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CITY OF HOUSTON - CITY COUNCIL
Meeting Date: 5/24/2016
ALL
Item Creation Date: 4/21/2016
FIN - Professional Auditing Services Agreement Amendment
Agenda Item#: 11.
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| | | | | | | | Summary:
ORDINANCE amending Ordinance Number 2014-0008 to increase the maximum contract amount for agreement for Professional Auditing Services between the City and MCCONNELL & JONES LLP / BANKS, FINLEY, WHITE & CO., a Joint Venture Partnership known as M&J/BFW TEAM, for Special Services - $800,000.00 - General Fund |
| | | | | | | | Background:
The Finance Director recommends that City Council approve an ordinance authorizing the additional allocation of $800,000.00 to a contract for Professional Auditing Services between the City and McConnell & Jones, LLP / Banks, Finley, White & Co. a Joint Venture Partnership known as M&J/BFW Team to cover Special Services related to Performance Audits.
The original contract was approved by Council on January 8, 2014, Ordinance No. 2014-0008 for a five year term, effective from January 15, 2014 through January 14, 2018. This allocation increase is to cover payment for Special Services related to Performance Audits that will provide objective analyses to management so that we may improve government performance and operations, reduce costs, facilitate decision making by parties with responsibility to oversee or initiate corrective action, and contribute to public accountability.
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Kelly Dowe, Director of Finance |
| | | | | | | | Prior Council Action:
Ordinance 2014-0008, January 8, 2014 |
| | | | | | | | Amount of Funding:
Increased Allocation (FY16) $800,000.00 General Fund (1000)
New Maximum Contract Amount $7,800,000.00 |
| | | | | | | | Contact Information:
Kelly Dowe
Phone: 832.393.9051
Arif Rasheed
Phone: 832.393.9013 |
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