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FYE2012 to FYE2016 2nd Amendment 07/15/2015 AMY HEAVILIN, CPA CLERK OF CIRCUIT COURT & COMPTROLLER MONROE COUNTY,FLORIDA Nral DATE: August 18, 2015 TO: Bob Shillinger, County Attorney ATTN: Cynthia Hall Assistant County Attorney _ . FROM: Cheryl Robertson Executive Aide to the Clerk of Court & Comptroller U iiz t? //�ohe J h At the July 15, 2015, Board of County Commissioner's meeting the Board granted approval and authorized execution of Item S5 Second Amendment to the Audit Contract between Monroe County and Cherry Bekaert LLP, the County's independent external auditing firm, exercising the option for a two- - - year extension of the contract term, and increasing the contract amount by $10,000 for each of the two years,to $296,000 per year. Enclosed is a duplicate original of the above-mentioned for your handling. Should you have any questions, please feel free to contact my office. cc: County Attorney Fina a(electronic copy) File 500 Whitehead Street suite 101,PO Box 1980,Key West,FL 33090 Phone:305-295-3130 Fax:305-295-3663 3117 Overseas Highway,Marathon,FL 33050 Phone:305-289-6027 Fax:305-289-6025 88820 Overseas Highway,Plantation Key,FL 33070 Phone:852-7145 Fox:305-852-7146 ft COUNTY OF MONROE AUDIT CONTRACT SECOND AMENDMENT (EXERCISING OPTION TO EXTEND FOR TWO ADDITIONAL YEARS) This is an amendment (Second Amendment) to the contract dated July 18, 2012 ("Audit Contract") by and between the Board of County Commissioners of Monroe County, Florida (hereinafter "County") and Cherry Bekaert L.L.P. (hereinafter "Auditor"), a Certified Public Accountant limited liability partnership licensed to do business in the State of Florida (collectively,the`Parties"). WHEREAS, on July 18, 2012, the parties entered into the Audit Contract covering the external audit of the County's finances for fiscal years ending September 30, 2012, 2013 and 2014; and WHEREAS, the Audit Contract contains an option to extend the Audit Contract for an additional two (2) years; and WHEREAS, an Audit Selection Committee convened pursuant to Section 218.391, Fla. Stat., composed of representatives of each of the constitutional officers and the County unanimously voted to recommend extension of the Audit Contract; and WHEREAS, the County wishes to exercise the option to extend the Audit Contract for two (2) additional years; and WHEREAS, the base fee in the Audit Contract as originally stated ($286,000.00 per audit) has not increased since inception of the Audit Contract; and WHEREAS, the Auditor has requested an increase in the fixed fee by $10,000.00 per fiscal year for each of the remaining two fiscal years; and WHEREAS, the County agrees to the price increase. NOW, THEREFORE, in consideration of the mutual promises, benefits and covenants set forth herein, the Parties agree as follows: 1. Under Section 3, TERMS OF ENGAGEMENT, a new paragraph 3.1 is added, to read as follows: 3.1 This Agreement is hereby extended for two (2) additional years, until the completion of the financial audit for the fiscal year ending September 30, 2016. 2. Under Section 4, COMPENSATION AND TERMS OF PAYMENT, a new paragraph 4.1 is added,to read as follows: 4.1 For preparation of the audits covering fiscal years ending September 30, 2015 and September 30, 2016, the COUNTY shall pay to the AUDITOR a fixed T°Amendment Cheery Bekaen L.L.P. t fee for the annual audit of the COUNTY's financial statements of two hundred ninety-six thousand and no cents ($296,000.00) for each of the two audits. This fee is all-inclusive, and no charge for travel, telephone bills, copying or any other related fees or expenses shall be billed. The hourly fees shown in Section 4 of the Audit Contract, applicable to extra work requested by the COUNTY, remain unchanged. Payment under this agreement is contingent upon annual appropriation by the Monroe County Board of County Commissioners. 3. In all other respects, the terms and conditions of the Audit Contract dated July 18, 2012, and the First Amendment to the Audit Contract dated January 6, 2014 remain in full force and effect. IN WITNESS WHEREOF, the Parties hereto have caused this agreement to be executed on the day and year first above written. 1 HEAVILIN, ClerkIN BOARD OF COUNTY COMMISSIONERS €t - [ � OF MONROE COUNTY, FLORIDA Deputy Clerk Mayor/Chairperson Witness: C Y BEKAERT, LLP BY: 'fi attic t, Q• (t t By: Partner Printed Name: alricea A. 4.vde Printed Name: Eddie Aurkt O, ac . s C. (NI It r j,. c n p- c cdx p co [.)o u.. — MO OE COUNTY ATTORNEY p =L.LJ cc ac !P(FRO D A TQy FQF�M: 4 r r YNTHIA L. HALL o ASSIS NET COUNTY ATTORNEY Date co—`- -ni01S 2"Amendment Cherry Bekaen L.L.P. 2