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JEFFREY R. SMITH, CPA, CGFO, CGMA Clerk of Circuit Court & Comptroller P.O. Box 1028 Vero Beach, FL 32961-1028 Telephone: (772) 770-5185 TO: Members of the Board of County Commissioners FROM: Diane Bernardo, Finance Director THROUGH: Jeffrey R. Smith, Clerk of the Circuit Court and Comptrol er DATE: April 10, 2015 SUBJECT: Auditor Selection Committee Recommendation of Audit Firm BACKGROUND A request for proposal (RFP) was issued on March 2, 2015 for qualified firms of certified public accountants to audit the financial statements of the County for the next three fiscal years (beginning with the year ending September 30, 2015 and ending September 30, 2017) with an option for a one-time two year renewal after the initial three year term. Demandstar notified 394 subscribers, of which 21 firms requested the RFP package. Six responses were received. The auditor selection committee was composed of the Clerk of the Circuit Court, the Property Appraiser, the Sheriff, the Supervisor of Elections, the Tax Collector, and one member of the Board of County Commissioners or their designees. In accordance with the RFP, the committee members independently evaluated the proposals and scored the proposals based on the required criteria. The scoring criteria were general government audit experience, qualifications of individuals assigned to audit, audit approach, and audit fees. These scores were compiled by the committee and an initial overall ranking of the submittals was developed. Interviews were not held. The final rankings established by the committee are: Ranking Proposer Contract Fee FY15-FY17 Contract Fee FY15-FY19 1 Rehmann Robson $539,550 $909,550 2 Moore, Stephens, Lovelace CPAs $546,500 $930,000 3 Carr, Riggs & Ingram, LLC $539,000 $910,000 4 Clifton Larson Allen LLP $525,450 $902,525 5 Mayer Hoffman McCann, P.C. $544,500 not provided 6 McGladrey, LLP $555,850 not provided 18