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8 <br /> LGC-205 CONTRACT TO AUDIT ACCOUNTS Rev. 9/2019 <br /> FEES FOR AUDIT SERVICES <br /> 1. For all non-attest services, the Auditor shall adhere to the independence rules of the AICPA Professional <br /> Code of Conduct (as applicable) and Governmental Auditing Standards,2018 Revision. Refer to Item 27 of <br /> this contract for specific requirements. The following information must be provided by the Auditor; contracts <br /> presented to the LGC without this information will be not be approved. <br /> Financial statements were prepared by: ❑✓ Auditor ❑Governmental Unit ❑Third Party <br /> If applicable: Individual at Governmental Unit designated to have the suitable skills, knowledge, and/or <br /> experience (SKE) necessary to oversee the non-attest services and accept responsibility for the <br /> results of these services: <br /> Name: Title and Unit/Company: Email Address: <br /> Gary Donaldson I CFO gdonaldson@orangecountync.gov <br /> 2. Fees may not be included in this contract for work performed on Annual Financial Information Reports <br /> (AFIRs), Form 990s, or other services not associated with audit fees and costs. Such fees may be included <br /> in the engagement letter but may not be included in this contract or in any invoices requiring approval of the <br /> LGC. See Items 8 and 13 for details on other allowable and excluded fees. <br /> 3. Prior to submission of the completed audited financial report, applicable compliance reports and amended <br /> contract (if required) the Auditor may submit invoices for approval for services rendered, not to exceed 75% <br /> of the total of the stated fees below. If the current contracted fee is not fixed in total, invoices for services <br /> rendered may be approved for up to 75% of the prior year billings. Should the 75% cap provided below <br /> conflict with the cap calculated by LGC staff based on the prior year billings on file with the LGC, the LGC <br /> calculation prevails. All invoices for services rendered in an audit engagement as defined in 20 NCAC <br /> 3 .0503 shall be submitted to the Commission for approval before any payment is made. Payment before <br /> approval is a violation of law. (This paragraph not applicable to contracts and invoices associated with audits <br /> of hospitals). <br /> PRIMARY GOVERNMENT FEES <br /> Primary Government Unit Orange County <br /> Audit Fee $ 79,500 <br /> Additional Fees Not Included in Audit Fee: <br /> Fee per Major Program $ <br /> Writing Financial Statements $ 5,000 <br /> All Other Non-Attest Services $ <br /> 75% Cap for Interim Invoice Approval <br /> $ 63,375.00 <br /> (not applicable to hospital contracts) <br /> DPCU FEES (if applicable) <br /> Discretely Presented Component Unit <br /> Audit Fee $ <br /> Additional Fees Not Included in Audit Fee: <br /> Fee per Major Program $ <br /> Writing Financial Statements $ <br /> All Other Non-Attest Services $ <br /> 75%Cap for Interim Invoice Approval $ <br /> (not applicable to hospital contracts) <br /> Page 6 <br />