform any services under this AGREEMENT. OWNER shall have access to all documents, data and records of CONSULTANT and its subcontractors for purposes of determining compliance with the equal employment opportunity and non- discrimination provisions of this Section.
13. Termination for Convenience. The governing board of the OWNER may terminate this AGREEMENT at any time without cause by giving fifteen (15) days written notice to CONSULTANT of such termination and specifying the effective date thereof. In that event, all finished or unfinished documents and other materials shall, at the option of OWNER, become the OWNER's property. If this AGREEMENT is terminated by OWNER as provided herein, CONSULTANT will be paid a total amount equal to its costs as of the termination date, plus ten percent (10%) of that amount for profit. In no event shall the amount payable upon termination exceed the total maximum compensation provided for in this AGREEMENT.
14. Termination for Cause.
A. The governing board of the OWNER may, by written notice to CONSULTANT, terminate the whole or any part of this AGREEMENT in any of the following circumstances:
(1) If CONSULTANT fails to perform the services required by this AGREEMENT within the time specified herein or any authorized extension thereof; or
(2) If CONSULTANT fails to perform the services called for by this AGREEMENT or so fails to make progress as to endanger performance of this AGREEMENT in accordance with its terms, and in either of these circumstances does not correct such failure within a period of ten (10) days (or such longer period that OWNER may authorize in writing) after receipt of notice from OWNER specifying such failure.
B. In the event OWNER terminates this AGREEMENT in whole or in part as provided above in paragraph A of this Section, OWNER may procure, upon such terms and in such manner as it may deem appropriate, services similar to those terminated.
C. If this AGREEMENT is terminated as provided above in paragraph A, OWNER may require CONSULTANT to provide all finished or unfinished documents, data, reports, etc., prepared by DocuSign Envelope ID: 5DD78301-D264-4492-91EF-21565CA2DBA6
4 CONSULTANT. Upon such termination, CONSULTANT shall be paid an amount equal to the contract amount, less the cost of hiring another CONSULTANT to complete CONSULTANT's services. In the event no new CONSULTANT is employed, CONSULTANT shall be paid an amount equal to the value of the work performed. In ascertaining the value of the work performed up to the date of termination, consideration shall be given to completed work and work in progress, complete and incomplete reports, and other documents whether delivered to OWNER or in possession of CONSULTANT, and authorized reimbursement expenses.
D. If, after notice of termination of the AGREEMENT under the provisions of this Section, it is determined, for any reason, that CONSULTANT was not in default, or that the default was excusable, then the rights and obligations of the parties shall be the same as if the notice of termination had been issued pursuant to Section 14.
15. Independent Contractor. CONSULTANT is an independent contractor and shall have no power or authority to incur any debt, obligation or liability on behalf of the OWNER. It is expressly understood between the parties to this AGREEMENT that no employee/employer relationship is intended; CONSULTANT is an independent contractor.
16. Insurance.
A. (1) The CONSULTANT, at its expense, shall maintain in effect at all times during the performance of work under this AGREEMENT not less than the following coverage and limits of insurance, which shall be maintained with insurers listed "A-, VIII" or better in the Best's Key Rating Guide:
Commercial General Liability
Each Occurrence $1,000,000
Per Project General Aggregate $2,000,000
Including Products/Completed Operations
Including Contractual Liability/Independent Contractors Including Broad Form Property Damage
Commercial Automobile Liability
Combined Single Limit per Accident for
Bodily Injury and Property Damage $1,000,000
Workers Compensation
As Required by the State of California Statutory Limits
Employer’s Liability
Each Accident $1,000,000
Bodily Injury by Disease $1,000,000
Each Employee $1,000,000
Professional Liability
Each Occurrence $1,000,000
General Aggregate $1,000,000
B. For General Liability insurance shall be at least as broad as ISO form CG2010 11/85 or CG2010 07/04 and CG2037 07/04 combined, or an equivalent providing ongoing and completed operations.
Commercial Auto coverage shall be at least as broad as ISO form CA00 01.
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5 C. The CONSULTANT’s insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insured’s liability.
D. A Waiver of Subrogation must be provided on behalf of the Certificate Holder for the Workers Compensation/Employers Liability policies and a copy of the endorsement must accompany the certificate.
E. Any deductibles or self-insurance retentions must be declared and approved by the OWNER. At the option of the OWNER, either the insurer shall reduce or eliminate such deductibles or self- insured retentions as respects the OWNER insured entities or the insurer shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.
F. All insurance shall be primary and non-contributory as respects the OWNER insured entities. Any insurance or self-insurance maintained by the OWNER insured entities shall be in excess of the CONSULTANT’S insurance and shall not contribute with it.
G. The coverage provided under this contract shall not contain any special limitations on the scope of protection afforded to the OWNER insured entities.
H. Insurance provided and maintained by CONSULTANT must be placed with insurers with a rating of A-, VIII or better by Best’s Key Rating Guide, latest edition.
I. Insurance written on a “claims made” basis must be renewed for a period of five (5) years after this contract expires or is terminated. Such insurance must have the same coverage and limits as the policy that was in effect during the term of this contract and will cover CONSULTANT for all claims made by the OWNER insured entities arising out of any acts or omissions of CONSULTANT or its officers, employees, or agents during the time this AGREEMENT was in effect.
J. CONSULTANT shall furnish the OWNER with Certificates of Insurance and with original endorsements effecting coverage required by this contract. The certificates for each insurance policy are to be signed by a person authorized by the insurer to bind coverage on its behalf. All certificates and endorsements are to be received and approved by the OWNER before work commences. The OWNER reserves the right to require complete, certified copies of all required insurance policies at any time.
K. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the OWNER insured entities.
L. Certificates of Insurance must be deposited with the OWNER for all coverage required by this contract. Certificates shall meet the following requirements:
(1) Show that the insurance policy has been endorsed to state that coverage shall not be suspended, voided, cancelled, reduced in coverage or in limits except after 30 days prior written notice (10 days written notice for non-payment) by Certified Mail, return receipt requested to the OWNER.
(2) List in the “Descriptions of Operations/Locations/Vehicles/Special Items” section:
RFP 760-22 Professional Auditing Services
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6 City of Lancaster, its elected officials, officers, employees and volunteers are included as additional covered parties, but only insofar as the operations under this contract are concerned.
(3) List in the “Certificate Holder” section:
City of Lancaster, 44933 Fern Avenue, Lancaster, California 93534.
M. CONSULTANT shall include all subcontractors as an insured under its policies or shall furnish separate certificates and endorsements for each subcontractor. Subcontractors are subject to the same insurance requirements as the CONSULTANT.
N. The coverage shall contain no special limitations on the scope of protection afforded to the insured entities. The CONSULTANT’S insurance coverage shall be primary insurance as respects the OWNER’S insured entities.
17. Commencement and Completion of Work. The execution of this AGREEMENT by the parties does not constitute an authorization to proceed. The services of CONSULTANT shall commence when the OWNER, acting by and through its Director of Finance or his or her designee, has issued the Notice to Proceed.
CONSULTANT shall have no claim for compensation for any services or work which has not been authorized by the OWNER's Notice to Proceed.
18. Extension of Time for Completion of Work.
A. If, at any time, the work is delayed due to suspension order by OWNER, or due to any other cause which, in the reasonable opinion of the OWNER, is unforeseeable and beyond the control and not attributable to the fault or negligence of CONSULTANT, then CONSULTANT shall be entitled to an extension of time equal to said delay, subject to the OWNER's right to terminate this AGREEMENT pursuant to Section
14. B. CONSULTANT shall submit to OWNER a written request for an extension of time within ten (10) days after commencement of such delay, and failure to do so shall constitute a waiver thereof.
OWNER shall, in its sole discretion, determine whether and to what extent any extensions of time shall be permitted.
C. No extension of time requested or granted hereunder shall entitle CONSULTANT to additional compensation unless, as a consequence of such extension, additional work must be performed. In such event, OWNER shall in good faith consider any request for additional compensation submitted by CONSULTANT.
19. Ownership of Documents. All reports, studies, data, and other documents prepared or obtained by CONSULTANT in the course of performing the work required by this AGREEMENT shall be the property of the OWNER. Basic notes, findings, studies, reports, computations and similar data prepared or obtained by CONSULTANT under this AGREEMENT shall, upon request, be made available to OWNER without restriction or limitation on their use.
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7 20. Data Provided to CONSULTANT. OWNER shall provide to CONSULTANT, without charge, all data, including reports, records, and other information, now in the OWNER's possession which may facilitate the timely performance of the work described in Scope of Services.
21. CONSULTANT's Warranties and Representations.
CONSULTANT warrants and represents to OWNER as follows:
A. CONSULTANT has not employed or retained any person or entity, other than a bona fide employee working exclusively for CONSULTANT, to solicit or obtain this AGREEMENT.
B. CONSULTANT has not paid or agreed to pay any person or entity, other than a bona fide employee working exclusively for CONSULTANT, any fee, commission, percentage, gift, or any other consideration contingent upon or resulting from the execution of this AGREEMENT. Upon any breach or violation of this warranty, OWNER shall have the right, in its sole discretion, to terminate this AGREEMENT without further liability, or, in the alternative, to deduct from any sums payable hereunder the full amount or value of any such fee, commission, percentage or gift.
C. CONSULTANT has no knowledge that any officer or employee of the OWNER has any interest, whether contractual, noncontractual, financial, proprietary, or otherwise, in this transaction or in the business of the CONSULTANT, and that if any such interest comes to the knowledge of CONSULTANT at any time, a complete written disclosure of such interest will be made to OWNER, even if such interest would not be deemed a prohibited "conflict of interest" under applicable laws.
D. Upon the execution of this AGREEMENT, CONSULTANT has no interest, direct or indirect, in any transaction or business entity which would conflict with or in any manner hinder the performance of services and work required by this AGREEMENT, nor shall any such interest be acquired during the term of this AGREEMENT.
22. Resolution of Disputes.
A. Disputes regarding the interpretation or application of any provisions of this AGREEMENT shall, to the extent reasonably feasible, be resolved through good faith negotiations between the parties.
B. If the parties cannot resolve the dispute through good faith negotiations, either party may give Notice of Dispute to the other party. The Notice of Dispute shall state the nature of the dispute and the corrective action necessary to remedy the dispute.
After Notice of Dispute, the parties shall first attempt to resolve any disputes by mediation. The parties shall agree on a single mediator. Mediation shall be conducted in Lancaster, California.
Each party shall pay its own attorneys’ fees and the costs of mediation shall be split equally between the parties.
If the dispute has not been resolved by mediation within 45 days after Notice of Dispute, or the parties are unable to agree to a mediator, within 15 days after Notice of Dispute, then, the dispute may, upon agreement of the parties be resolved by binding arbitration.
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8 C. If any action at law or in equity is brought to enforce or interpret any provisions of this AGREEMENT, the prevailing party in such action shall be entitled to reasonable attorney's fees, cost and necessary disbursements, in addition to such other relief as may be sought and awarded.
23. Exhibits.
The following exhibits to which reference is made in this AGREEMENT are deemed incorporated herein in their entirety:
Exhibit "A" Scope of Services
Exhibit “B” Payment Clause & Term
24. Governing Law.
This AGREEMENT shall be governed by the laws of the State of California.
25. Effective Date.
This AGREEMENT shall become effective as of the date set forth below on which the last of the parties, whether OWNER or CONSULTANT, executes this AGREEMENT.
[Signatures begin on next page.]
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9 IN WITNESS WHEREOF, the parties hereto have caused this AGREEMENT to be executed and attested by their respective officers thereunto duly authorized.
“OWNER”
City OF LANCASTER
LANCASTER, CALIFORNIA
Approved By Department Head:
By:
Director of Finance – George Harris
Dated:
By:
Jason Caudle, City Manager
Dated:
"CONSULTANT"
CliftonLarsonAllen, LLP
By:
Nitin Patel, Principal
Dated:
ATTEST:
Andrea Alexander
City Clerk
APPROVED AS TO FORM:
Allison E. Burns, Esq.
City Attorney
DocuSign Envelope ID: 5DD78301-D264-4492-91EF-21565CA2DBA6 March 25, 2022 | 7:58:16 AM PDT
March 25, 2022 | 6:03:36 PM CDT
April 7, 2022 | 11:21:03 AM PDT
10 Exhibit A
Scope of Work & Requirements
Scope of the Work to be Performed
The City desires an Annual Comprehensive Financial Report (ACFR) and its component unit financial statements for the City of Lancaster, Lancaster Public Financing Authority, Lancaster Housing Authority, Lancaster Community Services Foundation, California Choice Energy Authority and the Lancaster Choice Energy, to be prepared by the independent Auditor and be fully GASB compliant for the fiscal year ended June 30, 2022 and each of the subsequent years, June 30, 2023 and 2024 of the audit Firm’s contract with the City. The City will be planning to submit the to the Government Finance Officers Association (GFOA) for review in their Certificate of Achievement for Excellence in Financial Reporting program.
Consultant agrees to perform the following tasks:
1. Conduct the examination of the City’s annual financial statements in accordance with auditing standards generally accepted in the United States, Government Auditing Standards promulgated by the Comptroller General of the United States. In addition, the minimum auditing standards set forth in the Single Audit Act and OMB Circular A-133 must be met in those years in which a Single Audit is required. The single audit report should include an appropriate schedule of expenditures of federal awards, footnotes, findings and questioned costs, including reportable conditions and material weaknesses, and a follow up on prior audit findings, where required.
2. Render an independent opinion on the fair presentation of the City’s basic financial statements on the basis of their conformity with generally accepted accounting principles. The Auditor is not required to audit the supporting statistical schedules contained in the Annual Comprehensive Financial Report (ACFR). However, the Auditor is to provide an “in-relation to” report on the supporting schedules based on auditing procedures applied during the audit of general-purpose financial statements and the combining and individual fund financial statements schedules.
3. Prepare an evaluation of the City’s compliance with applicable laws and regulations governing the City, including agreed-upon auditing procedures each fiscal year pertaining to compliance with the City’s Investment Policy.
4. Perform agreed-upon audit procedures pertaining to the City’s GANN Limit and render a letter, annually, to the City regarding compliance.
5. Issue the appropriate audit reports on internal control and compliance. In the required reports on internal controls, the Auditor shall communicate any reportable conditions found during the audit. A reportable condition shall be defined as a significant deficiency in the design or operation of the internal control structure, which could adversely affect the organization's ability to record, process, summarize and report financial data consistent with the assertions of management in the financial statements. Reportable conditions that are also material weaknesses shall be identified as such in the report.
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11 6. Prepare and submit a report as communication with those charged with governance, inclusive of the Management Letter, as required by auditing standards, at the conclusion of the annual audit.
The report shall include all significant opportunities for realistically improving internal controls of the City’s operation and procedures that are discovered or observed by the Auditor in the course of the annual audit and management response to the recommendation. Prior to completion of the Management Letter, the Auditor shall meet with the Finance Director and/or City Manager to review findings and recommendations in detail before the final Auditor letters and City responses are finalized.
7. Prepare various financial reports and schedules of the City’s ACFR, including the Government- Wide Financial Statements, Fund Financial Statements, Notes to the Basic Financial Statements, Required Supplementary Information, Supplementary Schedules, and portions of the Statistical Section. The City will ultimately be responsible for these financial reports, as well as preparing the Introductory Section, Management Discussion and Analysis, and portions of the statistical sections of the ACFR. The Auditor shall assist in finalizing the City's ACFR by conducting a review of all schedules, notes, etc., to ensure full compliance with all current GASB pronouncements.
8. Verify the implementation of recommended improvement from the prior year submission to Certificate of Achievement for Excellence in Financial Report from the Government Finance Officers Association (GFOA) under the ACFR award program. The City has received the Certificate of Achievement for Excellence in Financial Report from GFOA previously and will expect the ACFR to meet the requirements of the program.
9. Upon request by city staff, present and discuss the annual basic financial statements, results of operation, and Management Letter contents at a meeting of the City Council.
10. In addition to completing the annual audit, the Auditor shall be available during normal business hours, throughout the contract period, to provide advice and guidance on financial reporting, the implementation of new GASB pronouncements, and regulations affecting local government accounting, upon request by city staff. The Auditor will be expected to keep the City abreast of the working requirements of all new accounting and financial reporting pronouncements of the Governmental Accounting Standards Board (GASB), the United States Office of Management and Budget, and the State of California. It is expected that the successful Firm will designate a senior staff member, at the manager, director or partner level, who will be responsible for responding to City phone calls and email communications within a reasonable response period
11. The Auditor shall prepare the Annual State Controller’s Reports for the City and Lancaster Choice Energy.
Auditing Standards to be Followed
Consultant agrees to conduct the audit in accordance with:
1. The standards set forth by the Government Accounting Standards Board (GASB)
2. The Generally Accepted Government Auditing Standards issued by the Comptroller General of the U.S. Government Accountability Office (GAO)
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12 3. Generally accepted auditing standards set forth by the American Institute of Certified Public Accounts.
4. The provisions of the U.S. Office of Management and Budget (OMB) Circular A133, Audits of States, Local Governments, and Non-Profit Organizations.
Internal Controls and Compliance Reports
In the required reports on internal controls, the Consultant shall communicate any reportable conditions found during the audit. A reportable condition shall be defined as a significant deficiency in the design or operation of the internal control structure, which could adversely affect the City’s ability to record, process, summarize and report financial data consistent with the assertions of management in the financial statements. Reportable conditions that are also material weaknesses shall be identified as such in the report.
Non-reportable conditions discovered by the Consultant shall be reported in a separate letter to management, which shall be referred to in the report on internal controls.
The reports on compliance shall include all instances of non-compliance.
Consultant shall assure themselves that the City is informed of each of the following:
1. The Consultant’s responsibility under generally accepted auditing standards
2. Significant accounting policies
3. Management judgments and accounting estimates
4. Significant audit adjustments
5. Other information in documents containing audited financial statements
6. Disagreements with management
7. Management consultation with other accountants
8. Major issues discussed with management prior to retention
9. Difficulties encountered in performing the audit
Working Paper Retention
All working papers and reports must be retained at the Consultant's expense for a minimum of seven (7) years, unless the Consultant is notified in writing by the City of the need to extend the retention period.
The Consultant will be required to make working papers available to the City or any government agencies included in the audit of federal grants. In addition, the Consultant shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.
Irregularities and Illegal Acts
Consultant shall be required to make an immediate, written report of all irregularities and illegal acts or indications of illegal acts of which they become aware to the following parties: City Manager, City Attorney and Finance Director.
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13 Exhibit B
Schedule of Pricing & Contract Term
This Agreement shall be in effect for three fiscal years as outlined below. The contract may be extended for two additional 1-year terms as agreed upon by both parties.
Total all-inclusive maximum price for the initial contract term is $294,600 as broken down by year.
Initial Contract Term
Years 1-3
Optional
Year 1
Optional
Year 2
Service 2021/22 2022/23 2023/24 2024/25 2025/26
SECTION I - CITY
City Audit and Related Reports
$82,000 $84,500 $87,500 $91,000 $94,000
GANN Limit Review Report
$500 $500 $600 $700 $800
State Controllers Reports –
City, Lancaster Choice Energy,
Lancaster Financing Authority,
California Choice Energy
Authority
$7,500 $7,800 $8,100 $8,400 $8,600
Single Audit and Related
Reports (1)
$5,000 $5,200 $5,400 $5,600 $5,800
TOTAL FOR
FISCAL YEAR
(not-to exceed)
$95,000 $98,000 $101,600 $105,700 $109,200
(1) Includes one major program, each additional major program is $4,000
Payment Terms
Progress payments will be made on the basis of hours of work completed during the course of the engagement and out-of-pocket expenses incurred in accordance with the Consultant’s proposal. Interim billings shall cover a period of not less than a calendar month.
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14 Auditor’s Standard Billing Rates
Auditors Standard Hourly Billing Rates by Position
Position 2021/22 2022/23 2023/24 2024/25 2025/26
Partner $350 $360 $370 $380 $380
Manager $250 $260 $270 $280 $290
Senior Accountant $150 $155 $160 $165 $170
Staff Accountant $125 $130 $135 $140 $145
Clerical $110 $115 $120 $125 $130
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