Agenda - Council - 10/09/2007 - Laserfiche WebLink

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CITY OF RAMSEY REQUEST FOR PROPOSALS FOR PROFESSIONAL AUDIT SERVICES a. Proposed timing of the engagement, b. Level of staff and number of hours to be assigned to each proposed segment of the engagement, c Sample sizes and the extent to which statistical sampling is to be used in the engagement, d. Extent of use of computer software in the engagement, e. Type and extent of analytical procedures to be used in the engagement, Approach to be taken to gain and document an understanding of the City's internal control, Approach to be taken in determining laws and regulations that will be subject to audit test work. - Approach to be taken in drawing audit samples for purposes of tests of compliance. 8. Identification of Anticipated Potential Audit Problems The proposal should identify and describe any anticipated potential audit problems, the firm's approach to resolving these problems and any special assistance that will be requested from the City. c) Dollar Cost h. 1. Total All- Inclusive Maximum Price (Attachment A completed & signed) Attachment A's price should specify all pricing information relative to performing the audit engagement as described in this request for proposal. The total all- inclusive maximum price is to include all direct and indirect costs including all out -of- pocket expenses. The cost of a single audit report should be disclosed as a separate component of the total all- inclusive maximum price. The cost of the Ramsey Fire Relief Association audit should be disclosed as a separate component of the total all - inclusive maximum price. The City will not be responsible for expenses incurred in preparing and submitting the proposal. Such costs should not be included in the proposal. 2. Rates by Partner, Specialist, Supervisory and Staff Level times Hours anticipated for each (Attachment B- Schedule of Fees and Expenses). Page 10 of 14 -95-