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Type:
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Contract
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Status:
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Passed
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On agenda:
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3/16/2016
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Final action:
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3/24/2016
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Title:
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AUTHORIZE the Chief Executive Officer to award a five-year, firm fixed unit price contract, pending the resolution of a protest:
A. Contract No. PS4488900, to Vasquez & Company, LLP to perform Package A of the fiscal years (FY) 2016-20 Consolidated Financial and Compliance Audit of the programs, jurisdictions and agencies listed in Attachment C, for $1,583,529 for the base audits and $758,141 for the option audits, for a combined not to exceed total of $2,341,670, effective April 1, 2016; and
B. Contract No. PS4489300, to Simpson & Simpson, LLP to perform Package B of the fiscal years (FY) 2016-20 Consolidated Financial and Compliance Audit of the programs, jurisdictions and agencies listed in Attachment D, for $2,572,500 for the base audits and $1,200,000 for the option audits, for a combined not to exceed total of $3,772,500, effective April 1, 2016.
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Indexes:
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Audit, Budgeting, Burbank, C Line (Green) Extension to Torrance, Commerce, Consolidated Audit, Contracts, Evaluation and assessment, Federal Transit Administration, Financial Audit, Formula Allocation / Local Return, Glendale, Guidelines, Immediate Needs Transportation Program, LADOT Transit, Measure R, Measure R Admin Costs (Project), Memorandum Of Understanding, Metro Green Line, Metro Rail C Line, Other P&P Planning (Mou, Hov, Tdm, Bikeways, Funds Admin, Public Outreach) (Project), Pasadena, Procurement, Program, Proposition A, Proposition C, Redondo Beach, Security, Small Business Enterprise, Subsidies, Support for Homeless on Re-entry Program, Torrance, Transit operators, Transit System, Transportation Development Act - Article 4, Transportation Development Act of 1971
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Meeting_Body 2nd REVISED EXECUTIVE MANAGEMENT COMMITTEE MARCH 17, 2016 Subject/Action SUBJECT: CONSOLIDATED AUDIT FOR FISCAL YEARS 2016-20 ACTION: AWARD CONTRACTS Heading RECOMMENDATION Title AUTHORIZE the Chief Executive Officer to award a five-year, firm fixed unit price contract, pending the resolution of a protest: A. Contract No. PS4488900, to Vasquez & Company, LLP to perform Package A of the fiscal years (FY) 2016-20 Consolidated Financial and Compliance Audit of the programs, jurisdictions and agencies listed in Attachment C, for $1,583,529 for the base audits and $758,141 for the option audits, for a combined not to exceed total of $2,341,670, effective April 1, 2016; and B. Contract No. PS4489300, to Simpson & Simpson, LLP to perform Package B of the fiscal years (FY) 2016-20 Consolidated Financial and Compliance Audit of the programs, jurisdictions and agencies listed in Attachment D, for $2,572,500 for the base audits and $1,200,000 for the option audits, for a combined not to exceed total of $3,772,500, effective April 1, 2016. Issue ISSUE As the Regional Transportation Planner for Los Angeles County, Metro is responsible for planning, programming and allocating transportation funding to Los Angeles County jurisdictions, transit operators and other transportation programs. Metro has the fiduciary responsibility to provide assurance that recipients of funds included in the Consolidated Audit are adhering to the statutes, program guidelines, and/or agreements of each applicable funding source and that operations data used to allocate funds is fair and in accordance with Federal Transit Administration (FTA) guidelines. The Consolidated Audit process includes financial and compliance audits of the following programs: 1. Local Funding Program to the 88 cities and Unincorporated Los Angeles County. a. Proposition A Local Return b. Proposition C Local Return c. Measure R Local Return d. Transit Development Act (TDA) 3 e. Transit Developme... Click here for full text
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