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Recommendation of Award, RFP Audit Services P2014000053
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The Albuquerque Bernalillo County Water Utility Authority issued the referenced Request for Proposals (RFP) to solicit proposals from qualified vendors to provide Audit Services.
The RFP was posted on the Sicomm website and advertised in the local newspaper. Three responses were received and submitted for evaluation. The ad hoc evaluation committee reviewed, evaluated, and scored the responses in accordance with the evaluation criteria published in the RFP.
The responses were reviewed, evaluated and scored by an ad hoc committee consisting of Stan Allred, Chief Financial Officer; Cliff Wintrode, Accounting Officer; Susan Lander, Fiscal Officer; and H. S. Warren, Customer Service Division Manager. The committee recommended the award of a contract to REDW, as that firm had the highest composite score, is qualified to perform the work, and meets the requirements of the RFP. Once a contract has been entered into, it must be submitted to the State Auditor's Office for their approval. Once approval has been granted REDW can begin work on the FY/14 CAFR.
FISCAL IMPACT:
The cost for this Audit work will be approximately $59,000 a year, with the contract covering a three year period. This amount is appropriated in the FY/15 Operating Budget.