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JEFFREY R. SMITH, CPA, CGFO, CGMA <br />Clerk of Circuit Court & Comptroller <br />P.O. Box 1028 <br />Vero Beach, FL 32961-1028 <br />Telephone: (772) 770-5185 <br />TO: Members of the Board of County Commissioners <br />FROM: Elissa Nagy, Finance Director <br />THROUGH: Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller <br />DATE: June 11, 2020 <br />SUBJECT: Auditor Selection Committee Recommendation of Audit Firm <br />BACKGROUND <br />A request for proposal (RFP) was issued on April 26, 2020 for qualified firms of certified public <br />accountants to audit the financial statements of the. County for the next five fiscal years <br />(beginning with the year ending September 30, 2020 and ending September 30, 2024). <br />Demandstar notified 239 subscribers, of which 8 firms requested the RFP package. Seven <br />responses were received. <br />The auditor selection committee was composed of the Clerk of the Circuit Court, the Property <br />Appraiser, the Sheriff, the Supervisor of Elections, the Tax Collector, and one member of the <br />Board of County Commissioners or their designees. <br />In accordance with the RFP, the committee members independently evaluated the proposals and <br />scored the proposals based on the required criteria. The scoring criteria were general <br />government audit experience, qualifications of individuals assigned to audit, audit approach, and <br />audit fees. These scores were compiled by the committee and an initial overall ranking of the <br />submittals was developed. Interviews were determined to be unnecessary. The final rankings <br />established by the committee are: <br />Ranking <br />Proposer <br />Contract Fee <br />FY20-FY24 Audits <br />1 <br />Rehmann <br />$1,000,000 <br />2 <br />MSL, PA <br />$880,000 <br />3 <br />Cherry Bekaert <br />$975,000 <br />4 <br />CLAconnect <br />$925,000 <br />5 <br />James Moore <br />$820,000 <br />6. <br />Berman Ho kins <br />$980,000 <br />7 <br />Carr, Riggs & Ingram, LLC <br />$1,010,900 <br />25 <br />