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RESOLUTION NO. 7,264
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
AWARD A CONTRACT FOR AUDIT SERVICES TO PRICE
WATERHOUSE.
WHEREAS, the City of Little Rock requested bids in 1983
for audit services for 1984, 1985 and 1986; and
WHEREAS, as a result of those bids Frost and Company was
awarded a contract; and
WHEREAS, Frost and Company has now requested that the
City audit payment be increased by Five Thousand Dollars
($5,000.00) and the CDBG annual audit be increased by Two
Thousand Dollars ($2,000.00); and
WHEREAS, Price Waterhouse, the next low bidder to Frost
and Company, has indicated that they will honor their original
1983 bid, thus making them the overall low bidder.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS:
SECTION 1. The City Manager is hereby authorized to
award a contract to Price Waterhouse as set forth in the attached
fact sheet and bid tabulations for a contract for audit services
for 1984 through 1986 for a total price not to exceed the budget,
payable from the funds specified in the fact sheets.
ADOPTED: October 2, 1984
ATTEST:
i
CITY PERK
APPROVED:
MAYOR J. W. enaf' d
61
P- -0,
1 -6
- ity Littl
E. Jack Murph Room 208 City Hall
Director of Finance Markham 8 Broadway
8, Treasurer Little Rock, Ar. 72201
371 -4806
M E M O R A N D U M
September 6, 1984
TO: Susan B. Fleming, City Manager
FROM: j: rphy, Director of Finance
SUBJECT: C a gin Auditors
In view of the letter we have received from Frost & Company
requesting that the City audit payment be increased $5,000
and the CDBG annual audit be increased $2,000, I am recom-
mending we change auditors. I have checked with Price
Waterhouse and they will honor their 1983 bid, which as you
will see below is the next low bidder.
I am sure we will receive higher quotes if we rebid -this
audit service now that JTPA has been dropped. I suggest we
place this item on the September 26 agenda.
Following is a tabulation of second and third year auditing
service bids:
( ) Low Bidder
City
CDBG
Total
Arthur Young
1984
$7.5,750
$12,700
$38,450
1985
27,250
13,450
40,700
Baird, Kurtz,
1984
22,000
11,500
33,500
Dobson
1985
23,000
12,000
35,000
Fra ee, Fox, &
1984
25,510
14,210
39,720
Do ge
1985
26,980
14,880
41,860
Frost & Company
1984
16,100
14,500
Add
5,000
2,000
21,100
16,500
37,600
1985
16,800
15,100
Add
5,000
2,000
21,800
17,100
38,900
Kremer,, Byrne,
1984
30,500
9,500
40,000
Smith
1985
32,000
10,000
42,000
Lloyd & Co.
1984
22,600
11,900
34,500
1985
24,400
12,800
37,200
Peat Marwick
1984
23,000
13,500
36,500
1985
24,500
14,500
39,000
Price Waterhouse
1984
20,000
12,000
(32,000)
1985
20,000
12,000
(32,000)
( ) Low Bidder