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RFP Award Recommendation

Riverside City Council
April 16, 2024

Document
RFP Award Recommendation
Meeting
April 16, 2024
Body
Riverside City Council
Original file
131 KB
Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

RFP AWARD RECOMMENDATION

CITY OF RIVERSIDE
Finance Department
DATE SUBMITTED: 04/16/2024
RFP NO.
2290

RFP TITLE
Professional Auditing Services

DEPARTMENT/DIVISION
Finance

DATE RFP OPENED
09/08/2023
PROPOSALS RECEIVED (4) INVITATIONS ISSUED (Online)

PROPOSERS CITY EVALUATION RANKING
Clifton Larson Allen, LLP Irvine, CA 1
Vasquez & Company, LLP Glendale, CA 2
The Pun Group, LLC Santa Ana, CA 3
SingerLewak, LLP Los Angeles, CA 4
RFP DESCRIPTION: The City of Riverside (the City) is requesting proposals from qualified firms of certified public accountants (Company) to audit its financial statements for the fiscal year ending June 30, 2024, with the option of auditing its financial statements for each of the four (4) subsequent fiscal years. These audits are to be performed in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requi rements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance); as well as any other applicable federal, state, local or programmatic audit requirements.

RFP Recommended For Award (Includes Sales Tax) 10% Surety Included Contract 10% Surety not required Purchase Order
Best Ranking Proposer Amount of Award
Clifton Larson Allen, LLP $1,096,020.00
COMMENTS:

The Finance Department has evaluated all proposals received and is requesting that award be made to the best overall solution based on the evaluation process. The Purchasing Division concurs that the action to award is in compliance with Purchasing Resolution 23914.

Submitted by: Purchasing Manager Date:
03/26/2024

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