HomeMy Public PortalAboutAgreement_2010-04-20_Mayor Hoffman McCann_4th AmendmentFOURTH AMENDMENT TO AGREEMENT FOR AUDITING SERVICES
This Fourth Amendment to Agreement for Independent Auditing Services ("Fourth
Amendment') is entered into on this 20th day of April, 2010 ("Execution Date"), by and
between the City of Temple City ("City"), and Mayer Hoffman McCann, P.C., ("Contractor'), on
the other hand, with regard to the following:
RECITALS:
WHEREAS, on or about the 26th of July, 2003, City entered into an Agreement for
Independent Auditing Services ("Original Contract'), the First Amendment to the Agreement was
July 5, 2006, the second amendment to the contract was dated April 15, 2008, the third
Amendment to the contract was dated April 21, 2009 with Mayer Hoffman McCann P.C.
("Contractor") for independent audit services to City.
WHEREAS, the parties also desire to amend said agreement as follows:
Auditing Procedures and Scope. The City desires the same scope of
services for fiscal year ended June 30, 2010 as in the previous year of the
contract. The City desires the Auditors to work jointly with City staff and for
the Auditors to prepare and word process all reports associated with the
conduct of the annual audit of the City, Agency, Financing Authority and A-
133 Single Audit and the City desires the Auditors to prepare City, Agency
and PFA State Controllers Reports and perform GANN limit review and
prepare the Statement of Indebtedness.
Period Covered by Agreement. Said services of Auditor are to continue for
the year ended June 30, 2010.
iii. Consideration. For services rendered during fiscal year ended June 30,
2010, the following not -to -exceed amount shall apply (as set forth in
Appendix A):
Fiscal Year Ended June 30 Not -to -Exceed Amount
2010 $37,551
NOW THEREFORE it is mutually agreed upon by and between the undersigned parties
as follows:
SECTION 1. RECITALS.
The terms of the Recitals are incorporated herein by reference as a term of this Fourth
Modification.
SECTION 2. CONSENT TO APPROVAL OF EXTENSION OF SERVICES
Based upon the representations made by Contractor, the City hereby approves the
extension of services for the year ended June 30, 2010.
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SECTION 3. FULL FORCE AND EFFECT.
Except as expressly modified herein, all other terms and conditions of the Original
Agreement and Amendments #1, #2 and #3 shall be and remain in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Fourth Amendment to be
executed by its duly authorized representatives on the day and year first written above.
MAYER HOFFMAN McCANN P.C.
(CONTRACTOR)
By /tis c
Michael A. Harrison
Shareholder
2301 Dupont Drive, Suite 200
Irvine, CA 92612
3-
CITY OF TEMPLE CITY
a California Municipal Corporation
By LO/
Jose E. Pulido
City Manager
ATTEST:
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City Clerk
Approved by City Council
MAXIMUM FEES HOURLY RATES AND STANDARDS TO BE FOLLOWED
The following is a breakdown of the maximum fee (including out-of-pocket expense) for the
engagement:
Not to Exceed Amount
Year ended June 30
Description of Services
City of Temple City 2010
City and A-133 Single Audit including SAS #115 and SAS #114
Communication and preparation and word processing of
Financial Statements $25,157(l)
GANN Limit Calculations 789
State Controllers Report (including electronic filing) 2,634
Total City 28.580
Redevelopment Agenc
Financial and Compliance Report 5,986
State Controllers Report (including electronic filing) 935
Statement of Indebtedness 541
Total Agency 7,462
Financing Authority
Financial Audit (inclusive in City in Financial Statements) 1,175
State Controllers Report (including electronic filing) 334
Total Authority 1,509
$37,551
Hourly rates for services which may be requested outside the scope of the audit are as follows
during the year ended June 30, 2010,
Classification Hour Rate
Shareholder
$225
Manager
135
Senior Associate
105
Associate
85
Our audits will be conducted in accordance with auditing standards generally accepted in the
United States of America, Government Auditing Standards and the provisions of OMB Circular
A-133.
(1) Our fee includes one major program. A price adjustment of $3,000 will be made for each
additional major program we are required to audit.
GL'