HomeMy WebLinkAbout11 - Award of Contract to Davis Farr LLP for Audit Services - CorrespondenceReceived After Agenda Printed
May 11, 2021
Item No. 11
From: Power, Trevor
To: "Laura Curran"
Cc: Catlett, Scott; Leung, Grace; Dept - City Council; Mulvey, Jennifer
Subject: RE: Award of Contract to Davis Farr LLP for Audit Services
Date: Monday, May 10, 20219:27:48 AM
Good morning Ms. Curran,
1. The City's financial statements are audited annually by an independent accounting firm.
Following a 10 -year contract with the prior firm, White Nelson Diehl Evans, City Council Policy
F-15 required mandatory rotation of audit firms. A new request for proposals process was
therefore initiated and a new firm was selected. The scope of work for the new firm, Davis
Farr, will be the same as the scope of work for the prior firm.
2. White Nelson Diehl Evans provided the same audit services for the past 10 years. They did
not respond to the recent request for proposals, as their selection is precluded by City Council
Policy F-15. The City competitively advertised the contract and received a number of
competitive proposals from national and regional firms, as further discussed in the staff
report.
Please let us know if we can answer any additional questions or provide any additional information.
Thank you,
Trevor Power
Accounting Manager
(949) 644-3125
From: Laura Curran <lauracurran@me.com>
Sent: Friday, May 07, 20211:26 PM
To: Power, Trevor <TPower@newportbeachca.gov>
Cc: Catlett, Scott <SCatlett@newportbeachca.gov>; Leung, Grace <gleung@newportbeachca.gov>;
Dept - City Council <CityCouncil@newportbeachca.gov>
Subject: Award of Contract to Davis Farr LLP for Audit Services
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Mr. Power: Re the Award of Contract to Davis Farr LLP for Audit Services, I had 2 questions.
1. Scope of Contract
How does this Audit work fit into the City's prior Audit programs?
Is this contract for new or ongoing Audit services, i.e. is this a continuation of existing audit programs
or new programs?
2. Historical Audit Practices
What Accounting firms have provided this or similar Audit services in the past?
Were are any of these firms considered/did any of these firms apply?
Thankyou
Laura Curran
Corona del Mar, CA