Orange County NC Website
Browse       Search
DocuSign Envelope ID: FD83399B-C72A-42C4-A531-71667A72DBC7 <br /> 1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: June 18, 2019 <br /> Action Agenda <br /> Item No. 8-f <br /> SUBJECT: Audit Contract Renewal with Mauldin & Jenkins, LLC <br /> DEPARTMENT: Finance and Administrative <br /> Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Attachment 1: Mauldin & Jenkins, LLC Gary Donaldson, (919) 245-2453 <br /> Proposal <br /> PURPOSE: To: <br /> 1) Exercise the first of three one-year renewal options for Mauldin & Jenkins to perform <br /> audit services for Orange County pursuant to Request for Proposals (RFP) 5215 of the <br /> original audit contract approved by Board of County Commissioners on March 22, 2016; <br /> and <br /> 2) Authorize the requisite County signatures as required by the North Carolina Local <br /> Government Commission. <br /> BACKGROUND: The Board approved an audit services contract with Mauldin & Jenkins for a <br /> three-year term on March 22, 2016, including the opportunity for three one-year renewal <br /> options. The initial three years covered the period from FY 2015-16 through FY 2017-18. Staff <br /> proposes to exercise the first audit renewal option for the completion of the FY 2018-19 financial <br /> and compliance audit. <br /> The audit services will encompass a financial and compliance examination of the County's <br /> Comprehensive Annual Financial Report (CAFR) in accordance with the laws of the State of <br /> North Carolina. The financial and compliance audit will cover federal, state and local funding <br /> sources in accordance with the Federal and State Single Audit Acts; applicable laws and <br /> regulations; and generally accepted auditing standards. <br /> FINANCIAL IMPACT: Funds were included in the Manager's Recommended FY 2019-20 <br /> Operating Budget for the audit contract. The cost to conduct the audit services for the first <br /> renewal year is $82,500. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br /> this item: <br /> • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY <br /> The creation and preservation of infrastructure, policies, programs and funding necessary <br /> for residents to provide shelter, food, clothing and medical care for themselves and their <br /> dependents. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br /> 1) Approve exercising the first renewal option pursuant to original audit contract award; and <br /> 2) Authorize the requisite County signatures of the audit renewal contract as required by the <br /> North Carolina Local Government Commission. <br />