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Description
San Bruno City Council Meeting April 26, 2011
10f. Financial Audit Services
A
B
B
B
They
do
have
a
lot
of
resources
having
you
know,
a
large
number
of
municipal
clients
and
as
part
of
their
services.
They
do
provide
accounting
guidance
in
terms
of
new
accounting
pronouncements
as
they
pertain
to
government,
auditing
and
government
agencies
in
selecting
the
firm
of
if
I
can
abbreviate
at
VTB,
they
are
actually
not
the
lowest
bidder.
There
were
two
other
firms
that
actually
bid
provided
bits
at
a
lower
price.
The
staffs
concern
about
the
the
other
tube
is
that
they
are
the
other
two
bid.
B
Bidding
firms
are
much
smaller
firms,
much
much
smaller
staff
and
the
clients
that
they
typically
have
are
smaller
than
this
pallies
and
or
special
agencies.
So
we're
a
little
bit
concerned
in
terms
of
the
resources
and
the
breadth
experience
not
necessary
in
terms
of
the
partner,
but
also
ranging
down
to
the
staff
level
that
would
be
actually
participating
in
in
our
audit
there.
B
So
the
three-year
proposal
for
Veronique
trying
and
they
works
out
to
be
one
hundred
forty
one
thousand
dollars
inclusive
of
the
preparation
of
the
financial
statements.
So
the
recommendation
from
staff
is
the
for
the
City
Council
to
adopt
the
resolution
authorizing
the
city
manager
to
execute
the
agreement
with
vtv
for
the
financial
services
auditing
services
for
the
three
years,
beginning
with
fiscal
year,
2010-11
taking
questions
any
questions,
action.