Item Description:
title
Neg Agmt PR00006699 with CliftonLarsonAllen LLP for annual financial audits for Hennepin County and Hennepin Healthcare System, Inc., 11/01/24-12/31/31, Hennepin County NTE $4,744,137, Hennepin Healthcare System, Inc. NTE $1,944,788
end
Resolution:
body
BE IT RESOLVED, that the County Administrator be authorized to negotiate Agreement PR00006699 with CliftonLarsonAllen LLP to audit the financial statement of Hennepin County and Hennepin Healthcare System, Inc. for fiscal years ending December 31, 2024 through December 31, 2030 during the contract period of November 1, 2024 through December 31, 2031, in amounts not to exceed $4,744,137 for Hennepin County and $1,944,788 for Hennepin Healthcare System, Inc.; that following review and approval by the County Attorney’s Office, the Chair of the Board be authorized to sign the Agreement on behalf of the county; and that the Controller be authorized to disburse funds as directed; and
BE IT FURTHER RESOLVED, that the County Administrator be authorized to negotiate and sign additional work orders under the Agreement for the County within an annual not to exceed amount of $100,000.
end
Background:
On August 16, 2024, the County issued a Request for Proposals for qualified Certified Public Accounting (CPA) firms to conduct audits of the 2024 through 2030 Hennepin County and Hennepin Healthcare System, Inc. financial statements.
Four proposals were received in response to the RFP and reviewed by an evaluation panel consisting of representatives from Hennepin County and Hennepin Healthcare System, Inc. and public members of the Hennepin County Audit Committee. As described in the RFP, evaluation criteria emphasized the experience of both the firm and assigned audit personnel, in performing audits of similar size and scope (e.g. large local government agencies, large urban teaching hospitals with community outpatient clinics, and Minnesota Health Maintenance/Managed Care organizations). Based on that initial review, three firms were invited to present their proposals in-person to the evaluation panel. Following those presentations, the evaluation panel reached consensus in recommending CliftonLarsonAllen LLP as the best qualified audit services provider with competitive pricing.
Hennepin County and Hennepin Healthcare System, Inc. are entering into one contract with CliftonLarsonAllen LLP with a separate NTE for each entity. The County Administrator will take all necessary action under the current audit agreement as authorized by the Purchasing Rules. The proposed contract includes funding for:
1. Base Audit For Both Entities - audit services required to complete the annual financial audits of Hennepin County, Hennepin Health, the Hennepin County Housing and Redevelopment Authority, and the Hennepin County Regional Railroad Authority; the Minnesota Legal Compliance and Extended Employment/Vocational Services Program audits, Hennepin Healthcare System, Inc, Hennepin Healthcare Foundation, Hennepin Healthcare Research Institute; and the combined Hennepin County and Hennepin Healthcare System Single Audit of up to 14 major programs.
2. Hennepin County Additional Audit Services - Hennepin County’s not to exceed includes up to $100,000 annually for additional services.
recommendation
Recommendation from County Administrator: Recommend Approval