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Authorization to Enter into a Contract for Audit Services
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WHEREAS, the County of Kane is required to procure the professional services of an audit firm to audit its basic financial statements, audit certain supplementary information, perform limited procedures on required supplemental information, perform certain agreed upon procedures, generate specified financial reports and provide certain in-relation-to opinions, beginning with Fiscal Year ending November 30, 2024; and
WHEREAS, the County solicited proposals for professional services (RFP#24-051) required to conduct these audit services; and
WHEREAS, , based on the analysis of the proposals received, Baker Tilly US, LLP has been selected to perform the auditing services for a cost proposal of $129,000 for the first year, with the option to renew annually for four additional one year periods at predetermined fixed rates of $135,500 the second year, $142,200 the third year, $149,300 the fourth year, and $156,700 the fifth year.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the Chairman thereof is authorized to enter into a one year contract with Baker Tilly, Oak Brook, IL for the provision of auditing services with mutual option to renew annually for four additional one year periods.
Line Item: 001.040.040.50130 & 205.250.288.50150
Line Item Description: Certified Audit Contract & Contractual/Consulting Services
Was Personnel/Item/Service approved in original budget or a subsequent budget revision? Yes
Are funds currently available for this Personnel/Item/Service in the specific line item? Yes
If funds are not currently available in the specified line item, where are the funds available?
N/A
Passed by the Kane County Board on November 12, 2024.
____________________________ ____________________________
John A. Cunningham, MBA, JD, JD Corinne M. Pierog MA, MBA
Clerk, County Board ...
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