Loading...
HomeMy WebLinkAbout2017 CON Pun Group - Auditing Services - Amendment #2SECOND AMENDMENT TO THE AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL AND THE PUN GROUP, LLP THIS SECOND AMENDMENT TO THE AGREEMENT is entered into this 20th day of June, 2017, by and between the CITY OF NATIONAL CITY, a municipal corporation (the "CITY"), and THE PUN GROUP, LLP, (the "CONSULTANT"), an independent auditing firm. RECITALS WHEREAS, on July 2, 2013, the City Council adopted Resolution No. 2013-110, authorizing the CITY to enter into a three-year Agreement with Pun & McGeady, LLP (the "Agreement") for the period of July 9, 2013 through June 30, 2016, wherein Pun & McGeady, LLP agreed to provide independent auditing services for the fiscal years ending June 30, 2013 thru June 30, 2015, for an amount not to exceed $60,000 per year for a total Agreement amount of $180,000 with an option for the City to extend the term of the Agreement under the same terms and conditions for up to two (2) additional one-year terms beyond the initial contract expiration date; and WHEREAS, effective April 19, 2016, the City Council adopted Resolution No. 2016-52, authorizing the CITY to accept the CONSULTANT's business name change to "The Pun Group, LLP" and to execute the First Amendment to the Agreement to extend the term for a one-year period ending June 30, 2017, to provide independent auditing services for the fiscal year ending June 30, 2016, as set forth in the attached Exhibit "A", for the not -to -exceed amount of $63,000 and a total not -to -exceed agreement amount of $243,000. WHEREAS, the CITY and the CONSULTANT desire to amend the Agreement to extend the term for a one-year period ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017, as set forth in the attached Exhibit "A", for the not -to -exceed amount of $66,150 and a total not -to -exceed agreement amount of $309,150. AGREEMENT NOW, THEREFORE, the CITY and the CONSULTANT agree as follows: 1. This Amendment extends the term of the Agreement for a one-year period ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017, for a not -to -exceed amount of $66,150 and a total agreement not -to - exceed amount of $309,150; and 2. The CITY and the CONSULTANT agree that each and every term and provision of the Agreement dated July 2, 2013, not specifically amended, shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment on the date and year first above written. CITY OF NATI NAL CITY THE PUN GROUP, LLP By: �._— By: l�•H• �L' II ---- on Morrison, Mayor (Name) "IE7fs t> . ,u•J (Print) hy4444/a6 P.4 Ai.,1GA-- (Title) APPROVED AS TO FORM: EXHIBIT A OPTIONAL YEARS Services FY 13 FY 14 FY 15 FY 16 FY 17 City Audit, including CAFR $30,000 $30,000 $30,000 $31,500 $33,075 Single Audit 8,000 8,000 8,000 8,400 8,820 GANN Limit No Charge No Charge No Charge No Charge No Charge Annual State Controllers Report 4,500 4,500 4,500 4,725 4,961 Financial and Compliance Audit of the CDC, 7,000 7,000 7,000 7,350 7,718 including Kimball Towers Separate HUD -required A-133 single audit of 7,000 7,000 7,000 7,350 7,718 Morgan Towers Commission A-133 single audit of federal 3,500 3,500 3,500 3,675 3,859 grants allocable to Housing Choice REAC electronic submission to HUD and No charge No charge No charge No Charge No Charge related attestations Total not to exceed $60,000 $60,000 $60,000 $63.000 $66,150 Included in the above costs are the following services, in accordance with the Request for Proposal ("RFP") for Audit Services: • serve as a resource and provide training to professional accounting staff on preparation of financial statements, best practices in conformance with applicable laws, and governmental accounting standards; • prepare a management letter to the City Manager containing comments and recommendations regarding the auditor's evaluation of the City's system of internal controls and accountingprocedures; • make an immediate report to the Audit Committee of the City of National City, City Council, City Manager, City Attorney, and Director of Finance of all indications of irregularities or illegal acts of which they become aware, if any. RESOLUTION NO. 2017 — 109 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE MAYOR TO EXECUTE THE SECOND AMENDMENT TO THE AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL CITY AND THE PUN GROUP, LLP, TO EXTEND THE TERM OF THE AGREEMENT FOR ONE YEAR, ENDING JUNE 30, 2018, FOR THE NOT -TO -EXCEED AMOUNT OF $66,150 AND A TOTAL NOT -TO -EXCEED AGREEMENT AMOUNT OF $309,150, TO PROVIDE AUDITING SERVICES FOR THE FISCAL YEAR ENDING JUNE 30, 2017 WHEREAS, on July 2, 2013, the City Council adopted Resolution No. 2013-110, authorizing the City to enter into a three-year Agreement with Pun & McGeady, LLP, from July 9, 2013 through June 30, 2016, wherein Pun & McGeady, LLP, agreed to provide independent auditing services for the fiscal years ending June 30, 2013 through June 30, 2015, for an amount not to exceed $60,000 per year for a total Agreement amount of $180,000 with an option for the City to extend the term of the Agreement under the same terms and conditions for up to two (2) additional one-year terms beyond the initial contract expiration date; and WHEREAS, effective April 19, 2016, the City Council adopted Resolution No. 2016-52, authorizing the City to accept Pun & McGeady, LLP's business name change to "The Pun Group, LLP" and to execute the First Amendment to the Agreement to extend the term for a one-year period ending June 30, 2017, to provide independent auditing services for the fiscal year ending June 30, 2016, for the not -to -exceed amount of $63,000 and a total not -to -exceed Agreement amount of $243,000; and WHEREAS, the City and The Pun Group, LLP, desire to enter into a Second Amendment to the Agreement to extend the term for a one-year period ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017 for the not -to - exceed amount of $66,150 and a total not -to -exceed Agreement amount of $309,150. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby authorizes the Mayor to execute the Second Amendment to the Agreement between the City of National City and The Pun Group, LLP, to extend the term of the Agreement for one year, ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017 for the not -to -exceed amount of $66,150 and a total not -to -exceed Agreement amount of $309,150. PASSED and ADOPTED this 20th day of June, on Morrison, Mayor ATTEST: APPROVED AS TO FORM: MicaeI R. Dalla, ity Clerk YI AeArAY A ngil' -+o is- ones City A or' ey Passed and adopted by the Council of the City of National City, California, on June 20, 2017 by the following vote, to -wit: Ayes: Councilmembers Cano, Mendivil, Morrison, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California City City National City, California rk of the i By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2017-109 of the City of National City, California, passed and adopted by the Council of said City on June 20, 2017. City Clerk of the City of National City, California By: Deputy CITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT C zap-3j MEETING DATE: June 20, 2017 AGENDA ITEM NO. 9 TEM TITLE: Resolution of the City Council of the City of National City authorizing the Mayor to execute the Second Amendment to the Agreement by and between the City of National City and The Pun Group, LLP, to extend the term of the Agreement for one year, ending June 30, 2018, for the not -to -exceed amount of $66,150 and a total not -to -exceed agreement amount of $309,150, to provide auditing services for the fiscal year ending June 30, 2017. 'REPARED BY: Javier Carcamo, Financial Services Officer DEPARTMENT: Finance PHONE: 619-336-4331 APPROVED BY: L11144 , 'a EXPLANATION: On July 2, 2013, the City Council of the City of National City approved an agreement between the City of National City and Pun & McGeady, LLP to perform independent auditing services for the City for the period of July 9, 2013 through June 30, 2016, corresponding to auditing services provided for the fiscal years ending June 30, 2013 to June 30, 2015, with an option for the City to extend the agreement under the same terms and conditions for up to two (2) additional years beyond the initial contract expiration date. On April 19, 2016, The City Council of the City of National City approved the First Amendment to the Agreement to accept Pun & McGeady, LLP's business name change to "The Pun Group, LLP" and to exercise the first one (1) year option extension. Staff now seeks approval to exercise the second one (1) year option extension. This Amendment would extend the Agreement for a one-year term ending June 30, 2018 for auditing services for the fiscal year ,nding June 30, 2017. ILINANCIAL STATEMENT: APPROVED: `yl',r ,/ _. Finance ACCOUNT NO. APPROVED: MIS 001-417-045-201-0000 $46,855 502-419-462-201-0000 $ 3,859 Morgan & Kimball Enterprise Funds $15,436 ENVIRONMENTAL REVIEW: This is not a project and, therefore, not subject to environmental review. ORDINANCE: INTRODUCTION: FINAL ADOPTION: STAFF RECOMMENDATION: Adopt the resolution, authorizing the Mayor to execute the Second Amendment to the Agreement by and between the City of National City and Pun Group, LLP, to extend the term of the Agreement for one year, ending June 30, 2018, for the not -to -exceed amount of $66,150 and a total not -to -exceed agreement amount of $309,150. BOARD / COMMISSION RECOMMENDATION: NA ATTACHMENTS: . Contract Amendment 2. Resolution R�cor,v�ro moo. rdo‘ root, SECOND AMENDMENT TO THE AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL AND THE PUN GROUP, LLP THIS SECOND AMENDMENT TO THE AGREEMENT is entered into this 20t1i day of June, 2017, by and between the CITY OF NATIONAL CITY, a municipal corporation (the "CITY"), and THE PUN GROUP, LLP, (the "CONSULTANT"), an independent auditing firm. RECITALS WHEREAS, on July 2, 2013, the City Council adopted Resolution No. 2013-110, authorizing the CITY to enter into a three-year Agreement with Pun & McGeady, LLP (the "Agreement") for the period of July 9, 2013 through June 30, 2016, wherein Pun & McGeady, LLP agreed to provide independent auditing services for the fiscal years ending June 30, 2013 thru June 30, 2015, for an amount not to exceed $60,000 per year for a total Agreement amount of $180,000 with an option for the City to extend the term of the Agreement under the same terms and conditions for up to two (2) additional one-year terms beyond the initial contract expiration date; and WHEREAS, effective April 19, 2016, the City Council adopted Resolution No. 2016-52, authorizing the CITY to accept the CONSULTANT's business name change to "The Pun Group, LLP" and to execute the First Amendment to the Agreement to extend the term for a one-year period ending June 30, 2017, to provide independent auditing services for the fiscal year ending June 30, 2016, as set forth in the attached Exhibit "A", for the not -to -exceed amount of $63,000 and a total not -to -exceed agreement amount of $243,000. WHEREAS, the CITY and the CONSULTANT desire to amend the Agreement to extend the term for a one-year period ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017, as set forth in the attached Exhibit "A", for the not -to -exceed amount of $66,150 and a total not -to -exceed agreement amount of $309,150. AGREEMENT NOW, THEREFORE, the CITY and the CONSULTANT agree as follows: 1. This Amendment extends the term of the Agreement for a one-year period ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017, for a not -to -exceed amount of $66,150 and a total agreement not -to - exceed amount of $309,150; and 2. The CITY and the CONSULTANT agree that each and every term and provision of the Agreement dated July 2, 2013, not specifically amended, shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment on the date and year first above written. CITY OF NATIONAL CITY THE PUN GROUP, LLP By: By: Ron Morrison, Mayor (Name) APPROVED AS TO FORM: Angil P. Morris -Jones City Attorney (Print) (Title) Services City Audit, including CAFR Single Audit GANN Limit Annual State Controllers Report EXHIBIT A OPTIONAL YEARS FY 13 FY 14 FY 15 FY 16 FY 17 $30,000 $30,000 $30,000 $31,500 $33,075 8,000 8,000 8,000 8,400 8,820 No Charge No Charge No Charge No Charge No Charge 4,500 4,500 4,500 4,725 4,961 Financial and Compliance Audit of the CDC, 7,000 7,000 7,000 7,350 7,718 including Kimball Towers Separate HUD -required A-133 single audit of 7,000 7,000 7,000 7,350 7,718 Morgan Towers Commission A-133 single audit of federal 3,500 3,500 3,500 3,675 3,859 grants allocable to Housing Choice REAC electronic submission to HUD and No charge No charge No charge No Charge No Charge related attestations Total not to exceed $60,000 $60,000 $60,000 $63.000 $66,150 Included in the above costs are the following services, in accordance with the Request for Proposal ("RFP") for Audit Services: • serve as a resource and provide training to professional accounting staff on preparation of financial statements, best practices in conformance with applicable laws, and governmental accounting standards; • prepare a management letter to the City Manager containing comments and recommendations regarding the auditor's evaluation of the City's system of internal controls and accounting procedures; • make an immediate report to the Audit Committee of the City of National City, City Council, City Manager, City Attorney, and Director of Finance of all indications of irregularities or illegal acts of which they become aware, if any. RESOLUTION NO. 2017 — RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE MAYOR TO EXECUTE THE SECOND AMENDMENT TO THE AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL CITY AND THE PUN GROUP, LLP, TO EXTEND THE TERM OF THE AGREEMENT FOR ONE YEAR, ENDING JUNE 30, 2018, FOR THE NOT -TO -EXCEED AMOUNT OF $66,150 AND A TOTAL NOT -TO -EXCEED AGREEMENT AMOUNT OF $309,150, TO PROVIDE AUDITING SERVICES FOR THE FISCAL YEAR ENDING JUNE 30, 2017 WHEREAS, on July 2, 2013, the City Council adopted Resolution No. 2013-110, authorizing the City to enter into a three-year Agreement with Pun & McGeady, LLP, from July 9, 2013 through June 30, 2016, wherein Pun & McGeady, LLP, agreed to provide independent auditing services for the fiscal years ending June 30, 2013 through June 30, 2015, for an amount not to exceed $60,000 per year for a total Agreement amount of $180,000 with an option for the City to extend the term of the Agreement under the same terms and conditions for up to two (2) additional one-year terms beyond the initial contract expiration date; and WHEREAS, effective April 19, 2016, the City Council adopted Resolution No. 2016-52, authorizing the City to accept Pun & McGeady, LLP's business name change to "The Pun Group, LLP" and to execute the First Amendment to the Agreement to extend the term for a one-year period ending June 30, 2017, to provide independent auditing services for the fiscal year ending June 30, 2016, for the not -to -exceed amount of $63,000 and a total not -to -exceed Agreement amount of $243,000; and WHEREAS, the City and The Pun Group, LLP, desire to enter into a Second Amendment to the Agreement to extend the term for a one-year period ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017 for the not -to - exceed amount of $66,150 and a total not -to -exceed Agreement amount of $309,150. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby authorizes the Mayor to execute the Second Amendment to the Agreement between the City of National City and The Pun Group, LLP, to extend the term of the Agreement for one year, ending June 30, 2018, to provide independent auditing services for the fiscal year ending June 30, 2017 for the not -to -exceed amount of $66,150 and a total not -to -exceed Agreement amount of $309,150. PASSED and ADOPTED this 20th day of June, 2017. Ron Morrison, Mayor ATTEST: APPROVED AS TO FORM: Michael R. Dalla, City Clerk Angil P. Morris -Jones City Attorney TIIE PUN GROUP ACCOUNTANTS & ADVISORS June 22, 2017 Mr. Javier Carcamo, Financial Services Officer City of National City 1243 National City Blvd National City, CA 91950 Dear Javier: Enclosed please find three (3) signed copies of the first amendment to the agreement per your request. Once signed, if you could please email a copy to me at charlene.scaltreto(a)pungroup.com it would be greatly appreciated. Should you have any questions, please do not hesitate to contact us. Sincerely, The Pun Groun LLP Charlene Scaltreto Administrative Assistant 200 East Sandpointe Avenue, Suite 600, Santa Ana, California 92707 Tel: 949-777-8800 • Fax: 949-777-8850 www.pungroup.com CITY OF NATIONAL CITY Office of the City Clerk 1243 National City Blvd., National City, California 91950 619-336-4228 Michael R. Dalla, CMC - City Clerk July 11, 2017 Mr. Kenneth Pun The Pun Group, LLP 200 Sandpointe Avenue Santa Ana, CA 92707 Dear Mr. Pun, On June 20th, 2017, Resolution No. 2017-109 was passed and adopted by the City Council of the City of National City, authorizing execution of a Second Amendment to an Agreement with The Pun Group, LLP. We are enclosing for your records a certified copy of the above Resolution and a fully executed original Amendment. Michael R. Dalla, CMC City Clerk Enclosures