Title
General Government 2018 Financial Statement Audit Contract - First Amendment (B)
Explanation
The contract for audit of the financial statements of the City of Gainesville (General Government) Fiscal Year 2018 was signed on July 31, 2018 with Purvis Gray & Company LLP. The first year total, all-inclusive fee was forecast at Ninety-Five Thousand Six Hundred Dollars ($95,600). However, the contract also contained provisions for conditions unforeseen by the Auditor - Purvis Gray & Company, LLP. The contract’s price is now adjusted to a fixed fee of One Hundred Forty-Eight Thousand Six Hundred Dollars ($148,600.00) to adjust for the substantial additional work effort.
Recommendation:
The City Auditor recommends that the City Commission approve the contract amendment as written.
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