1/6/1982 - Laserfiche WebLink

Home Browse Search

JAN 61992 TO: Gary Brandenburg DATE: December 22, 1981 FILE: County Attorney SUBJECT: Contract to Audit Section 8 Existing Rental Assistance Program FROM:Edward J. Regin REFERENCES: attached Contract Kindly review the attached contract for legal sufficiency between Indian River County and O'Haire, Peterkin and Moran, Chartered, and Deloitte, Haskins and Sells, Independent Public Accountants. The purpose of the contract is to engage the accounting firms to perform an audit of the County's Section 8 Existing Rental Assistance Program. When you are able to make a satisfactory finding, the contract should go to the Board of County Commissioners for its approval and authorization of its execution by the Chairman of the Board. The U.S. Department of Housing and Urban Development requires that the County as a public housing agency obtain a biennial audit of its operations. We are now due to have an audit for the 27 -month period ending September 30, 1981. In accord with an existing contract dated May 5, 1980, the con- tracting firms are in the process of completing an audit of the general accounts of Indian River County for fiscal years 1980/81. This enabled them to discount their usual fee from their standard rates in quoting a fee of $2500.00 to do the audit. The Jacksonville office of H.U_.D: has done a preliminary review of the contract and found it to be consistant with their model form. They have indicated by telephone that the contract and fees will be acceptable to them when it has been approved and executed by both the County and the Contractors. The Section 8 Account,has been credited by H.U.D. with $2500.00 to cover the cost of the audit. We have been advised by the representative of the contractinc, firms, Mr. Andrew W. Williams that they can complete the audit in accord with H.U.D. requirements by January 31, 1982. Transmitted herewith are six copies of the contract. Upon completion of review by the County Attorney, I respectfully request the contract to audit the Section 8 Existing Rental Assistance Program be submitted to the Board of County Commissioners for their ap,Iroval and authorization to the Chairman to execute the contract. Kindly return five executed copies of the contract to me to be forwarded to the Jacksonville office of H.U.D. for their formal approval prior to delivery to the contractor. 23