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Professional Services Agreement With Forvis Mazar, LLP for Financial Auditing Services for Clerk of Circuit Court and Comptroller (Contract No. 25-PS0212/CT; Amount: $1,215,713.08)
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BRIEF OVERVIEW
The Hernando County Clerk of Circuit Court and Comptroller, Finance Department, requires an external audit to be performed each Fiscal Year (FY) for each constitutional office in Hernando County. The current auditing firm is in the last year of their contract.
The Clerk Finance Department has requested to enter into an agreement for financial auditing services with Forvis Mazar, LLP and recommends that the County terminate the current agreement with MSL, P.A. (Contract No. 20-R00066).
The new agreement will include the completion of the FY2024 financial audit and each FY audit thereafter through FY2028. The term of the agreement will be for five (5) years, with a unilateral option to renew for one (1) year. If exercised, the renewal would provide services for completion of the FY2029 audit.
As requested by the Clerk Finance Department, the Procurement Department has prepared Professional Services Agreement No. 25-PS0212/CT.
The Chief Procurement Officer has reviewed this agreement for conformance to Procurement Ordinance and Procurement Policies and Procedures.
FINANCIAL IMPACT
Funding in the amount of $108,360.00 is budgeted and available in Fund: 0011 - General Fund, Department: 01051 - BOCC, Account: 5303201 - Annual Audit, in the FY2025 budget. The remaining contract amounts will be budgeted in future years.
LEGAL NOTE
Financial auditing is a service related to accounting and is therefore exempt from competitive bidding pursuant to Section 2-101(3) of the Hernando County Code.
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RECOMMENDATION
It is recommended the Board approve the agreement for financial auditing services with Forvis Mazars, LLP for a five (5) year term, with one (1) unilateral option to renew for one (1) year, in the amount of $1,215,713.08 and approv...
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