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HomeMy WebLinkAbout6/27/2007 - STAFF REPORTS - 2.I. tro CITY COUNCIL STAFF REPORT DATE: June 27, 2007 Consent Calendar SUBJECT: APPROVAL OF MORELAND & ASSOCIATES TO PROVIDE AUDITING SERVICES FROM: David H. Ready, City Manager BY: Department of Finance and Treasury SUMMARY The City and the Community Redevelopment Agency are required by law and the Government Accounting Standards Board (GASB) to issue Comprehensive Annual Financial Reports that are audited by an outside audit firm. The City has had the same audit firm for the past 20 years and decided to solicit proposals at the end of the current agreement. In April, the City issued a formal Request for Proposals (RFP) for Audit Services. A total of seven (7) firms responded to the City's RFP and, after an exhaustive evaluative process, staff is recommending the firm of Moreland and Associates. This action will approve a contract with Moreland and Associates for professional auditing services for an initial three (3) year contract with two (2) one (1) year options at the City's discretion. RECOMMENDATION: 1. Adopt Minute Order No. , Approving a Contract for Professional Financial Auditing Services with Moreland and Associates, Inc., in an amount not-to-exceed $231,610 for the initial three (3) year term, with two (2) additional one (1) year options at the discretion of the City Manager. 2. Authorize the City Manager to sign and execute the appropriate documents. STAFF ANALYSIS: The City, the Community Redevelopment Agency and other components units are required by law and by standards set up by the Government Accounting Standards Board (GASB) to issue a Comprehensive Annual Financial Report that has been audited by an outside auditing firm according to standards and procedures set up by ITEM NOS City Council Staff Report June 27, 2007—page 2 Approval of Audit Services Contract with Moreland and Associates GASB. The independent auditor plays an important and reassuring role in testing and evaluating the city's system of internal controls and overall financial management for signs of strength and weakness and reporting the results. They can also serve as a valuable resource as government financial reporting continues to evolve and government financial management becomes more complex and legally constrained. The current contract with Mayer Hoffman McCann P.G., Conrad Government Services Division expired this year. Mayer, formerly Conrad & Associates, has served as the City's auditors for the past twenty years. Last year, the City Council directed staff to solicit proposals for audit services at the end of the current contract term with Mayer Hoffman. In April, the City issued a formal Request for Proposal for audit services. The City received seven (7) proposals: Mayer Hoffman McCann P.C., Diehl Evans & Company, Moreland and Associates, Rogers, Anderson, Malody & Scott; Vavrinek, Trine, Day & Co.; Moss, Levy & Hartzheim; and Brown Armstrong Accountancy Corp. These proposals were reviewed and scored by an evaluation committee consisting of the Director of Finance and Treasurer, the Assistant City Manager for Administrative Services, the Director of Community and Economic Development and the City Clerk. After reviewing and scaring the proposals, the committee conducted interviews with the two (2) highest scoring firms. Following the interviews, the committee unanimously recommended the selection of Moreland & Associates to be the City's auditors for the next three (3) years. The Assistant City Manager-Administrative Services and the Purchasing Manager have negotiated the attached contract for your review and approval. Moreland & Associates is a large regional CPA firm providing auditing, consulting and accounting services across the State of California. Over ninety-five percent of their work involves services to local government clients-the balance are other not- for-profit clients. Moreland currently provides audit services to 35 cities throughout the State, including the cities of Cathedral City, Covina, Monterey, Simi Valley, Seal Beach, San Clemente, Tustin and Del Mar. They also provide audit services to a number of special districts including the Imperial Irrigation District and the Riverside County Local Agency Formation Commission (LAFCO). Moreland has offices in Newport Beach and San Marcos. The City will be served by the Newport Beach Office. The engagement manager that will be assigned to oversee the City's audit has over ten years of experience auditing public agencies and is a Certified Public Accountant. FISCAL IMPACT: The three (3) year contract for the required audit services of the City's Financial Statements is $185,098. The cost in FY 07-08 is $59,300. In addition to the required City Council Staff Report June 27, 2007-page 3 Approval of Audit Services Contract with Moreland and Associates services, there are several optional services that the City may utilize, if desired. These optional services, which are individually priced below, total $46,512 over the three (3) year period. The total cost, including the optional services, would be $231,610. Listed below is the breakdown of the different services and the cost by year. YEAR 2007 2008 2009 Total Required Services Audit of Financial Statements $ 37,800 $ 39,300 $ 40,884 $ 117,984 Redevelopment Agency Audit 8,000 8,320 8,653 24,973 Single Audit (Grants) 8,000 8,320 8,653 24,973 Financing Authority Audit 4,000 4,160 4,326 12,486 Street Report 1,500 1,560 1,622 4,682 TOTAL REQUIRED $ 59,300 $ 61,660 $ 64,138 $ 185,098 Optional Services City State Controller's Report $ 5,000 $ 5,200 $ 5,408 $ 15,608 RDA State Controller's Report 3,600 3,744 3,894 11,238 Golf Course Compliance Review 3,800 3,952 4,110 11,862 DDA Reviews 2,500 2,600 2,704 7,804 TOTAL OPTIONAL $14,900 $ 15,496 $ 16,116 $ 46,512 TOTAL ALL SERVICES $ 74,200 $ 77,156 $ 80,254 $ 231,610 The City has budgeted for the required services in various accounts in the Fiscal Year 07/08 budget. Staff is not recommending any of the optional services at this time. If staff elects to use any of the optional services, a separate budget amendment will be submitted to the City Council for approval. Craig . Graves, Director of Finance and Trp L. Butzliff, sistant City T re Iv n n'strative Services rea r g y David H. Ready, City Nl�ger Attachments: 1. Minute Order 2. Professional Services Agreement with Moreland and Associates MINUTE ORDER NO. APPROVE CONTRACT FOR PROFESSIONAL FINANCIAL AUDITING SERVICES WITH MORELAND & ASSOCIATES, INC., IN AN AMOUNT NOT TO EXCEED $231,610 FOR THE INITIAL THREE YEAR TERM, WITH TWO ADDITIONAL ONE YEAR OPTIONS AT THE DISCRETION OF THE CITY MANAGER_ I, James Thompson, City Clerk of the City of Palm Springs, hereby certify that this Minute Order approving a contract for Professional Financial Auditing Services with Moreland &Associates, Inc_, in an amount not to exceed $231, 610 for the initial three year term, with two additional one year options at the discretion of the City Manager, was adopted by the City Council of the City of Palm Springs, California, in a meeting thereof held on the 27th day of June 2007. James Thompson, City Clerk PROFESSIONAL SERVICES AGREEMENT FINANCIAL AUDITING SERVICES THIS PROFESSIONAL SERVICES AGREEMENT (hereinafter "Agreement") is made and entered into, to be effective this day of 2007, by and between the CITY OF PALM SPRINGS, a Califorria charter city and municipal corporation, (hereinafter referred to as "City") and MORELAND & ASSOCIATES, INC., a California corporation, (hereinafter referred to as "Consultant"). City and Consultant are sometimes hereinafter individually referred to as "Party" and are hereinafter collectively referred to as the"Parties." RECITALS A. City has determined that there is a need for professional Financial Auditing services for Government Accounting Standards Board (GASB) mandated Comprehensive Annual Financial Reports (the"Project"). B- Consultant has submitted to City a proposal to provide Financial Auditing services to City for the Project pursuant to the terms ol'this Agreement. C. Consultant is qualified by virtue of its experience, training, education, reputation, and expertise to provide these services and has agreed to provide such services as provided herein. D. City desires to retain Consultant to provide such professional services. NOW, THEREFORE, in consideration of the promises and mutual obligations, covenants, and conditions contained herein, and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: AGREEMENT 1. SERVICES OF CONSULTANT 1.1 Scope of Services. In compliance with all terms and conditions of this Agreement, Consultant agrees to perform the professional services set forth in the Scope of Services described in Consultant's signed, original proposal dated May 11, 2007, entitled "Proposal for Audit Services, City of Palm Springs," which is attached hereto as Exhibit "A" and is incorporated herein by reference (hereinafter referred to as the "Services" or "Work"). As a material inducement to the City entering into this Agreement, Consultant represents and warrants that Consultant is a provider of first class work and professional services and that Consultant is experienced in performing the Work and Services contemplated herein and, in light of such status and experience, Consultant covenants that it shall follow the highest professional standards in performing the Work and Services required hereunder. For purposes of this Agreement, the phrase "highest professional standards" shall mean those standards of practice recognized as high quality among well-qualified and experienced professionals performing similar work under similar circumstances. C � I I'`USr25"�✓PI'U11LIC`U7RfPti`lil'I'Oti-II]\MOlt pl ANO ACM I 1 1.2 Contract Documents. The Agreement between the Parties shall consist of the following: (1) this Agreement; (2) the City's Request for Proposals; and, (3) the Consultant's signed, original proposal dated May 11, 2007, entitled "Proposal for Audit Services, City of Palm Springs" submitted to the City ("Consultant's Proposal"), which shall all be referred to collectively hereinafter as the "Contract Documents." The Consultant's Proposal and the City's Request for Proposals, which are both attached hereto as Exhibits "A" and `B," respectively, are hereby incorporated by reference and are made a part of this Agreement. The Scope of Services is included as part of the Consultant's Proposal. All provisions of the Scope of Services, the City's Request for Proposals, and the Consultant's Proposal shall be binding on the Parties. Should any conflict or inconsistency exist in the Contract Documents, the conflict or inconsistency shall be resolved by applying the provisions in the highest priority document, which shall be determined in the following order of priority: (1")the teens of this Agreement; (2"d) the provisions of the City's Request for Proposal (Exhibit `B"); (3'a) the provisions of the Consultant's Proposal (Exhibit"A"). 1.3 Compliance with Law. Consultant warrants that all Services rendered hereunder shall be performed in accordance with all applicable federal, state, and local laws, statutes, and ordinances and all lawful orders, rules, and regulations promulgated thereunder. 1.4 Licenses, Permits, Fees, and Assessments. Consultant represents and warrants to City that it has obtained all licenses, permits, qualifications, and approvals of whatever nature that are legally required to practice its profession and penforn the Work and Services required by this Agreement. Consultant represents and warrants to City that Consultant shall, at its sole cost and expense, keep in effect at all times during the term of this Agreement, any license, permit, qualification, or approval that is legally required for Consultant to perform the Work and Services under this Agreement. Consultant shall have the sole obligation to pay for any fees, assessments, and taxes, plus applicable penalties and interest, which may be imposed by law and arise from or are necessary for the Consultant's performance of the Work and Services required by this Agreement, and shall indemnify, defend, and hold harmless City against any such fees, assessments, taxes penalties, or interest levied, assessed, or imposed against City hereunder. 1.5 Familiarity with Work, By executing this Agreement, Consultant warrants that Consultant (a) has thoroughly investigated and considered the Scope of Services to be performed, (b) has carefully considered how the Services should be performed, and (c) fully understands the facilities, difficulties, and restrictions attending performance of the Services under this Agreement. If the Services involve work upon any site, Consultant warrants that Consultant has or will investigate the site and is or will be fully acquainted with the conditions there existing, prior to commencement of any Services hereunder. Should the Consultant discover any latent or unknown conditions that will materially affect the performance of the Services hereunder, Consultant shall immediately inform the City of such fact and shall not proceed except at Consultant's risk until written instructions are received from the City. 1.6 Care of Work. Consultant shall adopt reasonable methods during the tern of the Agreement to furnish continuous protection to the Work and the equipment, materials, papers, documents, plans, studies, and/or other components thereof to prevent losses or damages, and y161 ^s ,USERS',W PPOELIC`A7RPPS,RrP 09.117�MURELAND AGNI F. 2 shall be responsible for all such damages, to persons or property, until acceptance of the Work by the City, except such losses or damages as may be caused by City's own negligence. 1.7 Further Responsibilities of Parties. Both Parties agree to use reasonable care and diligence to perform their respective obligations under this Agreement. Both Parties agree to act in good faith to execute all instruments, prepare all documents, and take all actions as may be reasonably necessary to carry out the purposes of this Agreement. 1.8 Additional Services. City shall have the right at any time during the performance of the Services, without invalidating this Agreement, to order extra work beyond that specified in the Scope of Services or make changes by altering, adding to, or deducting from such Work. No such extra work may be undertaken unless a written order is first given by the City to the Consultant, incorporating therein any adjustment in (i) the Maximum Contract Amount, as defined below, and/or (ii) the time to perform this Agreement, which adjustments are subject to the written approval of the Consultant. Any increase in compensation of up to twenty-five percent (25%) of the Maximum Contract Amount or S25,000, whichever is less, or in the time to perform of up to thirty(30) days, may be approved by the City Manager, or his designee, as may be needed to perform any extra work. Any greater increases, occurring either separately or cumulatively, must be approved by the Palm Springs City Council. It is expressly understood by Consultant that the provisions of this section shall not apply to the services specifically set forth in the Scope of Services or reasonably contemplated therein, regardless of whether the time or materials required to complete any work or service identified in the Scope of Services exceeds any time or material amounts or estimates provided therein. 2. COMPENSATION 2.1 Maximum Contract Amount. For the Services rendered pursuant to this Agreement, Consultant shall be compensated by City in accordance with the Schedule of Compensation, which is included in the Consultant's Proposal (Exhibit "A") entitled "Sealed Dollar Cost Bid Schedule for City of Palm Springs Professional Auditing Services RFP 08-07 dated May 11, 2007", and is incorporated herein by reference, but not exceeding the maximum contract amount of Two Hundred Thirty One Thousand Six Hundred Ten Dollars, ($231,610) (hereinafter referred to as the "Maximum Contract Amount") for the initial three year tern for all nine annual and optional tasks, except as may be provided pursuant to Section 1.8 above. The method of compensation shall be as set forth in Exhibit "A — Sealed Dollar Cost Bid Schedule." Compensation for necessary expenditures for reproduction costs, telephone expenses, and transportation expenses must be approved in advance by the Contract Officer designated pursuant to Section 4.2 and will only be approved if such expenses are also specified in the Schedule of Compensation. The Maximum Contract Amount shall include the attendance of Consultant at all Project meetings reasonably deemed necessary by the City. Consultant shall not be entitled to any increase in the Maximum Contract Amount for attending these meetings. Consultant hereby acknowledges that it accepts the risk that the services identified in the Scope of Services may be more costly and/or time-consuming than Consultant anticipates, that Consultant shall not be entitled to additional compensation therefore, and that the provisions of Section 1.8 shall not be applicable to the services identified in the Scope of Services. The maximum amount of city's payment obligation under this section is the amount specified herein. ( _ II IUSERSIWPPUBLIC WR OPPS RF OS5 MORELANDAGNIT 3 If the City's maximum payment obligation is reached before the Consultant's Services under this Agreement are completed, consultant shall nevertheless complete the Work without liability on the City's part for further payment beyond the Maximum Contract Amount. 2.2. Method of Payment. Unless some other method of payment is specified in the Schedule of Compensation (Exhibit "A", Sealed Dollar Cost Bid Schedule), in any month in which Consultant wishes to receive payment, no later than the tenth (10) working day of such month, Consultant shall submit to the City, in a form approved by the City's Finance Director, an invoice for services rendered prior to the date of the invoice. Such requests shall be based upon the amount and value of the services performed by Consultant and accompanied by such reporting data including an itemized breakdown of all costs incurred and tasks performed during the period covered by the invoice, as may be required by the City. City shall use reasonable efforts to make payments to Consultant within forty-five (45) days after receipt of the invoice or a soon thereafter as is reasonably practical- There shall be a maximum of one payment per month. 2.3 Chan es in Scope. In the event any change or changes in the Scope of Services is requested by the City, the Parties shall execute a written amendment to this Agreement, setting forth with particularity all terms of such amendment, including, but not limited to, any additional professional fees. An amendment may be entered into: (a) to provide for revisions or modifications to documents or other work product or work when documents or other work product or work is required by the enactment or revision of law subsequent to the preparation of any documents, other work product, or work; and/or (b) to provide for additional services not included in this Agreement or not customarily furnished in accordance with generally accepted practice in Consultant's profession. 2.4 Appropriations, This Agreement is subject to and contingent upon funds being appropriated therefore by the Palm springs City Council for each fiscal year covered by the Agreement. If such appropriations are not made, this Agreement shall automatically terminate without penalty to the City. 3. SCHEDULE OF PERFORMANCE 3.1 Time of Essence. Time is of the essence in the performance of this Agreement. The time for completion of the services to be perfonned by Consultant is an essential condition of this Agreement. Consultant shall prosecute regularly and diligently the Work of this Agreement according to the agreed upon schedule in the Consultant's Proposal (Exhibit"A"). 3.2 Schedule of Performance. Consultant shall commence the Services pursuant to this Agreement upon receipt of a written notice to proceed and shall perfomn all Services within the time period(s) established in the agreed upon schedule in the Consultant's Proposal, which is attached hereto as Exhibit "A" and is incorporated herein by reference. When requested by Consultant, extensions to the time period(s) specified in the Schedule of Performance may be approved in writing by the Contract Officer, but such extensions shall not exceed one hundred eighty (180) days cumulatively; however, the City shall not be obligated to grant such an extension. IL USERSMITUULIC 07RPPS\RFP09-07\M0IUi1�N1)AOM 1 4 3.3 Force Maieure. The time period(s) specified in the Schedule of Performance for performance of the Services rendered pursuant to this Agreement shall be extended because of any delays due to unforeseeable causes beyond the control and without the fault or negligence of the Consultant (financial inability excepted), including, but not limited to, acts of God or of the public enemy, unusually severe weather, fires, earthquakes, floods, epidemics, quarantine restrictions, riots, strikes, freight embargoes, wars, and/or acts of any governmental agency, including the City, if Consultant, within ten (10) days of the commencement of such delay, notifies the City Manager in writing of the causes of the delay. The City Manager shall ascertain the Pacts and the extent of delay, and extend the time for performing the Services for the period of the enforced delay when and if in the judgrnent of the City Manager such delay is justified. The City Manager's determination shall be final and conclusive upon the Parties to this Agreement. In no event shall Consultant be entitled to recover damages against the City for any delay in the performance of this Agreement, however caused, Consultant's sole remedy being extension of the Agreement pursuant to this section. 3.4 Term. Unless earlier terminated as provided elsewhere in this Agreement, this Agreement shall commence upon the effective date of this Agreement and continue in full force and effect until completion of the Services for an initial term of three (3) years with two (2) additional one (1) year options by mutual written agreement of the Parties, and pursuant to Section 3.2 above, unless extended by mutual written agreement of the Parties. 4. COORDINATION OF WORK 4.1 Representative of Consultant. The following principal of Consultant is hereby designated as being the principal and representative of Consultant authorized to act in its behalf with respect to the Services to be performed under this Agreement and make all decisions in connection therewith: Michael C. Moreland, Partner. It is expressly understood that the experience, knowledge, education, capability, expertise, and reputation of the foregoing principal is a substantial inducement for City to enter into this Agreement. Therefore, the foregoing principal shall be responsible during the term of this Agreement for directing all activities of Consultant and devoting sufficient time to personally supervise the services performed hereunder. The foregoing principal may not be changed by Consultant without prior written approval of the Contract Officer. 4.2 Contract Officer. The Contract Officer shall be such person as may be designated by the City Manager of City, and is subject to change by the City Manager. It shall be the Consultant's responsibility to ensure that the Contract Officer is kept fully informed of the progress of the perfornance of the Services, and the Consultant shall refer any decisions which must be made by City to the Contract Officer. Unless otherwise specified herein, any approval of City required hereunder shall mean the approval of the Contract Officer. The Contract Officer shall have authority to sign all documents on behalf of the City required hereunder to carry out the terms of this Agreement. 4.3 Prohibition Against Subcontracting or Assignments. The experience, knowledge, capability, expertise, and reputation of Consultant, its principals and employees, were a substantial inducement for City to enter into this Agreement. Therefore, Consultant shall C . Cnne I I USERS'MP11U13LJC\07RFPS\RPP 08.117WORCLAND AGM 1 5 not assign the performance of this Agreement, nor any part thereof, nor any monies due hereunder, voluntarily or by operation of law, without the prior written consent of City. Consultant shall not contract with any other entity to perform the Services required under this Agreement without the prior written consent of City. if Consultant is permitted to subcontract any part of this Agreement by City, Consultant shall be responsible to City for the acts and omissions of its subcontractor(s) in the same manner as it is for persons directly employed. Nothing contained in this Agreement shall create any contractual relationships between any subcontractor and City. All persons engaged in the Work will be considered employees of Consultant. City will deal directly with and will make all payments to Consultant. In addition, neither this Agreement nor any interest herein may be transferred, assigned, conveyed, hypothecated, or encumbered voluntarily or by operation of law, whether for the benefit of creditors or otherwise, without the prior written consent of City. Transfers restricted hereunder shall include the transfer to any person or group of persons acting in concert of more than twenty five percent (25%) of the present ownership and/or control of Consultant, taking all transfers into account on a cumulative basis. In the event of any such unapproved transfer, including any bankruptcy proceeding, this Agreement shall be void. No approved transfer shall release Consultant or any surety of Consultant from any liability hereunder without the express written consent of City- 4.4 Independent Contractor. A- The legal relationship between the Parties is that of an independent contractor, and nothing herein shall be deemed to make Consultant a City employee. During the performance of this Agreement, Consultant and its officers, employees, and agents shall act in an independent capacity and shall not act as City officers or employees. The personnel performing the Services under this Agreement on behalf of Consultant shall at all times be under Consultant's exclusive direction and control. Neither City nor any of its officers, employees, or agents shall have control over the conduct of Consultant or any of its officers, employees, or agents, except as set forth in this Agreement. Consultant, its officers, employees, or agents shall not maintain an office or any other type of fixed business location at City's offices. City shall have no voice in the selection, discharge, supervision, or control of Consultant's employees, servants, representatives, or agents, or in fixing their number, compensation, or hours of service. Consultant shall pay all wages, salaries, and other amounts due its employees in connection with this Agreement and shall be responsible for all reports and obligations respecting them, including but not limited to social security income tax withholding, unemployment compensation, workers' compensation, and other similar matters. City shall not in any way or for any purpose be deemed to be a partner of Consultant in its business or otherwise a joint venturer or a member of any joint enterprise with Consultant. B- Consultant shall not incur or have the power to incur any debt, obligation, or liability against City, or bind City in any rnnauner- C. No City benefits shall be available to Consultant, its officers, employees, or agents in connection with any performance under this Agreement. Except for professional fees paid to Consultant as provided for in this Agreement, City shall not pay salaries, wages, or other compensation to Consultant for the perfonnance of Services under this Agreement. City 11 T5r25lW 1TUL3LIC`072FP5`2f-P 08-071MOR8I.AND A(;M 1 6 shall not be liable for compensation or indemnification to Consultant, its officers, employees, or agents, for injury or sickness arising out of performing Services hereunder. If for any reason any court or governmental agency determines that the City has financial obligations, other than pursuant to Section 2 and Subsection 1.8 herein, of any nature relating to salary, taxes, or benefits of Consultant's officers, employees, servants, representatives, subcontractors, or agents, Consultant shall indemnify City for all such financial obligations. 5. INSURANCE 5.1 Types of Insurance. Consultant shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, the insurance described herein for the duration of this Agreement, including any extension thereof, or as otherwise specified herein, against claims which may arise from or in connection with the perfonnance of the Work hereunder by Consultant, its agents, representatives, or employees. In the event the City Manager determines that the Work or Services to be performed under this Agreement creates an increased or decreased risk of loss to the City, the Consultant agrees that the minimum limits of the insurance policies may be changed accordingly upon receipt of written notice from the City Manager or his designee. Consultant shall immediately substitute any insurer whose A.M. Best rating drops below the levels specified herein. Except as otherwise authorized below for professional liability (errors and omissions) insurance, all insurance provided pursuant to this Agreement shall be on an occurrence basis_ The minimum amount of insurance required hereunder shall be as follows: A. Errors and Omissions Insurance. Consultant shall obtain and maintain in full force and effect throughout the tern of this Agreement, standard industry form professional liability (errors and omissions) insurance coverage in an amount of not less than one million dollars ($1,000,000.00) per occurrence and two-million dollars (52,000,000.00) annual aggregate, in accordance with the provisions of this section. (1) Consultant shall either: (a) certify in writing to the City that Consultant is unaware of any professional liability claims made against Consultant and is unaware of any facts which may lead to such a claim against Consultant; or (b) if Consultant does not provide the certification pursuant to (a), Consultant shall procure from the professional liability insurer an endorsement providing that the required limits of the policy shall apply separately to claims arising from errors and omissions in the rendition of services pursuant to this Agreement. (2) If the policy of insurance is written on a "claims made" basis, the policy shall be continued in full force and effect at all times during the tern of this Agreement, and for a period of three (3) years from the date of the completion of the Services provided hereunder. In the event of termination of the policy during this period, Consultant shall obtain continuing insurance coverage for the prior acts or omissions of Consultant during the course of performing Services under the terms of this Agreement. The coverage shall be evidenced by either a new policy evidencing no gap in coverage, or by obtaining separate extended "tail" coverage with the present or new carrier or other insurance arrangements providing for complete coverage, either of which shall be subject to the written approval by the City Manager, ILNSERS,WPPOBLICOWN RrPO-OTMURELANDAGMT 7 (3) In the event the policy of insurance is written on an "occurrence" basis, the policy shall be continued in full force and effect during the term of this Agreement, or until completion of the Services provided for in this Agreement, whichever is later. In the event of termination of the policy during this period, new coverage shall immediately be obtained to ensure coverage during the entire course of performing the Services under the terms of this Agreement. B. Workers' Compensation Insurance. Consultant shall obtain and maintain, in full force and effect throughout the term of this Agreement, workers' compensation insurance in at least the minimum statutory amounts, and in compliance with all other statutory requirements, as required by the State of California- Consultant agrees to waive and obtain endorsements from its workers' compensation insurer waiving subrogation rights under its workers' compensation insurance policy against the City and to require each of its subcontractors, if any, to do likewise under their workers' compensation insurance politics. If Consultant has no employees, Consultant shall complete the City's Request for Waiver of Workers' Compensation Insurance Requirement fonn. C. Commercial General Liability Insurance. Consultant shall obtain and maintain, in full force and effect throughout the term ol'this Agreement, a policy of commercial general liability insurance written on a per occurrence basis with a combined single limit of at least one million dollars ($1,000,000.00) and two million dollars ($2,000,000.00) general aggregate for bodily injury and property damage including coverages for contractual liability, personal injury, independent contractors, broad form property damage, products and completed operations- D. Business Automobile Insurance- Consultant shall obtain and maintain, in full force and effect throughout the term of this Agreement, a policy of business automobile liability insurance written on a per occurrence basis with a single limit liability in the amount of one million dollars (S1,000,000.00) bodily injury and property damage. The policy shall include coverage for owned, non-owned, leased, and hired cars. E. Employer Liability Insurance- Consultant shall obtain and maintain, in full force and effect throughout the term of this Agreement, a policy of employer liability insurance written on a per occurrence basis with a policy limit of at least one million dollars ($1,000,000.00) for bodily injury or disease. 5.2 Deductibles and Self-insured Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City Manager prior to commencing any work or services under this Agreement- Consultant guarantees payment of all deductibles and self- insured retentions. City reserves the right to reject deductibles or self-insured retentions in excess of 510,000, and the City Manager may require evidence of pending claims and claims history as well as evidence of Consultant's ability to pay claims for all deductible amounts and self-insured retentions proposed in excess of$10,000. 5.3 Other Insurance Requirements. The following provisions shall apply to the 1Pn rt usEaswrrurirrrc,a7arrsnirros-n7\Moiicr.nNnnrnir 8 - � insuraarce policies required of Consultant pursuant to this Agreement: 5.3.1 For any claims related to this Agreement, Consultant's coverage shall be primary insurance as respects City and its officers, council members, officials, employees, agents, and volunteers. Any insurance or self-insurance maintained by the City and its officers, council members, officials, employees, agents, and volunteers shall be in excess of Consultant's insurance and shall not contribute with it- 5.3.2 Any failure to comply with reporting or other provisions of the policies, including breaches of warranties, shall not affect coverage provided to City and its officers, council members, officials, employees, agents, and volunteers. 5.3.3 All insurance coverage and limits provided by Consultant and available or applicable to this Agreement are intended to apply to each insured, including additional insureds, against whom a claim is made or suit is brought to the full extent of the policies. Nod-ring contained in this Agreement or any other agreement relating to the City or its operations shall limit the application of such insurance coverage. 5.3.4 None of the insurance coverages required herein will be in compliance with these requirements if they include any limiting endorsement which substantially impairs the coverages set forth herein (e.g., elimination of contractual liability or reduction of discovery period), rniless the endorsement has first been submitted to the City Manager and approved in writing. 5.3.5 Consultant agrees to require its insurer to modify insurance endorsements to delete any exculpatory wording stating that failure of the insurer to mail written notice of cancellation imposes no obligation, or that any party will "endeavor" (as opposed to being required) to comply with the requirements of the endorsements. Certificates of insurance will not be accepted in lieu of required endorsements, and submittal of certificates without required endorsements may delay conunencement of the Project- it is Consultant's obligation to ensure timely compliance with all insurance submittal requirements as provided herein. 5.3.6 Consultant agrees to ensure that subcontractors, and any other parties involved with the Project who are brought onto or involved in the Project by Consultant, provide the same minimum insurance coverage required of Consultant. Consultant agrees to monitor and review all such coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. Consultant agrees that upon request, all agreements with subcontractors and others engaged in the Project will be submitted to the City for review- 5.3.7 Consultant acknowledges and agrees that any actual or alleged failure on the part of the City to inform Consultant of non-compliance with any insurance requirement in no way imposes any additional obligations on the City nor does it 11 WSGRSMPPUBLICl07RFPS�RFP n8-0TMGRGLANDAGMT 9 f 6-I`- :.I z�l waive any rights hereunder in this or any other regard. 5.3.8 Consultant shall provide proof that policies of insurance required herein expiring during the term of this Agreement have been renewed or replaced with other policies providing at least the same coverage. Proof that such coverage has been ordered shall be submitted prior to expiration. Endorsements as required in this Agreement applicable to the renewing or new coverage shall be provided to City no later than ten (10) days prior to expiration of the lapsing coverage. 5.3.9 Requirements of specific insurance coverage features or limits contained in this section are not intended as limitations on coverage, limits, or other requirements nor as a waiver of any coverage normally provided by any given policy. Specific reference to a given coverage feature is for purposes of clarification only as it pertains to a given issue, and is not intended by any party or insured to be limiting or all-inclusive. 5.3.10 The requirements in this section supersede all other sections and provisions of this Agreement to the extent that any other section or provision conflicts with or impairs the provisions of this section. 5.3.11 Consultant agrees to provide immediate notice to City of any claim or loss against Consultant arising out of the Work perforned under this Agreement and for any other claim or loss which may reduce the insurance available to pay claims arising out of this Agreement. City assumes no obligation or liability by such notice, but has the right (but not the duty) to monitor the handling of any such claim or claims if they are likely to involve City, or to reduce or dilute insurance available for payment of potential claims_ 5.3.12 Consultant agrees that the provisions of this section shall not be construed as limiting in any way the extent to which the Consultant may be held responsible for the payment of damages resulting from the Consultant's activities or the activities of any person or person for which the Consultant is otherwise responsible. 5.4 Sufficiency of insurers. Insurance required herein shall be provided by authorized insurers in good standing with the State of California. Coverage shall be provided by insurers admitted in the State of California with an A.M. Best's Key Rating of B-i+, Class VII, or better, unless such requirements are waived in writing by the City Manager or his designee due to unique circumstances. 5.5 Verification of Coverage. Consultant shall famish City with both certificates of insurance and endorsements, including additional insured endorsements, affecting all of the coverages required by this Agreement. The certificates and endorsements are to be signed by a person authorized by that insurer to bind coverage on its behalf. All proof of insurance is to be received and approved by the City before work commences. City reserves the right to require Consultant's insurers to provide complete, certilied copies of all required insurance policies at 11'N5G2S\WPPD6LIC\07RFMRFP 08-OTMG2GLAND AGMT 10 �� any time. Additional insured endorsements are not required for Errors and Omissions and Workers' Compensation policies. Verification of Insurance coverage may be provided by: (1) an approved General and/or Auto Liability Endorsement Form for the City of Palm Springs or (2) an acceptable Certificate of Liability Insurance Coverage with an approved Additional Insured Endorsement with the following endorsements stated on the certificate: 1. "The City of Palm Springs, its officials, employees, and agents are named as an additional insured--- " ("as respects City of Palm Springs Contract No. __" or 'for may and all work performed with the City"may be included in this statement). 2- "This insurance is primary and non-contributory over any insurance or self- insurance the City may have---" ("as respects City of Palm Springs Contract No._" or 'for any and all work performed with the City" may be included in this statement). i. "Should any of the above described policies be canceled before the expiration date thereof, the issuing company will mail 30 days written notice to the Certificate Holder named." Language such as, "endeavor to" mail and "but failure to mail such notice shall impose no obligation or liability of any kind upon the company, its agents or representative" is not acceptable and must be crossed out. 4. Both the Workers' Compensation and Employers' Liability policies shall contain the insurer's waiver of subrogation in favor of City, its elected officials, officers, employees, agents, and volunteers. In addition to the endorsements listed above, the City of Palm Springs shall be named the certificate holder on the policies. All certificates of insurance and endorsements are to be received and approved by the City before work commences. All certificates of insurance must be authorized by a person with authority to bind coverage, whether that is the authorized agent/broker or insurance underwriter. Failure to obtain the required documents prior to the corutnencement of work shall not waive the Consultant's obligation to provide them. 6. INDEMNIFICATION To the fullest extent permitted by law, Consultant shall indemnify, defend (at Consultant's sole cost and expense), protect and hold harmless City and its officers, council members, officials, employees, agents and volunteers and all other public agencies whose approval of the Project is required, (individually "Indemnified Party'; collectively "Indemnified Parties") against any and all liabilities, claims,judgments, arbitration awards, settlements, costs, demands, orders, and penalties (collectively "Claims"), including but not limited to Claims arising from injuries or death of persons (Consultant's employees included) and damage to property, which Claims arise out of, pertain to, or are related to the negligence, recklessness, or willful misconduct of Consultant, its agents, employees, or subcontractors, or arise froth Consultant"s negligent, reckless, or willful performance of or failure to perform any term, provision, covenant, or condition of this Agreement ("Indemnified Claims"), but Consultant's 14 USERSBVPPUBLIC,07RPPS\RrP08-07,MORELANDAOM I liability for Indemnified Claims shall be reduced to the extent such Claims arise from the negligence, recklessness, or willful misconduct of the City, its officers, council members, officials, employees, or agents. Consultant shall reimburse the Indemnified Parties for any reasonable expenditures, including reasonable attorneys' fees, expert fees, litigation costs, and expenses that each Indemnified Party may incur by reason of Indemnified Claims. Upon request by an indemnified Party, Consultant shall defend with legal counsel reasonably acceptable to the Indemnified Party all Claims against the Indemnified Party that may arise out of, pertain to, or relate to Indemnified Claims, whether or not Consultant is named as a party to the Claim proceeding. The determination whether a Claim "may arise out of, pertain to, or relate to Indemnified Claims" shall be based on the allegations made in the Claim and the facts known or subsequently discovered by the Parties. In the event a final judgment, arbitration award, order, settlement, or other final resolution expressly determines that Claims did not arise out of, pertain to, nor relate to the negligence, recklessness, or willful misconduct of Consultant to any extent, then City shall reimburse Consultant for the reasonable costs of defending the indemnified Parties against such Claims, except City shall not reimburse Consultant for attorneys' fees, expert fees, litigation costs, and expenses that were incurred defending Consultant or any parties other than Indemnified Parties against such Claims. Consultant's indemnification obligation hereunder shall survive the expiration or earlier termination of this Agreement until all actions against the Indemnified Parties for such matters indemnified hereunder are fully and finally barred by the applicable statute of limitations or, if an action is timely filed, until such action is final. This provision is intended for the benefit of third party Indemnified Parties not otherwise a party to this Agreement. 7. REPORT'S AND RECORDS 7.1 Accountiniz Records. Consultant shall keep complete, accurate, and detailed accounts of all time, costs, expenses, and expenditures pertaining in any way to this Agreement. Consultant shall keep such books and records as shall be necessary to properly perform the Services required by this Agreement and to enable the Contract Officer to evaluate the perfonnance of such Services. The Contract Officer shall have full and free access to such books and records at all reasonable times, including the right to inspect, copy, audit, and make records and transcripts from such records. 7.2 Reports. Consultant shall periodically prepare and submit to the Contract Officer such reports concerning the performance of the Services required by this Agreement as the Contract Officer shall require. Consultant hereby acknowledges that the City is greatly concerned about the cost of the Work and Services to be performed pursuant to this Agreement. For this reason, Consultant agrees that if Consultant becomes aware of any facts, circumstances, techniques, or events that may or will materially increase or decrease the cost of the Work or Services contemplated herein or, if Consultant is providing design services, the cost of the project being designed, Consultant shall promptly notify the Contract Officer of such .fact, circumstance, technique, or event and the estimated increased or decreased cost related thereto and, if Consultant is providing design services, the estimated increased or decreased cost H'U%F1ZSVJTU5LIC�07RFPS RFP 08.07\MORCLANDAGMT. 12 ��� estimate for the project being designed. 7.3 Ownership of Documents. All drawings, specifications, reports, records, documents, memoranda, correspondence, computations, and other materials prepared by Consultant, its employees, subcontractors, and agents in the performance of this Agreement shall be the property of City and shall be promptly delivered to City upon request of the Contract Officer or upon the termination of this Agreement, and Consultant shall have no claim for farther employment or additional compensation as a result of the exercise by City of its full tights of ownership of the documents and materials hereunder. Any use of such completed documents for other projects and/or use of incomplete documents without specific written authorization by the Consultant will be at the City's sole risk and without liability to Consultant, and the City shall indemnify the Consultant for all damages resulting therefrom. Consultant may retain copies of such documents for its own use. Consultant shall have an unrestricted right to use the concepts embodied therein. Consultant shall ensure that all its subcontractors shall provide for assignment to City of any documents or materials prepared by them, and in the event Consultant fails to secure such assignment, Consultant shall indemnify City for all damages resulting therefrom. 7.4 Release of Documents. All drawings, specifications, reports, records, documents, and other materials prepared by Consultant in the performance of services under this Agreement shall not be released publicly without the prior written approval of the Contract Officer. All infonnation gained by Consultant in the perl'onnance of this Agreement shall be considered confidential and shall not be released by Consultant without City's prior written authorization. 7.5 Audit and Inspection of Records. After-receipt of reasonable notice and during the regular business hours of City, Consultant shall provide City, or other agents of City, such access to Consultant's books, records, payroll documents, and facilities as City deems necessary to examine, copy, audit, and inspect all accounting books, records, work data, documents, and activities directly related to Consultant's performance under this Agreement. Consultant shall maintain such books, records, data, and documents in accordance with generally accepted accounting principles and shall clearly identify and make such items readily accessible to such parties during the term of this Agreement and for a period of three (3) years from the date of final payment by City hereunder. 8. ENFORCEMENT OF AGRE) MENT 8.1 California Law and 'Venue. This Agreement shall be construed and interpreted both as to validity and as to performance of the Parties in accordance with the laws of the State of California. Legal actions concerning any dispute, claim, or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Riverside, State of California, or any other appropriate court in such County, and Consultant covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. 8.2 Interpretation. This Agreement shall be construed as a whole according to its I I I ISHIZS\WPPUBLIC`07RFPq,RPP 08-07 MORELAND AGMT. 13 JDQ fair language and common meaning to achieve the objectives and purposes of the Parties. The terms of this Agreement are contractual and the result of negotiation between the Parties. Accordingly, any rule of construction of contracts (including, without limitation, California Civil Code Section 1654) that ambiguities are to be construed against the drafting party, shall not be employed in the interpretation of this Agreement. The caption headings of the various sections and paragraphs of this Agreement are for convenience and identification purposes only and shall not be deemed to limit, expand, or define the contents of the respective sections or paragraphs. 8.3 Termination. City may terminate this Agreement for its convenience at any time, without cause, in whole or in part, upon giving Consultant thirty (30) days written notice. Upon such notice, City shall pay Consultant for Services performed through the date of tennination. Upon receipt of such notice, Consultant shall immediately cease all work under this Agreement, unless the notice provides otherwise. Thereafter, Consultant shall have no further claims against the City under this Agreement. Upon termination of the Agreement pursuant to this section, Consultant shall submit to the City an invoice for work and services performed prior to the date of termination. In addition, the Consultant reserves the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to the City, except that where termination is due to material default by the City, the period of notice may be such shorter time as the Consultant may detennine. 8.4 Default of Consultant. A. Consultant's .failure to comply with any provision of this Agreement shall constitute a default. B- If the City Manager, or his designee, determines that Consultant is in default in the performance of any of the tenns or conditions of this Agreement, he/she shall notify Consultant in writing of such default. Consultant shall have ten (10) days, or such longer period as City may designate, to cure the default by rendering satisfactory performance. In the event Consultant fails to cure its default within such period of time, City shall have the right, notwithstanding any other provision of this Agreement, to terminate this Agreement without further notice and without prejudice of any remedy to which City may be entitled at law, in equity, or under this Agreement- Consultant shall be liable for any and all reasonable costs incurred by City as a result of such default. Compliance with the provisions of this section shall not constitute a waiver of any City right to take legal action in the event that the dispute is not cured, provided that nothing herein shall limit City's right to terminate this Agreement without cause pursuant to Section 8.3. C. If tennination is due to the failure of the Consultant to fulfill its obligations under this Agreement, City may, after compliance with the provisions of Section 8.43, take over the work and prosecute the sarne to completion by contract or otherwise, and the Consultant shall be liable to the extent that the total cost for completion of the Services required hereunder exceeds the Maximum Contract Amount (provided that the City shall use reasonable efforts to mitigate such damages), and City may withhold any payments to the Consultant for the purpose of set-off or partial payment of the amounts owed the City as previously stated. The withholding or failure to withhold payments to Consultant shall not lirnit Consultant's liability 11 OSERSMPP0111.1007RUS�RPP 08-07,MOREL6,ND ACMT 14 y y for completion of the Services as provided herein. 8.5 Waiver. No waiver of any provision of this Agreement shall be effective unless in writing and signed by a duly authorized representative of the Party against whorn enforcement of a waiver is sought. Any waiver by the Parties of any default or breach of any covenant, condition, or term contained in this Agreement, shall not be construed to be a waiver of any subsequent or other default or breach, nor shall failure by the Parties to require exact, full, and complete compliance with any of the covenants, conditions, or terms contained in this Agreement be construed as changing the terms of this Agreement in any manner or preventing the Parties from enforcing the full provisions hereof. 8.6 Ri hts and Remedies Cumulative. Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the Parties are cumulative and the exercise by either Party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other Party. 8.7 Legal Action. In addition to any other rights or remedies, either Party may take legal action, in law or in equity, to cure, correct or remedy any default, to recover damages for any default, to compel specific performance of this Agreement, to obtain declaratory or injunctive relief, or to obtain any other remedy consistent with the purposes of this Agreement. 8.8 Attorney Fees. In the event any dispute between the Parties with respect to this Agreement results in litigation or any non-judicial proceeding, the prevailing Party shall be entitled, in addition to such other relief as may be granted, to recover from the non-prevailing Party all reasonable costs and expenses, including but not limited to reasonable attorney fees, expert consultant fees, court costs and all fees, costs, and expenses incurred in any appeal or in collection of any judgment entered in such proceeding. To the extent authorized by law, in the event of a dismissal by the plabrti££ or petitioner of the litigation or non judicial proceeding within thirty (30) days of the date set for trial or hearing, the other Party shall be deemed to be the prevailing Party in such litigation or proceeding. 9. CITY OFFICERS AND EMPLOYEES: NON-DISCRIMINATION 9.1 Non-liability of City Officers and Employees. No officer or employee of the City shall be personally liable to the Consultant, or any successor-iu-interest, in the event of any default or breach by the City or for any amount which may become due to the Consultant or to its successor, or for breach of airy obligation of the terms of this Agreement. 9.2 Conflict of Interest. No officer or employee of the City shall have any financial interest, direct or indirect, in this Agreement nor shall any such officer or employee participate in any decision relating to the Agreement which effects his financial interest or the financial interest of any corporation, partnership, or association in which lie/she is, directly or indirectly, interested in violation of any state statute or regulation. Consultant warrants that is has not paid or given and will not pay or give any third party any money or other consideration in exchange for obtaining this Agreement. 11.USERSV1111UULIC,U71U PS,RrP OB-OTMORELANU AGNI 1 15 9.3 Covenant Against Discrimination. In connection with its performance under this Agreement, Consultant shall not discriminate against any employee or applicant for employment because of race, religion, color, sex, age, marital status, ancestry, or national origin. Consultant shall ensure that applicants are employed, and that employees are treated during their employment, without regard to their race, religion, color, sex, age, marital status, ancestry, or national origin. Such actions shall include, but not be limited to, the following: employment, upgrading, demotion or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. 10. MISCELLANEOUS PROVISIONS 10.1 Patent and Copyright Infringement. A. To the fullest extent permissible under law, and in lieu of any other warranty by City or Consultant against patent or copyright infringement, statutory or otherwise, it is agreed that Consultant shall defend at its expense any claim or suit against City on account of any allegation that any item furnished under this Agreement, or the normal use or sale thereof arising out of the performance of this Agreement, infringes upon any presently existing U.S. letters patent or copyright and Consultant shall pay all costs and damages finally awarded in any such suit or claim, provided that Consultant is promptly notified in writing of the suit or claim and given authority, information and assistance at Consultant's expense for the defense of same, and provided such suit or claim arises out of, pertains to, or is related to the negligence, recklessness or willful misconduct of Consultant. However, Consultant will not indemnify City if the suit or claim results from: (1) City's alteration of a deliverable, such that City's alteration of such deliverable created the infringement upon any presently existing U.S. letters patent or copyright; or (2) the use of a deliverable in combination with other material not provided by Consultant when it is such use in combination which infringes upon an existing U.S. letters patent or copyright. B. Consultant shall have sole control of the defense of any such claim or suit and all negotiations for settlement thereof, Consultant shall not be obligated to indemnify City under any settlement made without Consultant's consent or in the event City fails to cooperate in the defense of any suit or claim, provided, however, that such defense shall be at Consultant's expense. If the use or sale of such item is enjoined as a result of the suit or claim, Consultant, at no expense to City, shall obtain for City the right to use and sell the item, or shall substitute an equivalent item acceptable to City and extend this patent and copyright indemnity thereto. 10.2 Notices. All notices or other communications required or pennitted hereunder shall be in writing, and shall be personally delivered, sent by pre-paid First Class U.S. Mail, registered or certified mail, postage prepaid, return receipt requested, or delivered or sent by facsimile with attached evidence of completed transmission, and shall be deemed received upon the earlier of (i) the date of delivery to the address of the person to receive such notice if delivered personally or by messenger or overnight courier; (ii) five (5) business days after the date of posting by the United States Post Office if by mail; or (iii) when sent if given by facsimile. Any notice, request, demand, direction, or other communication sent by facsimile r�rl n�Uscas,wrruarIc,oar-rsarrns.nrmoitL,;i.nNnncMr 16 - must be confirmed within forty-eight (48) hours by letter mailed or delivered. Other forms of electronic transmission such as e-mails, text messages, instant messages are not acceptable manners of notice required hereunder. Notices or other communications shall be addressed as follows: To Citv: City of Palrn Springs Attention: City Manager& City Clerk 3200 E. Tahquitz Canyon Way Palm springs, California 92262 Telephone: (760) 323-8204 Facsimile: (760) 323-8332 To Consultant: Moreland & Associates, Inc. Attention: Michael C. Moreland, Partner 1201 Dove Street, Suite 680 Newport Beach, CA 92660 Telephone (949) 221-0025 Facsimile: (949) 221-0035 10.3 Entire Agreement. This Agreement constitutes the entire agreement between the Parties and supersedes all prior negotiations, arrangements, agreements, representations, and understandings, if any, made by or among the Parties with respect to the subject matter hereof No amendments or other modifications of this Agreement shall be binding unless executed in writing by both Parties hereto, or their respective successors, assigns, or grantees. 10.4 Severability. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be determined to be invalid by a final judgment or decree of a court of competent jurisdiction, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the reminder of that provision, or the remaining provisions of this Agreement unless the invalid provision is so material that its invalidity deprives either Party of the basic benefit of their bargain or renders this Agreement meaningless. 10.5 Successors in interest. This Agreement shall be binding upon and inure to the benefit of the Parties' successors and assignees. 10.6 Third Party Beneficiary. Except as may be expressly provided for herein, nothing contained in this Agreement is intended to confer, nor shall this Agreement be construed as conferring, any rights, including, without limitation, any rights as a third-party beneficiary or otherwise, upon any entity or person not a party hereto. 10.7 Recitals. The above-referenced Recitals are hereby incorporated into the Agreement as though fully set forth herein and each Party acknowledges and agrees that such Party is bound, for purposes of this Agreement, by the same. 11 TSERYWPcaLIC'07U-rs arr ov-onMoacLAND acMT. 17 nr�'% 10.8. Corporate Authority. Each of the undersigned represents and warrants that (i) the Party for which he or she is executing this Agreement is duly authorized and existing, (ii) he or she is duly authorized to execute and deliver this Agreement on behalf of the Party For which he or she is signing, (iii) by so executing this Agreement, the Party :For which he or she is signing is formally bound to the provisions of this Agreement, and (iv) the entering into this Agreement does not violate any provision of any other Agreement to which the Party for which he or she is signing is bound. IN WITNESS WHEREOF, the Parties have executed and entered into this Agreement as of the date first written above. "CITY" CITY OF PALM SPRINGS, a California charter law city and municipal corporation David 11. Ready City Manager ATTEST: (SEAL) JAMES THOMPSON, City Clerk APPROVED AS TO FORM: DOUGLAS C. HOLLAND, City Attorney "CONSULTANT" Moreland &Associates, Inc- Michael C. Moreland, President By: Kathryn Beseau, Vice President 14 ❑SERS\WPpUl3LIC\07RFPS,RFP09-07\NIORCLANDAGMT 18 �,��J1 EXHIBIT "A" PROPOSAL FOR AUDIT SERVICES FOR THE CITY OF PALM SPRINGS PREPARED AND SUBMITTED BY MORE LAND & ASSOCIATES, INC. DATED MAY 11, 2007 524762.1 `'� ro I, PROPOSAL FOR AUDIT S40 �vk` S CITY OF PALM SPRINGI MAY 11, 2007 'k (COPY) F4 4 oll�,rjl SAXWMI -G A ,7 4- ,- i 11 , 1`fl 4 .K'iJ, ,of ,s r 66 r TITLE PAGE RFP SUBJECT: AUDIT PROPOSAL CITY OF PALM SPRINGS RFP No. 08-07 NAME OF PROPOSING FIRM: MORELAND &ASSOCIATES, INC. LOCAL ADDRESS: 1201 DOVE STREET, SUITE 680 NEWPORT BEACH, CA 92660 i TELEPHONE NUMBER: (949) 221-0025 NAME OF CONTACT PERSON: MICHAEL C. MORELAND EMAIL OF CONTACT PERSON: mmoreland@moreland-assoc.com DATE: MAY 11, 2007 i I i I WTI Ii 1 N 1 HTABLE OF • 1 H 1 H 1 H H H H H SECTION PAGE H N N 11 Letter H H Independence 4N H N H LiGense to Practice in California 411 11Firm Qualifications . Experience 4H HI H HPartner, Qualifications and ExperienceSimilar Engagements with Other Government Entities 16 H 11 HSpecific Audit Approach 17 H H H H Identification of Potential Audit Problems 23 H N Response - H H H 11 Appendix - - Quality Control - •• 11 H H Appendix Certificate of - N H H H H H H H Cr H H N H H N j 1201 DOVE STREEC SURE 680 oreland & g&oa4&j J11m. NEWPORT BEACH,CALIFORNIA 92660 M CERTIFIED PUBLIC ACCOUNTANTS 576 RANCHEROS DRIVE.SUITE 260 SAN MAROOS,CA 92069 TELEPHONE(949)221-0025 May l l, 2007 Mr- Craig A. Graves Director of Finance/Treasurer City of Palm Springs 3200 East Tahquitz Canyon Way Palm Springs, CA 92262 Dear Mr. Graves: We are pleased to present this proposal of audit services to the City of Palm Springs. We have addressed each of the specifications included in your Request for Proposal. We have also provided significant information about our service approach to auditing. For the year ended June 30, 2006, we audited the financial statements of twenty-eight California cities, twenty-five redevelopment agencies, and many other governmental entities. Our success in providing professional services to your specialized industry is in part due to our dedication to the development and implementation of the accounting and auditing issues relating to governmental accounting. Our knowledge of your industry is best demonstrated by the fact that for the past fifteen years, over ten percent of the "outstanding" awards in financial reporting issued by the California Society of Municipal Finance Officers (CSMFO) were issued to our clients, Additionally, approximately ten percent of the Certificates of Achievement for Excellence in Financial Reporting issued by the Government Finance Officers Association (GFOA) to California cities during the past fifteen years were issued to our clients. We are very proud of our part in these achievements. We are the best qualified firm to perform this engagement because we understand that we provide a service to our clients. We provide an audit approach that satisfies all of the technical requirements without forgetting that we provide a service. You will have easy access to each of the audit team members. I will personally supervise all phases of audit planning, detailed audit testing and report preparation. We encourage you to verity our level of service as well as the availability of Ms. Nipa Shah, the engagement manager, and myself with the references provided in our proposal. We think you will be pleased at how highly our clients praise the quality of service we provide. Throughout the year you should feel comfortable in calling us for advice, as we are never too busy to meet the needs of our clients. Our clients rely on us to help keep them up-to-date on new developments affecting their industry, because they recognize our commitment to serving the needs of local government. Briefly stated, the scope of services includes the following for each of the three years ending June 30, 2009 with an option to extend for two additional one year periods: - A financial audit of the basic financial statements in the City's Comprehensive Annual Financial Report including the typing of the CAFR and providing one photo-ready original to the City. - A financial and compliance audit of the Community Redevelopment Agency of the City of Palm Springs. �-�n-nsrn�n Mr. Craig A. Graves Director of Finance/Treasurer City of Palm Springs May 11, 2007 Page 2 - An expansion of the City's financial audit to meet the requirements of the Single Audit Act, including the requirements of Circular OMB Circular A-133, Audits of State and local Governments, and Non-Profit Organizations and preparation of the Data Collection Form. - A Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards. This letter will include significant deficiencies and material weaknesses, if any, and is either included in the Single Audit Report or issued separately. - The application of agreed-upon procedures in connection with the annual calculation of the appropriations limit as required by Section 1.5 of Article XII IS of the California Constitution. - On an as-needed basis, perform a compliance review of the agreement between the City and the management company operating the City's municipal golf course. - Review and summarize the Community Redevelopment Agency's Disposition and Development Agreements to ensure transactions are properly recorded. A management letter addressed to the City Manager containing our comments and recommendations for improving the accounting procedures and the systems of internal control (control deficiencies not considered significant/material weaknesses). A letter to the City Council containing required communications about the audit process. Provide if necessary, a written report of all irregularities and illegal acts or indications of illegal acts during the audit process to the City Manager, City Attorney and the Director of Finance. Keep the City informed of state and national developments affecting accounting, auditing and financial reporting including providing guidance on implementation of GASB requirements. Optional services which will be provided as requested to the City and its component units are as follows: - Prepare the City's Annual State Controller's Report. - Prepare the Annual State Controllers Report for the Redevelopment Agency, - Prepare the Annual Street Report. - Prepare the financial statements for the Financing Authority of the City of Palm Springs. It is noted that the firm will be responsible for preparing and word processing all financial and compliance reports. We have the experience and the resources to complete the above scope of services within your timing requirements. In addition, it is our practice to provide continuity of staff during the entire term of the agreement, at the partner, manager, and senior accountant level. As you read through our proposal, we hope you will recognize the philosophy we follow regarding our relationship with clients. We believe this is what sets us apart from our competition. Our philosophy can be summarized in the following concepts: We recognize that our product is a service. We are careful to consider the comfort level of our client's staff while maintaining professional skepticism. We recognize that our work is accomplished by working with City staff, yet our client is the City Council. 2 Mr. Craig A. Graves Director of Finance/Treasurer City of Palm Springs May 11, 2007 Page 3 Thank you for providing us the opportunity to present this proposal, as we would very much like to become the auditors for the City of Palm Springs. We are committed to performing the work within the given time period. This is a firm and irrevocable offer for the fiscal years 2006-07, 2007-08 and 2008-09. 1 am entitled to represent Moreland & Associates, Inc., empowered to submit this proposal, and authorized to sign a contract with the City of Palm Springs. We sincerely look forward to working with you and other City staff and the City Council. We would be pleased to provide any additional information or answer any questions you may have regarding our proposal. Very truly yours, MORELAND &ASSOCIATES, INC. Michael C. Moreland, Partner MCM:sr i i wr INDEPENDENCE i Our firm and each staff member are independent of the City of Palm Springs and each of its component units and thus meet the independence requirement as defined by generally j accepted auditing standards and the U.S. Government Accountability Office's Government Auditing Standards. i We have not provided any services to the City of Palm Springs or its component units which would impair our independence in the past five years. However, the firm shall provide written notice of any professional relationships entered into during the period of this agreement. LICENSE TO PRACTICE IN CALIFORNIA i The firm and all assigned key professional staff are properly licensed to practice in California and have complied with the continuing education requirements concerning auditing of governmental entities. FIRM QUALIFICATIONS AND EXPERIENCE ABOUT OUR FIRM Moreland & Associates, Inc. is a large regional firm of certified public accountants providing auditing, accounting, consulting, and temporary personnel services to numerous governmental clients. Our services are provided from offices in Newport Beach and San Marcos by sixty-five professionals and six support staff. Services to the City of Palm Springs will be provided by our Newport Beach office. Our firm and all of our employees are strongly committed to governmental accounting. All of our professional audit staff have municipal government auditing experience. All are employed on a full-time basis. Over ninety-five percent of our work involves services to local government clients. The engagement partner, Mr. Moreland, is very active In all professional organizations in California which deal with municipal finance. Much of his involvement is detailed in his resume, which is included in the next section of our proposal. All of the staff identified in this proposal are quite active in their commitment to governmental accounting, as indicated in their resumes. QUALITY CONTROL REVIEW Our firm has enrolled in the Quality Control Review Program offered by the American Institute of Certified Public Accountants. Our most recent quality review was completed in June 2006 and included specific government engagements. We received an unqualified opinion. A copy of the report is included in Appendix A. Moreland & Associates, Inc. has not had any federal or state desk reviews or field reviews of its audits during the past five years. There is not now nor has there ever been any regulatory action or disciplinary action taken against Moreland & Associates, Inc. Moreland & facia&, Aw. CERTIFIED PUBLIC ACCOUNTANTS 4 CURRENT GOVERNMENTAL CLIENTS AND DIRECTLYRELATED EXPERIENCE The following is a list of the financial audits of governmental entities that we performed for the year ended June 30, 2006_ Nearly all of the audits were performed in accordance j with the standards applicable to financial audits contained in Government Auditing Standards. Approximately thirty-five of the audits were expanded to include the requirements of the Single Audit Act, including the requirements of OMB Circular A-133 and the preparation of the Data Collection Form. All of the redevelopment agency audits also included a compliance audit in accordance with the requirements of the "Guidelines for Compliance Audits of California Redevelopment Agencies", issued by the State Controller's Office. Approximately twenty-five of the clients will receive awards in financial reporting from the GFOA and/or the CSMFO. l CITIES - Cities of Agoura Hills, Cathedral City, Compton, Covina, Chula Vista, Del Mar, East Palo Alto, Fountain Valley, Garden Grove, Half Moon Bay, Hughson, La Canada Flintridge, La Habra, Lawndale, Monterey, Monterey Park, Rolling Hills Estates, San Buenaventura, San Clemente, San Ramon, Santa Ana, Santa Fe Springs, Seal Beach, Seaside, Simi Valley, Stanton, Tustin, and Westlake Village. Eleven of these cities have been clients for over five years and the remaining seventeen cities have selected us as their auditors for a three or more year period. - Community Redevelopment Agencies of the Cities of Agoura Hills, Cathedral City, Compton, Covina, Chula Vista, East Palo Alto, Fountain Valley, Garden Grove, Half Moon Bay, Hughson, La Canada Flintridge, La Habra, Lawndale, Monterey, Monterey Park, San Buenaventura, San Clemente, San Ramon, Santa Ana, Santa Fe Springs, Seal Beach, Seaside, Simi Valley, Stanton, and Tustin. SPECIAL DISTRICTS r j - Imperial Irrigation District. Altadena Library District. - Mesa Consolidated Water District. - Municipal Water District of Orange County (MWDOC). Western Riverside County Regional Wastewater Authority. - Midway City Sanitary District. Sewer Authority Mid-Coastside. Palos Verdes Peninsula Transit Authority. - Palos Verdes Library District. Placentia Library District, Orange County Local Agency Formation Commission (LAFCO). - Agoura Hills and Calabasas Community Center Authority. Metro Cities Fire Authority. - Orange County-City Hazardous Materials Emergency Response Authority, - Emerald Bay Service District. Moreland & cc?� Joe. ; • ��?, 1�1 CERTIFIEDPU3LXACC0UNTANr8 5 { I I - Orange County Cemetery District. - Riverside County Local Agency Formation Commission (LAFCO). - San Bernardino County Local Agency Formation Commission (LAFCO). - Three Arch Bay Community Services District_ I OTHER GOVERNMENT AGENCIES - California Avocado Commission. - West San Gabriel Valley Consortium. - Southeast Area Social Services Funding Authority. - Santa Barbara County Association of Governments. - L.A. IMPACT. OTHER SERVICES I Our ability to provide consulting services is best demonstrated by our many years of successfully serving the governmental industry as described in our resumes. We provide a wide variety of consulting services to our government clients. The following is a partial list of previously provided services, which demonstrate the range of services we provide. City of West Covina - We performed a management audit of all activities within the Finance Department. - City of El Segundo - Reviewed records supporting business licenses at selected businesses within the City. - City of Fullerton - Reviewed golf course revenues in order to determine compliance with the City's golf course management agreement. - City of Oceanside - The annual review of card room revenues. The periodic application of agreed-upon procedures relating to the outside management of a mobile home park. - City of Santa Fe Springs - Reviewed tax increments allocated by the County of Los Angeles to each Redevelopment Agency Project Area since inception of the project areas. - County of Orange Treasurer — We perform certain agreed-upon procedures quarterly and annually to determine compliance with the County's investment policy and other matters- - California Avocado Commission - Assisted staff in the documentation of accounting and budgeting policies and procedures. - City of Hawaiian Gardens — Monthly and quarterly monitoring of casino operations. City of Compton — Monthly and quarterly monitoring of casino operations - City of Oxnard - Annually we review documentation supporting billings to the City by an outside recycling and transfer station. We perform periodic audits of.the financial statements of the golf course management company. - West San Gabriel Valley Consortium - We performed a management and operations audit of all of the major operating functions of the Consortium. We also developed procurement policies and procedures, and a cost allocation plan. Moreland & acicr , CERTIFIED PUB410 ACCOUNTANTS 6 r I I We performed a study to determine if the internal control procedures were adequate i and functioning properly within the Parks and Recreation Department of a large city. The major systems reviewed were cash receipts/revenues, purchasing/accounts payable /contracting, and payroll for contract employees. j - We have reviewed franchise payments and/or contract compliance from various cable and disposal companies for the Cities of Encinitas; Escondido, Fountain Valley, Huntington Beach, Oceanside, Temecula, Yorba Linda and other cities. - We have reviewed Transient Occupancy Tax payments from some or all hotels/motels for the Cities of Bell Gardens, Encinitas, Escondido, Healdsburg, Laguna Beach, Monterey Park, Pomona, Santa Ana, Santa Fe Springs, Seal Beach, Solana Beach, Solvang, Tustin and many other cities. - We have provided internal auditing services to the Cities of Burbank and Manhattan Beach and the County of Orange. I Recently, the General Accounting Office provided detailed guidance regarding auditor independence when performing an audit in accordance with Government Auditing Standards. The standard for nonaudit services is based on two principles: I - Auditors should not perform management functions or make management decisions. - Auditors should not audit their own work or provide nonaudit services in situations where amounts or services involved are significant/material to the subject matter of the audit. While these two principles are not new, the application of these principles to specific nonaudit services has changed considerably as a result of the new guidance. Of course there are many nonaudit services such as the evaluation of internal controls or the application of agreed-upon procedures that we can continue to provide to audit clients. Should the need arise for nonaudit services during our tenure as auditors, we will discuss the scope of work with you and assist you in determining the most appropriate course of action for the City. ` THE ANNUAL CALCULATION OF THE APPROPRIATIONS LIMIT Michael Moreland was a member of the League of California Cities Gann Appropriation Limit Task Force. The Task Force developed new guidelines for the computation of the annual appropriations limit as a result of the passage of Proposition 111. Mr. Moreland, on behalf of the California Society of Certified Public Accountants, assisted the Task 1 Force by developing the appropriate procedures and reporting in connection with the f application of agreed-upon procedures relating to the annual calculation of the appropriations limit as part of the annual financial audit process. MANAGEMENT LETTERS 1 We issue management letters every year in connection with nearly all of our governmental clients. Unless there are unusual circumstances, the management letters are issued at the conclusion of the audit concurrent with the issuance of the audited I financial statements. Moreland & �briac a Inc. CERTIFIED PUBLIC ACCOUNTANTS I Our management letters contain observations and recommendations that are meaningful to our clients. They are intended to be constructive and are in fact viewed in a very positive manner by our clients. Management letters are always reviewed in draft form with appropriate client personnel before they are issued. FEDERAL AND STATE GRANTS AND THE SINGLE AUDIT Today, nearly all governmental entities are receiving significant revenues from Federal and State grants. We have audited countless federal and state grants in connection with the governmental clients we have served. We have also audited numerous federal and state grants in connection with not-for-profit entity audits. Our working papers will be retained for seven years. They will be available to the City, federal agencies, state agencies and other parties at the direction of the City. In addition, we will respond to the reasonable inquiries of successor auditors and allow them to review working papers relating to matters of continuing accounting significance. ASSISTANCE IN GOVERNMENTAL DEBT OFFERINGS Today, because of the changing debt market and the changes in financing vehicles available to local government, governmental entities almost always utilize debt consultants in developing a financing strategy and the appropriate debt documents. When requested, we assist our clients in the review of the official statement in connection with municipal debt issues. We also issue consent letters upon request. Many in the firm have assisted in local government debt issues. f FRANCHISE AUDITS As mentioned above, we have reviewed franchise fees based on gross receipts in connection with cable and refuse companies for many cities including Encinitas, Fountain Valley, Huntington Beach, Laguna Mills, Lake Forest, Mammoth Lakes, Mission Viejo, Newport Beach, Oceanside, Oxnard, Temecula, West Covina, and Yorba Linda. Additionally, we have performed tests of gross receipts on behalf of numerous cities in connection with various recreational activities or sporting events such as golf, ( tennis, horseback riding, swimming and auto racing. AVAILABILITY Throughout the year you and your staff should feel comfortable calling us for advice. We should be viewed as another resource available to you in carrying out your financial i and administrative duties. We will contact City staff throughout the year to discuss how current accounting pronouncements may affect your accounting or financial reporting. We believe our ability to quickly respond to your needs and to keep you informed should be a significant consideration in selecting us as your auditors. Please verify our level of service and the availability of Mr. Moreland with the references provided below. Our staff is, of course, available to provide accounting, auditing or consulting services throughout the year. oreland & djdoa,4 eti, Inc. l�� CERTIFICO PUBLIC ACCOUNTANTS 8 ASSISTANCE IN RECEIVING AWARDS Mr. Moreland and Ms. Beseau developed a class "Train the Reviewers" for the California Society of Municipal Finance Officers for the reviewers of GASB Statement No. 34 Comprehensive Annual Financial Reports; which they taught in both Northern and Southern California for two years. In 1990, Mr. Moreland developed a program entitled "How to Prepare an Award-Winning CAFR" for the California Society of Municipal Finance Officers. He participated in presenting the program on seven occasions to over two hundred attendees. Each year, four of our staff participate in the review of annual financial reports under the California Award Program. For over fifteen years, Mr. Moreland has been a member of the final committee reviewing reports under the California Award Program. During the past several years, we have assisted approximately fifty cities in receiving "outstanding" awards under the California Award Program. Most of these cities have also received Certificates of Achievement from the GFOA. For the year ended June 30, 2005, all of our clients that applied to the CSMFO received "outstanding" awards in financial reporting. All of the staff identified in our proposal have experience in preparing award- winning CAFR's. IMPLEMENTATION OF GASB PRONOUNCEMENTS Although you have already implemented GASB Statement No. 34, we would like to highlight our expertise in this area. Mr. Moreland was a member of the GASB Task Force on the New Reporting Model. He was the only CPA practitioner in California to be a member of the Task Force. The Task Force met one or two days each year in New York with the Governmental Accounting Standards Board and their staff to advise the Board on the project and to react to suggestions and positions taken by the Board. Throughout the project, the Task Force reviewed concept papers, drafts of documents prepared by the Board and their staff, and generally served as a sounding board for considered ideas. The project resulted in the issuance of GASB Statement No. 34. i Since the issuance of GASB Statement No. 34, Mr. Moreland has made presentations on the subject to the Alameda County City Managers Association, the Southern California Chapter of the American Public Works Association (three times), the Annual Conference of the California chapter of the American Public Works Association, and the Orange County Municipal Public Works Association. Additionally, he has made presentations on GASB Statement No. 34 to the San Diego Chapter, two Los Angeles Chapters and the Orange County Chapter of the California Society of Municipal Finance Officers. Mr. Moreland advised the American Institute of Certified Public Accountants i (AICPA) in revisions to their State and Local Government Industry Audit Guide to incorporate issues relating to GASB Statement No. 34. fAs new GASB statements are issued, the California Committee on Municipal Accounting (CCMA) develops white papers to assist finance directors and their auditors implement the new requirements in California. Mr. Moreland, as Co-Chairman of M oreland &CERTIFIED PUBLIC ACCOUNTANTS 9 i I II I CCMA, actively participates in the development of all white papers and other documents providing guidance in governmental accounting and auditing issued by CCMA. His expertise is available to you regarding the implementation of any new GASB Statements. ACCESS TO NATIONAL RESOURCES As a member of the GASB Task Force on the New Reporting Model, Mr. Moreland worked closely for over five years with all the members of the GASB Board and nearly all of the technical staff of the GASB. Another member of the Task Force was Stephen Gauthier, Director of GFOA's Technical Services Center. As Chairman of the California Committee on Municipal Accounting and Chairman of the California Society of Certified Public Accountants Governmental Accounting and Auditing Committee, Mr. Moreland has made several oral presentations to the GASB on the governmental accounting issues which are most important in California. Through these organizations, he has responded to all documents released by the GASB seeking public comment. Because of these close relationships, we were able recently to arrange three personal meetings between client personnel and a GASB Board member. On several occasions each year, our management group will discuss unusual accounting issues with technical staff at the GASB and/or the GFOA. They provide an additional resource that is available to you should the need arise. These resources are available to assist with the implementation of any future GASB Statements. PARTNER, SUPERVISORY AND STAFF QUALIFICATIONS AND EXPERIENCE Our audit team members have extensive, direct experience in auditing California cities. We believe our individual qualifications will assure you of receiving the type of service we describe in this proposal. We encourage you to contact the references provided below. We are confident that all of our clients are positively impressed with the level of service we provide. It is our practice to provide continuity of staff during the entire term of the agreement at the partner, manager, and senior accountant level. Except for unusual circumstances, all three of these positions will be filled by staff who served the City during the prior year. It is our understanding that the City retains the right to approve or reject any replacements. As shown in Figure 1, at the end of this section, our audit team will be organized under the direction of Mr. Michael Moreland_ He will assume overall responsibility for services provided to the City. He will be supported by Ms. Nipa Shah who will manage the staff working in the field. Mr. David Cotellesse will be the senior accountant in charge of the fieldwork, and Ms. Kathryn Beseau will be the quality control reviewer. Their resumes are presented below. Moreland & ;746, Jow. CERTIFIED PUBLIC ACCOUNTANTS 10 I RESUME OF MICHAEL MORELAND ENGAGEMENT PARTNER Mr. Michael Moreland will assume overall responsibility for services provided to the City. He has over twenty-five years of experience in providing auditing and consulting services to local government clients in California. He has audited approximately twenty percent of the cities of California. i Some of the clients he has served include: Cities of Bell Gardens, Burbank, Compton, East Palo Alto, Escondido, Encinitas, Fountain Valley, Fullerton, Garden Grove, Glendale, Half Moon Bay, Huntington Beach, Los Angeles, Monterey, Oceanside, Poway, San Marcos, Santa Ana, Santa Barbara, Santa Clarita, Seaside, Solana Beach, Stanton and Ventura Counties of Los Angeles, Orange, San Bernardino and San Diego I Irvine Ranch Water District I Orange County Sanitation District Santa Barbara County Association of Governments For the past fifteen years, Mr. Moreland has been either the Chairman of the California Society of Certified Public Accountants State Governmental Accounting and Auditing Committee, or Chairman of the California Committee on Municipal Accounting. These two organizations determine how new accounting principles are applied in California. Mr. Moreland was the only CPA practitioner in California to be a member of the GASB Task Force on the New Reporting Model. Throughout the project, the Task Force reviewed concept papers, and drafts of documents prepared by the Board and their f staff, and generally served as a sounding board for ideas considered by the Board. The project resulted in the issuance of GASB Statement No. 34, IMr. Moreland is very active in the CSMFO. He regularly attends and is a frequent speaker at monthly section meetings and the annual conference. He has been a regular instructor of five different programs in governmental accounting offered by the I Career Development Committee of the CSMFO. He is also a member of the Final Review Committee that insures consistency in the determination of awards under the f California Award program. Mr. Moreland received a Bachelor of Business Administration degree in Accounting from Loyola Marymount University and holds CPA certificates from the State of California and several other states. He receives far in excess of forty hours of continuing professional education each year. Moreland & 6¢cur�e2, CERTIFIED PUBLIC ACCOUNTANTS � 11 r RESUME OF NIPA SHAH ENGAGEMENT MANAGER Ms, Nipa Shah will manage the day-to-day services provided to the City. She has managed the financial audits of many of our government clients, including the Cities of Agoura Hills, Covina, La Mirada, Monterey Park, Palos Verdes Estates, Simi Valley, and Stanton as well as the Orange County Sanitation District, and the Mesa Consolidated Water District. As a result of these assignments, Ms. Shah is very familiar with the activities of a California City and redevelopment agency. Her duties as an audit manager include: - Establish priorities and time and performance standards and prepare budgets. - Monitor the overall progress of financial and compliance audits and the staff utilized on the audits. - Prepare or review written reports of findings and participate in the oral presentations to management of the audited entities. - Research and resolve technical problems and sensitive reporting issues. - Review completed audits for- ; - compliance with auditing standards, generally accepted in the United States of America, - compliance with accounting principles, generally accepted in the United States of America, - soundness of reasoning and judgment, - reasonableness of recommendations to client management. - Promote consistency in procedures and reporting. - Prepare or conduct in-house training programs in governmental accounting and auditing. - Actively participate in those professional organizations which have an impact on governmental accounting and auditing. I Ms. Shah received a Bachelor of Science degree in Accounting from the University of New Brunswick. She also has a graduate degree in Public Accountancy from McGill University, f Montreal, P.Q. Ms. Shah is a Certified Public Accountant in the State of California and has been with our firm over ten years. Each year Ms. Shah receives approximately forty hours of continuing education designed to meet the AICPA and GAO requirements for continuing education. f Moreland & okaociates �w. CERTIFIED PUEILIC ACCOUNTANTS 12 i RESUME OF DAVID COTELLESSE SENIOR ACCOUNTANT Mr. David Cotellesse will be the senior accountant in charge of the audit of the financial statements of the City- Mr. Cotellesse has been ( the Senior Accountant in charge of the audits of the financial statements of the Cities of Bell Gardens, Cathedral City, Half Moon Bay, Stanton and the Municipal Water District of Orange County. He i has also been in charge of many of the audits of the Orange County Health Care Agency Subrecipients. He has applied agreed-upon procedures at numerous hotels/motels relating to Transient Occupancy Taxes in connection with projects at the County of San Diego and the Cities of Escondido, Encinitas and Monterey Park- As a result of his experience, Mr. Cotellesse is very familiar with governmental accounting and the operations of a California city and 1 redevelopment agency. Mr. Cotellesse has strong oral and written communication skills. He works well with other staff members and clients at all levels of management. He has excellent analytical skills, initiates projects and acts as a team leader. Mr. Cotellesse also has strong computer skills. Mr. Cotellesse received a Bachelor of Science degree in Business Administration from Eastern Michigan University and is working towards completion of the requirements to become a Certified Public Accountant in the State of California. He receives about forty hours of continuing professional education each year, designed to meet the U.S. Government Accountability Office requirements for continuing education- RESUME OF KATHRYN BESEAU QUALITY CONTROL REVIEWER Ms. Kathryn Beseau will perform the quality control review of all reports issued to the City. She has over twenty years of governmental accounting experience. Ms- Beseau is currently the Chair of the Governmental Accounting and Auditing Committee of the Orange County Chapter of the California Society of Certified Public Accountants. Ms. Beseau developed and is teaching an Intermediate Governmental l Accounting course in cooperation with the CSMFO. Ms. Beseau has been a reviewer for the CSMFO award program and• developed and taught a "Train the Reviewer" course for reviewers of GASB Statement No. 34 compliant CAFR's. 1 Prior to joining the firm, Ms. Beseau was the Controller of the Irvine Ranch Water District for over ten years- Managing a staff of twenty-five, she was responsible for all accounting, rate setting and financial software of the District- Ms. Beseau received a Bachelor of Science degree in Accounting from California State University, Fullerton. She is a Certified Public Accountant in the State of California and receives over forty hours of continuing education each year designed to meet the U.S. 1 Government Accountability Office requirements for continuing education. Moreland & Inc. rn CERTIFIED PUBLIC ACCOUNTANTS 13 f OTHER ASSIGNED STAFF We will assign sufficient staff to the engagement to ensure the work is completed in a timely manner. Many of our professional staff have worked in government, so they have a good understanding of the level of service you expect from your auditors_ There will I be on-site supervision by Mr. Cotellesse of all staff assigned to the engagement. MAINTAINING A HIGH QUALITY STAFF I Our staff at all levels are continually expanding their knowledge of the governmental industry through formal in-house training programs, programs offered by the CSMFO, the California Society of Certified Public Accountants, and other professional organizations, and through on-the-job training. We believe this mixture of training ( techniques will provide you with a quality staff that is up-to-date on the issues affecting governmental accounting and auditing. Our firm has been providing classes in introductory governmental accounting, the preparation of award-winning CAFR's, and the implementation of GASB Statement 34 throughout California. We have a contract with CSMFO to present classes in ( Intermediate Governmental Accounting, and a training program for the reviewers of CAFR's prepared in accordance with GASB Statement No. 34. We have also provided group or individual training classes for our clients. I f� I I I I i f Moreland CERTIFIED PUBLIC ACCOUNTANTS 14 I ORGANIZATIONAL CHART I tralo,¢;r, LLLLLLLLL l rO'M TCi— � 1e�n.?��L•I.F„4ii�'�"�'4 ii'�;'i,:. � 'r'+'' °,li.,t,.e;4..;:i,. n.�n ^ai, ri1,\•.� �.F _ �m'it yp.i�::iiy^i�:,ai Figure 1 fi f Moreland & cam, Inc. ����"� CER7IFIE�PLIB4IC ACCOUNTANTS 15 i �.':.'F.. 9Wa =----�.;.mow- � '`"'.�.., Aunpl�Tw,,•,+a„ . I SIMILAR ENGAGEMENTS WITH OTHER GOVERNMENT ENTITIES As indicated above, we currently audit the financial statements of twenty-eight California cities and twenty-five redevelopment agencies- We selected the following five clients for j you to contact because they closely relate to the proposed engagement and because they I demonstrate our depth of experience. All of these cities participate in the GFOA and CSMFO award programs, and all have redevelopment agencies and multiple enterprise operations. TotalEngagement client Scope of Work Date Partner Hours 'City of Compton Annual audit for the City, CRA 2004- Michael Moreland 2,500 financial and compliance audits present Ms. Barbara Kilroy for the City's CRA, and City Manager AQMD,as well as for SLTPP (310) 605-5577 and OCJP funds, and single audit, State Controller's report, agreed-upon procedures for appropriations limit, and other special pro'ects. City of - • -n Grove Annual audit for " M " 11"- Michael Moreland 1,500 financial and compliance audit, present Mr. Kingsley Okereke single audit, agreed-upon Finance Director procedures for appropriations (714) 741-5060 limit, agreed-upon procedures for golf course, many other special City of Santa Ana Annual audit for the City, 2006- Kathryn 13eseau financial and compliance audit, present I Ms. Pamela Arends- AQMD financial and compliance King audit single audit, State ,Assistant Director of Controller's Report, agreed- Finance& Management upon procedures for Service appropriations limit, and other 714 647-542,0 prqjects- City of Monterey Annual audit forthe City, ` / " 004- Michael Moreland 850 financial and compliance audit, present Mr- Do Finance ■ - • . Powers• and P . • Municipal Servicessingle audit and agreed-upon procedures for appropriations City of Covina Annual audit for the City, RDA 2003- Michael Moreland 800 financial and compliance audit, present Mr. William Stawarski single audit, agreed-upon Finance Director procedures for appropriations 626) 858-7242 limit. Moreland & �&ocictk Ae CERTIFIED PUBLIC ACCOUNTANTS 16+ 1 i I I SPECIFIC AUDIT APPROACH YOUR OBJECTIVES You are selecting auditors to perform an audit of the financial statements of the City of Palm Springs for each of the three years ending June 30, 2009 with an option to extend for two additional one year periods. Each annual audit will include the following: r - A financial audit of the basic financial statements in the City's Comprehensive Annual Financial Report including the typing of the CAFR and providing one photo-ready original to the City. - A financial and compliance audit of the Community Redevelopment Agency of the City of Palm Springs. - An expansion of the City's financial audit to meet the requirements of the Single Audit Act, including the requirements of Circular OMB Circular A-133, Audits of State and Local Governments, and Non-Profit Organizations and preparation of the Data Collection Form. A Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards. This letter will include significant deficiencies and material weaknesses, if any, and is either included in the Single Audit Report or issued separately. - The application of agreed-upon procedures in connection with the annual calculation of the appropriations limit as required by Section 1.5 of Article XIIIB of the California Constitution. - On an as-needed basis, perform a compliance review of the agreement between the City and the management company operating the City's municipal golf course. - Review and summarize the Community Redevelopment Agency's Disposition and Development Agreements to ensure transactions are properly recorded. - A management letter addressed to the City Manager containing our comments and recommendations for improving the accounting procedures and the systems of internal control (control deficiencies not considered significant/material weaknesses). - A letter to the City Council containing required communications about the audit process. - Provide if necessary, a written report of all irregularities and illegal acts or indications of illegal acts during the audit process to the City Manager, City Attorney and the Director of Finance. - Keep the City informed of state and national developments affecting accounting, jauditing and financial reporting including providing guidance on implementation of GASB requirements. OPTIONAL SERVICES Prepare the City's Annual State Controllers Report. 1 - Prepare the Annual State Controller's Report for the Redevelopment Agency- - Prepare the Annual Street Report. - Prepare the financial statements for the Financing Authority of the City of Palm Springs. Moreland & 44doa4", Aw. Tg CERTIFIED PUBLIC ACCOUNTANTS 17 i f i Each annual audit will be performed in accordance with auditing standards generally accepted in the United States of America, as adopted by the AICPA, and will conform with guidelines set forth in the AICPA's Industry Audit Guide, Audits of State and Local Governments (GASB 34 Edition). Also, the annual audit will comply with the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. We will assist you in the preparation of financial statements in accordance with the most recent applicable pronouncements of the j Governmental Accounting Standards Board. Additionally, we will work with you in preparing a CAFR that continues to meet the reporting requirements for a Certificate of Achievement for Excellence in Financial Reporting issued by the Government Finance i Officers Association and an "outstanding" award in financial reporting issued by the California Society of Municipal Finance Officers, if you qualify for participation in the CSMFO Award program. In connection with the annual audit, we will review the systems of internal control and accounting procedures in order to develop our audit tests and to.provide the City with a management letter containing our comments and recommendations for improving the accounting procedures and the systems of internal control. Significant deficiencies and material weaknesses, if any, will be included in our Report an Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards. This is one of the letters included in the Single Audit Report, or issued separately. We will initiate an exit conference to discuss drafts of our management letter and the various financial and compliance reports with appropriate City personnel. Following the audit, we will meet to discuss any suggestions that either of us may have for improving the conduct of the annual audit process or any other matters of interest. Annually, we will issue a letter to the City Council regarding the conduct of the annual audit. We are always available for meetings or discussions with City staff, and/or the City Council in order to meet your needs. ( We will follow the audit approach described below in order to meet all of your objectives and timing requirements. OUR APPROACH TO YOUR OBJECTIVES Our audit approach will emphasize service to the City. Service not only in terms of a qualified staff of auditors efficiently and effectively performing the necessary audit tests, but also service as an attitude maintained by the entire audit team. All of our planning, audit tests and dealings with you and your staff will be performed from an independent, objective viewpoint, yet we will never forget that our product is a service. We understand that the annual audit will result in a certain amount of additional work and inconvenience; on the part of City staff. However, we are confident that our service-oriented audit approach will eliminate many of the common problems experienced in governmental audits, such as: Morelalid & djbac%lei, GERTIFIed PUBLIC ACCOUNTANTS 18 i - New staff each year, - Inexperienced staff who do not understand governmental accounting, Auditors who feel free to interrupt your staff any time, and f - Management letter comments made without a thorough understanding of the related costs or even the practicality of the recommendation. We know these common complaints and can avoid them because of four very important facts, namely: - Our audit team members maintain their up-to-date knowledge of the governmental industry at the same meetings and seminars that you and your staff attend, Many of our audit staff have worked in government, so they better understand your audit needs and what you expect in terms of service, Our audit team members have spent many years successfully serving the local government industry, and - Our service approach to you will be supervised by Mr. Michael Moreland, who, because of his years of serving local government clients, thoroughly understands the duties and responsibilities of your staff. I AUDIT APPROACH- PLANNING AND INTERIM AUDIT WORK iDuring July of this year, and May or June of future years, management of our audit team will have an entrance conference with the Director of Finance/Treasurer and other appropriate City staff. The purpose of this meeting will be to ensure a good working relationship and to discuss the scope and timing of the annual audit, the documents needed for our permanent files, the detailed audit plan, and the list of schedules that City staff normally prepares in connection with the year-end closing. Perhaps the most important objective of the pre-audit conference is to establish a relationship in which we all feel comfortable in asking questions and expressing our views. We devote a considerable amount of time to planning each year, because we find that well-planned audits are completed in a timely manner. We will schedule approximately one week of interim audit work each year. We will prepare flow charts and other documentation of the internal control structure and of the major systems, such as revenue and cash receipts, purchasing and cash disbursements, payroll and personnel, capital assets, grant compliance, and investment activities. This information is gained through discussions with appropriate City staff, and the review of available documented policies and procedures_ Our knowledge of your overall internal control structure and of your major systems will be used to tailor our standard audit programs to your specific systems. During the interim work in subsequent years, we will note changes in the system, if any. Moreland 8i 6a do rr�.e6, Inc. I CEFTIFIEO PUBLIC ACCOUNTANTS .�9 I I At this point we will utilize the prior year financial statements, the current year budget and our knowledge of your systems to determine materiality for audit purposes. This level of I materiality and our evaluation of risks will be employed during the final audit work to decide on the extent of testing of year-end account balances. The review of these ( documents will also assist us in identifying changes from the prior year in the operations of I the City. ( Each year we will select a sample of transactions to determine to what extent the systems are functioning as described to us. The extent of our sample size will depend upon our assessment of your internal control structure. The selection of transactions for testing will ( be made using a combination of random, systematic and haphazard sampling techniques_ We will test the strengths of the systems to be sure they are functioning as intended. We will identify weaknesses, if any, so that they can be included along with our recommendations in our annual management letter. During the interim audit work we will also arrange for typing of confirmations, finalize the schedule for the completion of the final audit work, complete the listing of client prepared schedules, and perform those tasks which can be efficiently accomplished prior to the end of the year. During August each year we will contact you to determine that the year-end closing is well planned. We will also discuss any matters that may impact our audit procedures or your financial reporting. AUDIT APPROACH-FINAL AUDIT WORK The final audit work will begin each year in early October with an entrance conference with the Director of Finance/Treasurer and other appropriate City staff. Fieldwork will begin with an analytical review of revenues and expenditures. This review will include a comparison of prior year financial statements and current year budget to the year-end trial balance to identify those accounts which will require further audit work based on materiality levels. The primary objective of the final audit work is to audit the final numbers that will appear in the financial statements. Upon completion of fieldwork and posting of any audit adjustments, we will perform a final analytical review of audited balances to determine if our materiality levels have changed as the result of year-end adjustments and to ensure that sufficient test work has been completed. The fieldwork will be completed by late October. Our management review will be completed in the field during the same time period so that at the conclusion of the fieldwork we have agreement on both the format and the content of the various financial reports_ An exit conference will be held at the end of fieldwork to summarize the results of the fieldwork and to review significant findings. fWe suggest meeting with appropriate City staff on a regular basis. This will avoid being disrupted by questions, one at a time. We find that our workday is far more productive when we can plan ahead, and we are sure that well planned days are your most . Ii productive also. Moreland p&Dus%coo c�iw, Sic. 20 I i As part of the annual audit, we will evaluate the internal control structure in order to determine the nature and extent of our audit procedures. Frequently, this evaluation process leads to worthwhile suggestions for improving the internal control structure as well as the efficiency and effectiveness of accounting operations and procedures- All of our recommendations will be discussed at an exit conference with the Director of Finance/Treasurer and other relevant City personnel and, if appropriate, presented in writing at the completion of our audit- We are available each year to attend relevant meetings of the City Council. APPROACH TO THE SINGLE AUDIT Our approach to the Single Audit will begin with the identification of Major Federal Financial Assistance Programs from the list of Federal Assistance Program expenditures that City staff will provide. We will require a preliminary listing in connection with our interim audit work. At that time we will identify the major accounting cycles such as cash receipts, purchasing and cash disbursements, payroll procedures, investment procedures, etc. which affect Federal programs. We will prepare flow charts and/or other documentation of these accounting cycles and identify the internal control procedures that the City has established- We will then perform tests of transactions for each of these accounting cycles in order to satisfy ourselves that the internal controls are functioning as intended. We will then work with City staff to identify the systems you have established to monitor compliance with the requirements of the Major Federal Financial Assistance Programs. Next we will select transactions, reports, files, etc. to test that the compliance systems are functioning as intended. We will complete the additional audit procedures in connection with the single audit during the financial audit process. Much of this work will be accomplished in connection with the interim audit work. It will be completed during the final audit work so that we can discuss drafts of the various financial and compliance reports at the same time that we are discussing the other financial reports. I REPORTS TO BE ISSUED- SINGLE AUDIT During the final audit work, we will complete any additional testing of Major Federal Financial Assistance Programs that may be necessary as a result of reviewing the final schedule of expenditures. We will then prepare drafts of the required reports for your review. After reviewing and discussing drafts of the required reports, you should prepare responses to any findings or questioned costs. The reports will be revised to include your l responses and will be delivered along with the other reports. l I Moreland & Wwoor� dim CERTIFIED PUBLIC ACCOUNTANTS 21 I KNOWLEDGE OF APPLICABLE LAWS AND REGULATIONS We have a copy of the California Government Code and the Health and Safety Code in our offices for use as needed during the annual audit_ We have included references to the more common laws, rules and regulations in our standard audit program. In addition, we utilize the "Single Audit Information Service" to maintain our knowledge of the applicable laws relating to Federal programs. We will utilize our knowledge of Federal, State, and local laws, rules, and regulations as they pertain to our financial and compliance audit work. PAPERLESS AUDIT APPROACH For all new audit engagements we are using a paperless audit approach. This approach allows us to expand our audit coverage while streamlining our audit effort. The 'system lends itself to analytical review procedures, develops audit lead schedules and produces a financial statement at the end of the fieldwork. This twenty-first century approach to auditing means greater audit coverage with far less delays in completing the audit process. LEVEL OF STAFFING We estimate the combined level of staffing for the year ending June 30, 2007, including hours for optional services listed, is as follows: Planning and Interim Audit Work Partner 12 Manager 41 Senior Staff 188 Staff 120 Clerical 2 Total Planning and Interim Audit Work 363 I Final Audit Work Partner 36 Manager 76 Senior Staff 220 Staff 152 Clerical 20 1 Total Final Audit Work 504 Total Engagement 867 Moreland & Adcda i, Arm CERTIFIED PUBLIC ACCOUNTANTS 22 KEY DATES FOR COMPLETION OF THE JUNE 30, 2007 AUDIT Presented below are suggested key dates for the completion of the June 30, 2007 audit: June, 2007 Selected by the City Council. ' 00 Jul 0 October 1 to October 19, Final audit work and management review as 2007 described ab.ve, November 9, 2007 Deliver draft copies of all financial and compliance reports. I I J1111- �--.7 1� 1 `"Ti6 - 'e 'r. ' F�Q AP d't 3' 7'...... PV14" r0 i§dj ....... ' Wh- nti or-of.opptes' ,df; 41P f1h 661al Ah 66 ah r-9- ot"), oft6"rs pop, N ASSISTANCE BY CITY STAFF We will require assistance in connection with the annual audit by City staff in the following areas: Clerical assistance such as typing of confirmations, pulling of invoice packages, and reproduction of agreements and other documents for our files. Technical assistance in familiarizing our staff with the controls you have established to monitor compliance with Federal program requirements. Technical assistance in familiarizing our staff with the flow of information through the major and minor accounting cycles such as cash receipts, Gash disbursements, payrolls, accounting for grants, etc. Also, technical assistance in connection with the overall activities of the Finance Department such as the preparation and approval of journal entries, the reports generated by your computerized accounting system, and the schedules generated in connection with the year-end closing. Since we will be assigning staff who are very experienced in governmental accounting and ,auditing, the time required of City staff will not be excessive. IDENTIFICATION OF ANTICIPATED POTI=-NTIAL AUDIT PROBLEMS We do not anticipate any potential audit problems. If problems were to arise during the audit, we will immediately notify the City and, if requested, assist the City. in finding a solution. Moreland & CEFFIFIIE�D PUBLIC ACCOUNTANTS 23 i RESPONSE TO CITY STANDARD TWO-PARTY AGREEMENT fWe will maintain the City's insurance requirements during the term of the engagement as described in Exhibit B of the Request for Proposal. After being selected as the City's auditors, we will name the City as an additional insured. We are providing a copy of our certificate of insurance for your review. It is included in Appendix B. We request Section 8.3 of your City's Standard Two-party Agreement be modified to reflect that audit working papers will remain the property of the Consultant. 17 I I I , I I I Moreland �Ak";X d j �ne. � CERTIFIED PU$LIC ACCOUNTANTS 24 I APPENDIX A Latest External Quality Control Review Report i i r r i EPJessie C. Powell, CN POWELL & SPAFFOPD, LLP - Polria D. Spaf{ori, CPS CERTIFIED PU,LIC ACCOUNTANTS Lieem JL,iL, J C hl:.l PAL, To the Shareholders Moreland& Associates, Inc. Certified Public Accountant We have reviewed the system of quality control for the accounting and auditing practice of Moreland & Associates, Inc. (the firm) in effect for the year ended December 31, 2005, A system of quality control .encompasses the firm's organizational structure,the policies adopted and procedures established to provide it with reasonable assurance of conforming with professional standards. The elements of quality control are described in the Statements on Quality Control Standards issued by the American Institute of Certified Public Accountants(A)CPA), The firm is responsible for designing a system of quality control and complying with it to provide the firm reasonable assurance of conforming with professional standards in all material respects. Our responsibility is to express an opinion on the design of the system of quality control and the firm's compliance with its system of quality control based on our review. Our review was conducted in accordance with standards established by the Peer Review Board ofthe AICPA. During our review,we read required representations from the firm,interviewed firm personnel,and obtained an understanding of the nature of the firm's accounting and auditing practice, and the design of the firm's system of quality control sufficient to assess the risks implicit in its practice. Based on our assessments, we selected engagements and administrative files to test for conformity with professional standards and compliance with the firm's system of quality control. The engagements selected represented a reasonable cross-section of the firm's accounting and auditing practice with emphasis on higher-risk engagements. The engagements selected included among others, engagements performed under Governmental Auditing Standards. Prior to concluding the review, we reassessed the adequacy of the scope of the peer review procedures and met with firm management to discuss the results of our review. We believe that the procedures we performed provide a reasonable basis for our opinion. In performing our review, we obtained an understanding of the system of quality control for the firm's accounting and auditing practice. In addition,we tested compliance with the firm's quality control policies and procedures to the extent we considered appropriate. These tests covered the application of the firm's policies and procedures on selected engagements. Our review was based on selected tests therefore it would not necessarily detect all weaknesses in the system of quality control or all instances of noncompliance with it. There are inherent limitations in the effectiveness of any system of quality control and therefore noncompliance with the system of quality control may occur and not be detected- Projection of any evaluation of system of quality control to future periods is subject to the risk that the system of quality control may become inadequate because of changes in conditions, or because of the degree of compliance with the policies or procedures may deteriorate. 664 W UiKh Court • San Ber-nnAino.CA 92410 • Q0. Box 8,547 • Pedlonl,C4 9-7375 ielepLone 909-885-7721 o Fax 909-885-7541 in our opinion, the system of quality control for the accounting and auditing practice of Moreland & Associates, Inc., in effect for the year ended December 31,2005,has been designed to meet the requirements of the quality control standards for an accounting and auditing practice established by the AIGPA and was complied with during the year then ended to provide the firm with reasonable assurance of complying with professional standards. As is customary in a system review,we have issued a letter under this date that sets forth comments that were not considered to be of sufficient significance to affect the opinion expressed in this report. June 6,2006 i f I ' I i , SEALED DOLLAR COST BID T "LES FOR CITY OF PALM SPRING FOR PROFESSIONAL AUDITING SrRVICES RFP 08-07 MAY 11, 2007 P (COPY) 7 41, "Ja 9 j 7 o on t o� A rn.iji.'�x'P��:'!�. k IW it C IVY ltj 1201 DOVE STREET,SUITE 630 �+ ,.] �` ,�/q,� NEWPORT BEACH,CALIFORNIA 92660 or eland J, & [J +'J.�Q.� Jn y, (949)221.0025 IL CERTIFIED PUBLIC ACCOUNTANTS 570 RANCHEROS DRIVE,SUITE 260 SAN MARCOS,CA 92069 (760)7523360 May 11, 2007 Mr. Craig A. Graves Director of Finance/Treasurer City of Palm Springs 3200 East Tahquitz Canyon Way Palm Springs, CA 92262 Dear Mr. Graves: Attached are the forms supporting our proposal of fees and the hourly rates to be used in computing our fees for the three years ending June 30, 2009, with an option to extend for two additional one year periods. Hourly rates and maximum fees will increase 4% each year to cover increased salary and other costs. Fees for our services are billed on a monthly basis as the work progresses. Fees for additional services are billed at the hourly rates in effect at the time the services are provided. A summary of fees for the three years ending June 30, 2009 is provided below. The individual tasks reflect those described in the Request for Proposal. Nature of Services to be Provided 2007 2008 2009 Task 1, Including Tasks A, B & C $ 37,800 $ 39,300 $ 40,884 Task 2 8,000 8,320 8,653 Task 3 8,000 8,320 8,653 Task 4 3,800 3,952 4,110 Task 5 2,500 2,600 2,704 Task 6 (Optional) 5,000 5,200 5,408 Task 7 (Optional) 3,600 3,744 3,894 Task 8 (Optional) 1,500 1,560 1,622, Task 9 (Optional) 4,000 4,160 4,326 I Totals $ 74200 $ 77,156 $ 80,254 I I Total Price 2007 Audit in Words: Seventy-four thousand two hundred dollars and no cents Total Price 2008 Audit in Words: Seventy-seven thousand one hundred and ffN six dollars and no cents, Total Price 2009 Audit in Words: Eighty thousand two hundred and fifty four dollars and no cents i I I Mr. Craig A. Graves Director of Finance/Treasurer City of Palm Springs May 11, 2007 Page 2 The hourly rates to be used for each of the three years ending June 3.0, 2009 as follows: Hourly Rates Classification 2007 2008 2009 Partner $ 150 $ 156 $ 162 Manager 110 114 119 Senior Accountant 80 83 86 Assistant Accountant 70 73 76 Clerical 35 36 37 Thank you for the opportunity to present this proposal. We hope that we were able to convey to you our knowledge of your industry and the quality of service which we provide to all of our clients. Please do not hesitate to contact us should you have any questions. The undersigned is entitled to represent the firm, empowered to submit this bid, and authorized to sign a contract with the City of Palm Springs. Very truly yours, MORELAND &ASSOCIATES, INC. Michael C. Moreland, Partner MCM: sr I COST SCHEDULE OF PROFESSIONAL FEES AND EXPENSES FOR THE AUDIT OF THE FY 2006-2007 THROUGH 2O08-2009 FINANCIAL STATEMENTS (RFP TASK# 1 INCLUDING A, B & C) Hourly Hourly Hourly Total$ Total$ Total$ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2,007 2,008 2,009 Total Partners 30 $150 $156 $162 $ 4,500 $ 4,680 $ 4,860 $ 14,040 Managers 60 110 114 119 6,600 6,840 7,140 20,580 Supervisory Staff 180 80 83 86 14,400 14,940 15,480 44,820 Staff 135 70 73 76 9,450 9,855 10,260 29,565 Clerical 8 35 36 37 280 288 296 864 Total for Services 35,230 36,603 38,036 109,869 Other: Waals, Loding&Transportation 2,570 2,697 2,848 8,115 Estimated Number of Hours Required from City to Develop Permanent File: 24 From City ClerWs Office 24 From Finance Department i Total All-inclusive MWmum Price(2007-2009 total): ffi 37,800 $39,300 $ 40,884 $ 117,984 Total All-inclusive Ma>amum Price(2007-2009 total) IN WORDS: One hundred seventeen thousand nine hundred eighty four dollars and no cents i Responding to Request for Proposals No. 08-07 for Professional Auditing Services for the City of Palm Springs the undersigned Proposer proposes and agrees to perform the auditing services in good order and in accordance with the specifications. I/We will provide the above specified services for the City of Palm Springs, and will accept as full payment the above all-inclusive maximum amount. (Signature of Authorized Representative) MICHAEL C. MORELAND (Printed Name of the Authorized Representative) MORELAND &ASSOCIATES, INC. MAY 11, 2007 (Name of Firm) & (Date) * Addendum # 1, 2 &3 is/are hereby acknowledged. o ^�� COST SCHEDULE FOR THE PALM SPRINGS REDEVLOPMEN_T AGENCY AUDIT REPORT (RFP TASK#2) Hourly Hourly Hourly Total$ Total$ Total$ Rates Rates Rates FY 2006- FY 2007- FY 2003- Hours 2007 2008 2009 2007 2008 2009 Total Partners 5 $ 150 $ 156 $ 162 $ 750 $ 780 $ 810 $ 2,340 Managers 12 110 114 11$ 1,320 1,368 1,428 4,116 Supervisory Staff 40 80 83 86 3,200 3,320 3,440 9,960 Staff 24 70 73 76 1,680 1,752 1,824 5,256 Clerical 4 35 36 37 140 144 148 432 Total for Services 7,090 7,364 7,650 22,104 Other: Meals, Lading &Transportation 910 956 1,003 2,869 Total Price for the Palm Springs Redevlopment Agency Audit Report: $ 8,000 $ 8,320 $ 8,653 $ 24,973 Total Price IN WORDS: Twenty-four thousand nine hundred seventy-three dollars and no cents COST SCHEDULE FOR THE SINGLE AUDIT REPORT(RFP TASK#3) Hourly Hourly Hourly Total$ Total$ Total $ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2007 2008 2009 Total Partners 5 $ 150 $ 156 $ 162 $ 750 $ 780 $ 810 $ 2,340 Managers 12 110 114 119 1,320 1,368 1,428 4,116 Supervisory Staff 40 80 83 86 3,200 3,320 3,440 9,960 Staff 24 70 73 76 1,680 1,752 1,824 5,256 Clerical 4 35 36 37 140 144 148 432 Total for Services 7,090 7,364 7,650 22,104 Other: Meals, Loding &Transportation 910 956 1,003 2,869 Total Price for the Palm Springs Single Audit Report: $ 8,000 $ 8,320 $ 8,653 $ 24,973 Total Price IN WORDS: Twenty-four thousand nine hundred seventy-three dollars and no cents i I I i i COST SCHEDULE FOR THE PREPARATION OF THE GOLF COURSE COMPLIANCE REVIEW(RFP TASK#4) Hourly Hourly Hourly Total$ Total$ Total$ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2007 2008 2009 Total Partners 2 $ 150 $156 $162 $ 300 $ 312 $ 324 $ 936 Managers 5 110 114 119 550 570 595 1,715 Supervisory Staff 16 80 83 86 1,280 1,328 1,376 3,984 Staff 16 70 73 76 1,120 1,168 1,216 3,604 Clerical 2 35 36 37 70 72 74 216 Total for Services 3,320 3,450 3,585 10,355 Other. Meals, Loding &Transportation 480 502 525 1,507 Total Price for the Golf Course Compliance Review: $ 3,800 $ 3,952 $ 4,110 $ 11,862 Total Price IN WORDS: Eleven thousand eight hundred sixty-two dollars and no cents COST SCHEDULE FOR THE PREPARATION OF THE REVIEW OF DISPOSITION AND DEVELOPMENT AGREEMENTS (RFP TASK#5) Hourly Hourly Hourly Total$ Total$ Total$ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2007 2008 2009 Total I Partners 4 $ 150 $ 156 $ 162 $ 600 $ 624 $ 648 $ 1,872 Managers 8 110 114 119 880 912 952 2,744 Supervisory Staff 8 80 83 86 640 664 688 1,992 Staff - 70 73 76 - - - - Clerical 35 36 37 - - - f Total for Services 2,120 2,200 2,288 6,608 Other: Meals, Loding &Transportation 380 400 416 1,196 Total Price for the Review of Disposition and Development Agreement: $ 2,500 $ 2,600 $ 2,704 $ 7,804 Total Price IN WORDS: Seven thousand eight hundred and four dollars and no cents I g Nag COST SCHEDULE FOR THE PREPARATION OF THE ANNUAL STATE CONTROLLER'S REPORT FOR THE CITY(OPTIONAL TASK#6) Hourly Hourly Hourly Total$ Total$ Total$ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2007 2008 2009 Total Partners - $ 150 $ 156 $ 162 $ - $ - $ - $ Managers 6 110 114 119 660 684 714 2,058 Supervisory Staff 50 80 83 86 4,000 4,150 4,300 12,450 Staff - 70 73 76 - - - Clerical 35 36 37 - - Total for Services 4,660 4,834 5,014 14,508 Other: Meals, Loding &Transportation 340 366 394 1,100 Total Price for the Annual State Controller's Report for the City: $ 5,000 $ 5,200 $ 5,408 $ 15,608 Total Price IN WORDS: Fifteen thousand six hundred and eight dollars and no cents COST SCHEDULE FOR THE PREPARATION OF THE ANNUAL STATE CONTROLLER'S REPORT FOR THE COMMUNITY REDEVLOPMENT AGENCY(OPTIONAL TASK#7) i Hourly Hourly Hourly Total $ Total$ Total$ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2007 2008 2009 Total I Partners - $ 150 $ 166 $ 162 $ - $ - $ - $ - Managers 4 110 114 119 440 456 476 1,372 Supervisory Staff 36 80 83 86 2,880 2,988 3,096 8,964 Staff - 70 73 76 - - - - Clerical 35 36 37 - - - Total for Services 3,320 3,444 3,572 10,336 Other: Meals, Loding &Transportation 280 300 322 902 Total Price for the Review of Disposition and Development Agreement: $ 3,600 $ 3,744 $ 3,894 $ 11,238 Total Price IN WORDS: Eleven thousand two hundred thirty-eight dollars and no cents U'j I r COST SCHEDULE FOR THE PREPARATION OF THE ANNUAL STREET REPORT(OPTIONAL TASK#$) Hourly Hourly Hourly Total$ Total$ Total$ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2007 2008 2009 Total Partners - $ 150 $ 156 $ 162 $ - $ - $ - $ Managers 2 110 114 119 220 228 238 686 Supervisory Staff 14 80 83 86 1,120 1,162 1,204 3,486 staff - 70 73 76 - - - - Clerical 35 36 37 Total for Services 1,340 1,390 1,442 4,172 Other: Meals, Loding &Transportation 16O 170 180 510 Total Price for the Annual Street Report: $ 1,500 $ 1,560 $ 1,622 $ 4,682 Total Price IN WORDS: Four thousand six hundred and eighty-two dollars and no cents COST SCHEDULE FOR THE CITY OF PALM SPRINGS FINANCING AUHTORITY AUDIT REPORT(OPTIONAL TASK#9) Hourly Hourly Hourly Total$ Total $ Total $ Rates Rates Rates FY 2006- FY 2007- FY 2008- Hours 2007 2008 2009 2007 2008 2009 Total Partners 2 $ 150 $ 166 $162 $ 300 $ 312 $ 324 $ 936 Managers 8 110 114 119 $80 912 952 2,744 Supervisory Staff 24 80 83 86 1,920 1,992 2,064 5,976 Staff 8 70 73 76 560 584 608 1,752 Clerical 4 35 36 37 140 144 148 432 j Total for Services 3,800 3,944 4,096 11,840 Other: Meals, Loding &Transportation 200 216 230 646 Total Price for the Review of Disposition and Development Agreement: $ 4,000 $ 4,160 $ 4,326 $ 12,486 iTotal Price IN WORDS: Twelve_thousand four hundred and eighty-six dollars and no cents I C��� EXHIBIT "B" CITY OF PALM SPRINGS REQUEST FOR PROPOSALS (##08-07) FOR PROFESSIONAL AUDITING SERVICES (ON FILE IN THE OFFICE OF THE CITY CLERK, CITY OF PALM SPRINGS) 5?g7G2 I