The City of Miami Beach (the City) is required to have an annual audit performed on the City’s Comprehensive Annual Financial Report (CAFR) in accordance with Florida Statutes 218.39. Other audits are required to be conducted in accordance with the U.S. Office of Management and Budget (OMB) Circulars, Bonded Debt Covenants, Performance Management and/or Grant Agreements. Each audit herein must be conducted by an independent audit firm.
In 2014, the City of Miami Beach entered into a professional services agreement with Crowe Horwath, LLP, for Auditing Services, pursuant to RFP 2014-276-LR, for three (3) years with two (2) optional one (1) year renewal periods, with costs ranging from $228,000 to $248,600 on a per year basis. In consideration of the approaching expiration of the current contract with Crowe Horwath, the Administration is requesting a replacement contract for the continuation of the annually required auditing services.
Pursuant to the above requirements, the City is required to procure auditing services to examine the City’s Basic Financial Statements included in the City’s Comprehensive Annual Financial Report (CAFR), Federal grant programs and State projects (OMB A-133 Single Audit) and the financial statements of the Miami Beach Redevelopment Agency’s (RDA) , the Parking Systems Fund’s (PSF) , the Miami Beach Visitor and Convention Authority’s (VCA), the Miami Beach Convention Center (MBCC), as managed by Global Spectrum (GS), the Safe Neighborhood Parks and Bond Program (SNP), Children Trust (CT) and Building Better Communities (BBC). Therefore, by way of RFP 2019-092-JC, the City seeks to fulfill this statutory requirement.
The solicitation was reviewed and approved by the Audit Committee with the addition of a provision at least two senior auditors for the duration of the engagement. Additionally, it is important to note that, pursuant to Section 218.39, Florida Statutes, the evaluation committee for this project shall be the City's Audit Committee.
SCOPE OF SERVICES
Auditing services shall provide the City with an annual audit on the City’s Comprehensive Annual Financial Report (CAFR), in accordance with Florida Statutes 218.39.
- SCOPE OF WORK. Please Reference Appendix C, Page 28, RFP 2019-092-JC, for Auditing Services (attached).
- SUBMITTAL REQUIREMENTS. Please Reference Section 0300, Page 12, RFP 2019-092-JC, for Auditing Services (attached).
- CRITERIA FOR EVALUATION. Please Reference Section 0400, Page 15, RFP 2019-092-JC, for Auditing Services (attached).