HomeMy WebLinkAbout~Master - Change Order #2 for Auditing Serivces for FY 2001/02 RESOLUTION NO. 03-121
RESOLUTION APPROVING CHANGE ORDER NO. 2
TO CONTRACT FOR AUDITING SERVICES FOR FY 2001/02
FOR THE CITY OF AMES
WHEREAS, in July 2002, the City signed an audit engagement letter with Deloitte and
Touche for the audit of the City's financial statements for the year ended June 30, 2002; and,
WHEREAS, the cost of this audit was $61,415, excluding billing for hours spent on
additional items and auditing required by the new reporting standard, GASB Statement 34; and,
WHEREAS, the original purchase order was issued with an additional 15% for GASB 34,
or$9,213, making the contract total $70,628; and,
WHEREAS, at the time the original purchase order was issued, the additional charges for
GASB 34 were estimated because audit guidelines had not yet been issued; and,
WHEREAS,on February 19,2003,Change Order No. 1 was issued in the amount of$14,125
to cover the increased costs and billing for GASB 34 work; and,
WHEREAS,a final billing has been received from the audit firm and a second change order
in the amount of$12,934.50 is required to fund all of the additional work required by GASB 34;and,
WHEREAS, proposed Change Order No. 2 requires Council approval because the total
change orders will exceed 20% of the original contract amount.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that Change Order No. 2 in the amount of$12,934.50 to the contract with Deloitte and Touche to
provide auditing services for FY 2001/02 is hereby approved.
ADOPTED THIS 8`' day of April, 2003.
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Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Wirth
Voting aye: Cross, Goodhue, Hoffman, Mahayni, Vegge, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 8t1i of April, 2003.