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CC Resolution 13289 - Approve the 1-Year Extension of City's Financial Audit Services ContractRESOLUTION NO. 13289 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL APPROVING AND AUTHORIZING THE CITY MANAGER EXECUTE AN AMENDMENT TO THE CONSULTANT SERVICES AGREEMENT WITH EIDE BAILLY FOR PROFESSIONAL AUDIT SERVICES WHEREAS, on April 20, 2020, the City Council adopted Resolution 12579, which authorized the City Manager to approve and execute the Consultant Services Agreement with Eide Bailly LLP for professional audit services for an initial three year period with an option to extend for an additional two years, and WHEREAS, City policy requires an independent auditing firm conduct an annual audit of the City's financials; and WHEREAS, Eide Bailly has been the City's independent auditors for the past five fiscal years; and WHEREAS, the City now has the need to amend its agreement with Eide Bailly by $70,000 and bring it up to a total of $358,825 to provide an additional year of professional auditing services, and WHEREAS, the City will undertake a full-scale competitive RFP process at the end of its contract amendment and term with Eide Bailly to select and enter into a new multiyear agreement with an independent auditing firm; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell does hereby approve and authorize the City Manager to an execute an amendment to the Consultant Services Agreement with Eide Bailly LLP for professional audit services. PASSED AND ADOPTED this 20th day of May, 2025 by the following roll call vote'. AYES- Councilmembers- Bybee, Hines, Scozzola, Furtado, Lopez NOES: Councilmembers: None ABSENT: Councilmembers- None ,R7D z. M Sergio-L Dpez, Mayor ATTEST: Andrea Szoers, City Clerk AMENDMENT TO CONTRACT SERVICES AGREEMENT AMENDMENT #1 CITY OF CAMPBELL 70 NORTH FIRST STREET CAMPBELL, CA 95008 (408) 866-2140 This Amendment to Contract Services Agreement (hereinafter "Amendment") amends the Consultant Services Agreement (hereinafter "Agreement") to provide Professional Auditing Services for the City of Campbell originally entered into on the 21s' day of April, 2020, by and between the City of Campbell (a Municipal Corporation, hereinafter referred to as "City") and Eide Bailly LLP (a California Corporation). As provided for under the terms of this Amendment, the City and Consultant agree to amend the following provisions of the Agreement as follows: • Compensation. The compensation under Section 3.1 has a maximum contract obligation amount of $288,825. Included as Exhibit 2 is Amendment 41 to the original Consultant Services Agreement; in which the maximum contract obligation amount shall be repealed and replaced with a maximum contract obligation of $358,825. • Term. Section 10.10 states that this contract shall terminate following the completion of the audit period for fiscal year ending June 30, 2024. Included as Exhibit 1 is the Consultant Services Agreement; in which the term of the contract shall be repealed and replaced with termination following the completion of the audit period for fiscal year ending June 30, 2025. All other terms and conditions as set forth in the Agreement shall remain in effect. Signature Warranty: The undersigned are authorized to represent and enter into this Amendment on behalf of the Consultant. This Amendment to the Consultant Services Agreement shall become effective upon its execution by the City, in witness whereof, the parties have executed this Amendment the day and year first written above. CONTRACTOR : Name: Ahmad Gharaibeh Title: Partner Date: Attachments: Exhibit 2 — Amendment # 1 Exhibit 3 — Original Consultant Service Agreement CITY OF CAMPBELL as Name: Brian Loventhal Title: City Manager Date: CITY OF CAMPBELL CONSULTANT SERVICES AGREEMENT FOR PROFESSIONAL AUDIT SERVICES This Agreement is entered into at Campbell, California on the 30"' day of September, 2020, by and between the CITY OF CAMPBELL (hereinafter referred to as "City") and Eide Bailly LLP (hereinafter referred to as "Consultant"), WHEREAS, City has reviewed proposals for Financial Audit Services for the fiscal years ending June 30, 2020 through June 30, 2024, and; WHEREAS, City staff has reviewed the qualifications and experience of the firms submitting proposals and has determined that the audit firm of Eide Bailly LLP best meets the requirements of the City's RFP dated November 6, 2019, and; WHEREAS, Eide Bailly LLP submitted its last, best, and final offer in the following amounts: not to exceed $55,000 for FY 19/20, $56,6 10 for FY 20/21, $57,742 for FY 21/22, $58,898 for FY 22/23 and $60,075 for FY 23/24, for a total five year contract not to exceed $288,825, and; WHEREAS, Consultant represents that it has the expertise, means, and ability to perform said financial audit services; and WHEREAS, the Consultant's Technical Proposal and Cost Proposal, shown as Exhibit B and Exhibit C respectively, are incorporated by reference into this Agreement. NOW, THEREFORE, in consideration of each other's mutual promises, Consultant and City agree as follows: DUTIES OF CONSULTANT L1 Consultant agrees to perform services as set forth in Exhibit A - Scope of Services, attached hereto and incorporated herein by reference, and which shall be interpreted together and in harmony with this Agreement. In the event of any conflict between Exhibit A and this Agreement, this Agreement shalt govern, control, and take precedence. 1.2 Consultant's project manager will meet with the City's project coordinator prior to commencement of the project to establish a clear understanding of the working relationships, authorities, and management philosophy of City as it relates to thisAgreement. 1.3 Consultant, working with the City, will gather available existing information concerning the project, and shall review documents as necessary for compliance with the project's objectives. 1.4 In performance of this Agreement by Consultant, time will be of the essence. 1.5 Notwithstanding Section 1.4, Consultant shall not be responsible for delay caused by activities or factors beyond Consultant's reasonable control, including delays or by reason of strikes, work slow -downs or stoppages, or acts of God. 1.6 Consultant agrees to perform this Agreement in accordance with the highest degree of skill and expertise exercised by members of Consultant's profession working on similar projects under similar circumstances. 1.7 Consultant shall cooperate in good faith with City in all aspects of the performance of this Agreement. 1.8 In the course of the performance of this Agreement, Consultant shall act in the City's best interest as it relates to the project. 1.9 The designated project manager for Consultant shall be Joe Escobar, Audit Manager. The Consultant's project manager shall have all the necessary authority to direct technical and professional work within the scope of the Agreement and shall serve as the principal point of contact with the City and the City's project coordinator. The authorized principal of Consultant executing this Agreement for the Consultant shall have authority to make decisions regarding changes in services, termination and other matters related to the performance of this agreement on behalf of Consultant. 1.10 The Consultant (and its employees, agents, representatives, and subconsultants), in the performance of this Agreement, shall act in an independent capacity and not as officers or employees or agents of the City. The City shall not direct the work and means for accomplishment of the services and work to be performed hereunder. The City, however, retains the right to require that work performed by Consultant meet specific standards consistent with the requirements of this Agreement without regard to the manner and means of accomplishment thereof. Subcontractors shall assume all of the rights, obligations and liabilities, applicable to it as an independent contractor hereunder. Consultant represents and warrants that it (i) is fully experienced and properly qualified to perform the class of work and services provided for herein, (ii) has the financial capability and shall finance its own operations required for the performance of the work and services and (iii) is properly equipped and organized to perform the work and services in a competent, timely and proper manner in accordance with the requirements of this Agreement. 1.11 This Agreement contains provisions that permit mutually acceptable changes in the scope, character or complexity of the work if such changes become desirable or necessary as the work progresses. Adjustments to the basis of payment and to the time for performance of the work, if any, shall be established by a written contract amendment (approved and executed by the City) to accommodate the changes in work. P 2. DUTIES OF CITY 2.1 City shall furnish to Consultant all available and pertinent data and information requested by Consultant to facilitate the preparation of the documents called for in this Agreement. Consultant shall be entitled to reasonably relyon all such information. 2.2 City shall provide contract administration services. City shall notify Consultant of required administrative procedures and shall name representatives, if any, authorized to act in its behalf. 2.3 City shall review documents submitted by Consultant and shall render decisions pertaining thereto as promptly as reasonably possible. 3. COMPENSATION 3.1 For the full performance of the services described herein by Consultant, City agrees to compensate Consultant for all services and direct costs associated with the perfon-nance of the project in an amount not to exceed $288,825, as follows: a. Once each month, Consultant shall submit for payment by City, an itemized invoice for services performed. The invoice shall describe the services rendered and the title of the item of work, and shall list labor hours by personnel classification. Said invoice shall be based on all labor and direct expense charges made for work performed on the project. Labor charges shall be in accordance with the fee schedule found in Exhibit A of this Agreement. City shall pay Consultant for services rendered and approved by the City within 30 days from the date the itemized invoice is received by the City, subject to the maximum not to exceed amount specified above and the City's right to object. b. Direct costs are those outside costs incurred on or directly for the project, and substantiated with invoices for the charges. Direct expenses include printing, reproduction, and delivery charges. 3.2 If Consultant incurs other costs which are not specifically covered by the terms of this Agreement, but which are necessary for performance of Consultant's duties, City may approve payment for said costs if authorized in writing by the City in advance, 3.3 City may order changes in the scope or character of services in writing, including decreasing the amount of Consultant's services. In the event that the work is decreased, Consultant is entitled to full compensation for all services performed and expenses incurred prior to receipt of notice of change. Under no conditions shall Consultant make any changes to the work, either as additions or deductions, without the prior written order of the City, In the event, that the City determines that a change to the work or services from that specified in this Agreement is required, the contract time and/or actual costs reimbursable by the City for the project may be adjusted by contract amendment or change order to accommodate the changed work. The maximum not to exceed total amount specified in this Article 3 (Compensation) shall not be exceeded, unless authorized by written contract amendment or change order, approved and 3 executed by the City. Consultant shall obtain prior written approval for a revised fee schedule from the City before exceeding such fee schedule. 3.4 In no event, will the Consultant be reimbursed for any costs or expenses at any rates that exceed the rates for set forth in the fee schedule found in ExhibitA. 4. SUBCONSULTANTS 4.1 Consultant may not subcontract any services required under this Agreement without the prior written consent of the City. 4.2 Consultant shall be responsible to City for the performance of any and all subconsultants who perform work under this contract, and any acts of negligence or misconduct on their part. Consultant is solely responsible for all payments due to subconsultants. OWNERSHIP OF DOCUMENTS AND MATERIALS All original documents, papers, data, materials, and other work products prepared by the Consultant and/or its subconsultants in the performance of the services encompassed in this Agreement (whether in printed or electronic format) shall be the property of the City and may be used on this project without the consent of the Consultant or its subcontractors. City acknowledges that such documents and other items are instruments of professional services intended for use only on the subject project. Consultant agrees that all copyrights which arise from creation of the Project -related documents and materials pursuant to this Agreement shall be vested in the City and waives and relinquishes all claims to copyright or other intellectual property rights in favor of the City. Upon the completion or termination of this Agreement for any reason, the City shall be entitled to receive, and Consultant shall promptly provide to the City upon request, all finished and unfinished project -related documents and materials, produced or gathered by or on behalf of Consultant that are in Consultant's possession, custody or control. Consultant may retain copies of said documents and materials for its files. In the event of termination, any dispute regarding compensation or damages shall not hinder, prevent, or otherwise impact the City's right to promptly receive and use such documents and materials which are the sole and exclusive property of the City. 6. TERMINATION Notwithstanding any other provision of this Agreement, City may terminate this Agreement at any time, with or without cause, in its sole discretion, by giving notice in writing to Consultant of such termination. In the event of such termination, Consultant shall have the right and obligation to immediately assemble the work then in progress for the purpose of completing the work and turning over all materials and documents to City. In the event of such termination, Consultant shall be compensated for all work and services performed to the point of termination in accordance with the payment provisions set forth in Section 3. 1, unless the termination is for cause, in which event Consultant need be compensated only to the extent required by law. 7. AUDIT AND INSPECTION Consultant shall maintain such financial records and other records as may be prescribed by the City or by applicable federal and state laws, rules, and regulations. The selected Consultant shall retain these records for a period of seven (7) years after final payment, or until they are audited by the City, whichever event occurs first. These records shall be made available during the term of the contract or service agreement and the subsequent seven-year period for examination, transcription, and audit by the City or its designees. EEQ►UAL EMPLOYMENT OPPORTUNITY Consultant agrees to refrain from discriminatory employment practices on the basis of race, religious creed, color, sex, national origin, handicap, sexual orientation, or ancestry of any employee of, or applicant for employment with, such Consultant or subcontractor. 9. INSURANCE AND INDEMNIFICATION 9.1 With respect to any design professional services provided by Consultant, the Consultant agrees to indemnify, and hold harmless the CITY, its officers, and employees to the fullest extent allowed by law from any and all claims, actions, causes of action, damages, liabilities and losses, that arise out of, pertain to, or relate to the negligence, recklessness, or willful misconduct of the Consultant, except for any claims, actions, causes of action, losses, damages or liabilities proximately caused by the sole negligence or willful misconduct of CITY. CITY shall not be liable for acts of Consultant in performing services described herein. Notwithstanding anything in this paragraph to the contrary, any defense costs charged to the design professional under this paragraph shall not exceed the design professional's proportionate percentage of fault, except that in the event one or more defendants is unable to pay its share of defense costs due to bankruptcy or dissolution of the business, the design professional shall meet and confer with the other parties regarding unpaid defense costs in good faith effort to agree on the allocation of those costs amongst the parties. With respect to all matters other than those covered by the foregoing paragraph, Consultant agrees to indemnify, defend (with counsel reasonably satisfactory to the CITY) and hold harmless the CITY, its officers, officials, directors, agents representatives, volunteers, and employees to the fullest extent allowed by law from any and all claims, actions, causes of action, losses, damages, liabilities and costs of every nature, including but not limited to all claims, actions, causes of action, losses, damages, liabilities for property damage, bodily injury, or death, and all costs of defending any claim, caused by or arising out of, or alleged to have been caused by or arise out of, in whole or in part, Consultant's performance under this Agreement, except for any claims, actions, causes of action, losses, damages, costs or liabilities proximately caused by the sole negligence or willful misconduct of CITY. CITY shall not be liable for acts of Consultant in performing services described herein. In no event shall this section be construed to require indemnification by the Consultant to a greater extent than permitted under the public policy of the State of California; and in the event that this contract is subject to California Civil Code section 2782(b), the foregoing indemnity provisions shall not apply to any liability for the active negligence of the City, The defense and indemnity provisions obligations of this Agreement are undertaken in addition to, and shall not in any way be limited by the insurance obligations contained in this Agreement. The foregoing indemnity provisions are intended to fully allocate the parties' risk of liability to third -parties; and there shall be no rights to indemnity or contribution, in law or equity or otherwise between the parties that are not set forth in this section. Consultant waives all rights to subrogation for any matters covered by the provisions of this section. Consultant's responsibility for Such defense and indemnity obligations as set forth in this section shall survive the termination or completion of this Agreement for the full period of time allowed by law. 9.2 Consultant shall maintain insurance conforming to the following specifications to the fullest amount allowed by law for a minimum of two years following the termination or completion of this Agreement: A. Types of Coverage The policies shall afford the following types of coverage: 1. Commercial General Liability-, 2. Automotive; 3. Workers' Compensation and Employer Liability; and 4. Professional Liability and/or Errors and Omissions B. Minimum Scope of Insurance Coverage shall be at least as broad as: For Commercial General Liability: Insurance Services Office (ISO) CGL Form 00 01 11 8 5; and 2. For Automotive Liability: ISO CA 00 01 06 92 including symbol l(any auto); and 3. For Workers' Compensation: insurance as required by the Labor Code of the State of California and Employer's Liability insurance, and 4. For Professional Liability and/or Errors and Omissions: insurance covering negligence committed by or on behalf of Consultant in rendering services to City. L1 C. Minimum Limits of Insurance Consultant shall maintain limits no less than: 1. General Liability: $1,000,000 combined single limit per occurrence for bodily, personal injury and property damage. If Commercial General Liability Insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to this project/location or the general aggregate limit shall be twice the required occurrence limit. 2. Automobile Liability: $1,000,000 combined single limit per accident for bodily injury and property damage. 3. Workers' Compensation and Employer's Liability: Workers' Compensation limits as required by the Labor Code of the State of California and Employer's Liability limits of $ 1,000,000 per accident. 4. Professional Liability and/or Errors and Omissions: $1,000,000 per claim and $2,000,000 in the annual aggregate. The limits of insurance required in this Agreement may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverage shall also apply on a primary and non-contributory basis for the benefit of City (as agreed to in this Agreement) before the City's own insurance or self-insurance shall be called upon to protect it as a named insured, D. D►eductihle and Self -insured Retention Any deductibles or self -insured retention must be declared to and approved by the City, and shall not reduce the limits of liability. At the option of the City, either- the insurer shall reduce or eliminate such deductibles or self -insured retention as respects the City, its agents, officers, attorneys, employees, officials and volunteers; or the Consultant shall procure a bond guaranteeing payment of losses related to investigations, claim administration, and defense expenses. Policies containing any self -insured retention provision shall provide or be endorsed to provide that the self -insured retention may be satisfied by either the named insured or the City. E. Other Insurance Provisions The policies are to contain, or be endorsed to contain, the following provisions: I . General Liability and Automobile LiabilityCoverage: a. The City, its agents, officers, attorneys, employees, officials and volunteers are to be covered as additional insureds as respects: liability arising out of this Agreement performed by or on behalf of the Consultant, products and completed operations of the Consultant, premises owned, occupied or used by the Consultant, or automobiles owned, leased, hired or borrowed by the Consultant. It is a requirement of this Agreement that any available insurance proceeds broader than or in excess of the specified minimum insurance coverage requirements and/or limits set forth in this Agreement shall be available to the City as an additional insured. Furthermore, the requirements for coverage and limits shall be (1) the minimum coverage limits specified in this Agreement, or (2) the broader coverage and maximum limits of coverage of any insurance policy or proceeds available to the named insured, whichever is affords greater coverage. b, The Consultant's insurance coverage shall be primary insurance as respects the City, its agents, officers, attorneys, employees, officials and volunteers. Any insurance or self-insurance maintained by the City, its agents, officers, attorneys, employees, officials and volunteers shall be excess of the Consultant's insurance and shall not contribute with it. C. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the City, its agents, officers, attorneys, employees, officials, and volunteers. d. The Consultant's insurance shall apply separately to each insured against whom claim is made or suit is brought except with respect to the limits of the insurer's liability. 2. Workers' Compensation and Employer's Liability Coverage: The insurer shall agree to waive all rights of subrogation against the City, its agents, officers, attorneys, employees, officials, and volunteers for losses arising from work performed by the Consultant for the City. 3. All Coverages: Any unintentional failure to comply with reporting provisions of the policies shall not affect coverage provided to the City-, and unless otherwise approved by the City, each insurance policy required by this clause shall be endorsed to state that coverage shall not be canceled by either party, except after thirty (30) days prior written notice by regular mail has been given to the City, or ten (10) days for cancellation for non- payment of premium. F. Suspension or Cancellation If any of the coverages required by this Agreement should be suspended, voided, cancelled or reduced in coverage during the term of this Agreement, Consultant shall immediately notify City and replace such coverage with another policy meeting the requirements of this Agreement. 1:1 G, Subcontractors Consultant agrees that any and all contracts with subcontractors for performance of any matter under this Agreement shall require the subcontractors to comply with the same indemnity and insurance requirements set forth in this Agreement to the extent that they apply to the scope of the subcontractors' work. Subcontractors are to be bound to contractor and to City in the same manner and to the same extent as the Consultant is bound to City under this Agreement. Subcontractors shall further agree to include these same provisions with any sub -subcontractor. A copy of this Agreement will be furnished to the subcontractor on request. The Consultant shall require all subcontractors to provide a valid certificate of insurance and the required endorsements included in the Agreement prior to commencing any work, and will provide proof of compliance to the City. H. Acceptability of Insurers Without limiting Consultant's indemnification provided hereunder, the policies of insurance listed in Article 9.2 of this Agreement are to be issued by an issuer with a current A.M. Best Rating of A:V and who is authorized to transact business in the State of California, unless otherwise approved by the City. 1. Verification of Coverage Consultant shall furnish the City with endorsements and certificates of insurance evidencing coverage required by this clause. The certificates for each insurance policy are to be signed by a person authorized by that insurer to bind coverage on its behalf. The certificates are to be on forms acceptable to the City. Where required by statue, forms approved by the Insurance Commissioner are to be submitted. All certificates are to be received and approved by the City before work commences. 10. MISCELLANEOUS 10.1 This Agreement shall be binding on the heirs, executors, assigns and successors of Consultant. 10.2 Neither party may assign this Agreement, or any portion hereof, without the prior written consent of the other. 10.3 This Agreement shall not be construed to alter, affect, or waive any lien or stop notice rights, which Consultant may have for the performance of services pursuant to this Agreement. 10.4 Neither parry's waiver of any term, condition or covenant, or breach of any term, condition or covenant shall be construed as the waiver of any other term, condition or covenant or waiver of the breach of any other term, condition orcovenant. 10.5 This Agreement contains the entire Agreement between City and Consultant relating to the project and the provision of services to the project. Any prior agreements, promises, negotiations, or representations not expressly set forth in this Agreement are of no force or effect. Subsequent modifications to this Agreement shall be in writing and signed by both City and Consultant. 10.6 If any term, condition or covenant of this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions of this Agreement shall be valid and binding on City and Consultant. 10.7 This Agreement shall be governed and construed in accordance with the laws of the State of California. 10.8 This Agreement may be executed in Counterparts and will be binding as executed. 10.9 All changes or amendments to this Agreement must be in writing and approved by all parties. 10.10 The term of this Agreement shall commence upon execution of the Agreement and terminate following the completion of the audit period for fiscal year ending June 30, 2022. Unless either party gives written notice to the other party prior to March 1, 2023, the term of the Agreement shall be automatically extended for an additional two years to include the audits of fiscal year ending June 30, 2023 and 2024 at the not to exceed amounts specified in section 3 of this agreement. Either party may elect earlier termination by giving written notice at least one hundred eighty (180) days prior to the end of any fiscal year (on or before January I" annually). If either party does not exercise such right to early termination, then this Agreement shall automatically continue pursuant to the stated term and the other provisions contained herein. 10.11 Consultant owes the City a duty of undivided loyalty in performing the work and services under this Agreement, including, but not limited to, the obligation to refrain from having economic interests and/or participating in activities that conflict with the City's interests in respect to the work and/or services and project. The Consultant shall list current clients who may have a financial interest in the outcome of this Agreement. The Consultant hereby certifies that it does not now have, nor shall it acquire any financial or business interest that would conflict with the performance of services Linder this agreement. Consultant shall not make or participate in making or in any way attempt to use Consultant's position to influence a governmental decision in which Consultant knows or has reason to know Consultant has a direct or indirect financial interest other than the compensation promised by this Agreement. Consultant will immediately advise the City if Consultant learns of a financial interest of Consultant's during the term of this Agreement. 10.12 This Agreement is entered into, and to be performed in Santa Clara County, California, and any action arising out of or related to this Agreement shall be maintained in a court of appropriate jurisdiction in Santa Clara County, California. 10 11. NOTICES Notices required Linder this Agreement may be delivered by first class mail addressed to the appropriate party at one of the following addresses, CITY: Will Fuentes Finance Director City of Campbell 70 North First Street Campbell, CA 95008 CONSULTANT: Ahmad Gharaibeh, CPA Partner Eide Bailly LLP 1900 S. Norfolk St., Suite 225 San Mateo, CA 94403 Having read and understood the foregoing Agreement, the undersigned parties agree to be bound hereby: CONSULTANT By lie A klluz) ea: d A s-c� / pe o Title CITY OF CAMPBELL By Title. CIL Exhibit A - Scope of Services and Fees 11 EXHIBIT A SCOPE OF SERVICES AND FEES The City of Campbell desires a Comprehensive Annual Financial Report (CAFR) to be prepared by the Consultant and be fully compliant with Generally Accepted Accounting Principles for the fiscal year ended June 30, 2020 and each of the subsequent years of the Consultant's contract with the City. The City plans to submit the CAFR to the Government Finance Officers Association (GFOA) for review in their Certificate of Achievement for Excellence in Financial Reporting program. The Consultant will perform the following tasks. 1. The Consultant will perform an audit of all funds of the City of Campbell. The audit will be conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller of the United States. The City's Comprehensive Annual Financial Report (CAFR) will be prepared and word processed by the Consultant and assembled digitally in Adobe Acrobat format (PDF). The CAFR will comply with the latest required GASB Statements applicable for the year Linder audit. The Consultant will render their auditors' report on the basic financial statements which will include both Government - Wide Financial Statements and Fund Financial Statements. The Consultant will also apply limited audit procedures to Management's Discussion and Analysis (MD&A) and required supplementary information pertaining to the General Fund and each major fund of the City. 2. The Consultant may perform a single audit on the expenditures of federal grants in accordance with Uniform Guidance as well as any other applicable federal, state, local or programmatic audit requirements and render the appropriate audit reports on Internal Control over Financial Reporting based upon the audit of the City's financial statements in accordance with Government Auditing Standards and the appropriate reports on compliance with Requirements Applicable to each Major Program, Internal Control over Compliance and on the Schedule of Expenditures of Federal Awards in Accordance with Uniform Guidance as well as any other applicable federal, state, local or programmatic audit requirements. The single audit report will include the appropriate schedule of expenditures of federal awards, footnotes, findings and questioned costs, including reportable conditions and material weaknesses, and follow up on prior audit findings where required. If the City does not meet the minimum requirements to necessitate a single audit, the fees shall be adjusted accordingly. The City did not exceed the $750,000 expenditure threshold in fiscal year 2018-19. 3. The Consultant shall perform agreed -upon auditing procedures pertaining to the City's Gann Limit (Appropriations Limit) and render a letter annually to the City regarding compliance. 4. The Consultant shall issue letters required by the Statement on Auditing Standards 114 and 115 and any future required standards that includes identification of the most sensitive disclosures affecting the financial statements and recommendations for improvements in internal 12 control, accounting procedures and other significant observations that are considered to be non - reportable conditions. Management letters shall be addressed to the City Council. 5. The Consultant will issue an examination report on management's assertion regarding compliance with Measure 0 each fiscal year. The Consultant will be provided with a "Schedule of Measure 0 Revenues and Expenditures for the Fiscal Year" ("Schedule"). The Consultant shall: 1) obtain supporting documentation for all amounts listed on the Schedule; 2) verify that the amounts and descriptions agree to the underlying accounting records and supporting documentation; 3) provide a written report on or before December 5th; and 4) provide an oral report to the Measure 0 Advisory Oversight Committee in January. 6. The Consultant shall perform an audit of and prepare basic financial statements and a management letter for the West Valley Solid Waste Management Authority, a California Joint Powers Authority. The Authority includes the Cities of Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos. The City maintains the financial records and provides accounting services for the Authority. The Authority's financial activities are reported in a single enterprise fund. 7. Periodically, the City receives Transportation Development Act (TDA) funds (Article 3 Bikeway Program) from the Metropolitan Transportation Commission for bicycle and pedestrian improvements. Whenever such funds are received (or expended by the City) an audit is required. The City did not incur any expenditures during the past fiscal year. However, if funding is received during the contract period, an audit of the TDA activity will be required including an opinion of fair presentation in conformity with GAAP and compliance with applicable program guidelines, 8. The Consultant shall provide, compile, and file the Annual Financial Transactions Report (FTR) to the State Controller of California, from data provided by City staff. At any time, based on capacity, City staff may wish to perform this function internally and will remove this function from the engagement at that time upon sufficient notice to the Consultant. 9. The Consultant shall provide, compile, and file the Annual Street Report to the State Controller of California, from data provided by City staff. At any time, based on capacity, City staff may wish to perform this function internally and will remove this function from the engagement at that time upon sufficient notice to the Consultant. 10. Assistance with GASB 68 accounting entries as needed to record the City's net pension liability and related deferred inflows and outflows. At any time, based on capacity, City staff may wish to perform this function entirely and internally and will remove this function from the engagement at that time upon sufficient notice to the Consultant. 13 Fees to the Consultant for fiscal years ending June 30, 2020 through June 30, 2024 for the required services shall not exceed $288,825. Fees for services performed shall be paid as follows: Service FY2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 City Audit and Related Reports 40,000 40,800 $ 41,616 $ 42,448 43,297 Single Audit and Related Reports 3,000 3,060 3,121 3,184 3,247 Gann Limit Review Report 500 510 520 531 S41 West Valley Solid Waste Management Authority 3,000 3,060 3,121 3,184 3,247 TDA Article 3 Audit 2,000 2,040 2,081 2,122 2,165 Measure 0 Examination Report - - - - Total for Fiscal Year (not -to -exceed) Without Optionol Items 48,500 $ 49,470 $ 50,459 $ 51,469 $ 52,497 Optional Items Financial Transaction Report (FTR) 4,000 4,080 4,162 4,245 4,330 Annual Street Report 3,000 3,060 3,121 3,184 3,247 Assistance with GASB 68 Entries - - - Total for Fiscal Year (not -to -exceed) With Optional Items 1 $ 55,500 56,610, $ 57,742 i $ 58,89$ $ 60,07 Fees to the Consultant for any additional work agreed to by Mutual consent between the Consultant the City shall be billed at following hourly rates for FY 19/20 through FY 23/24: Positions -FY 19/20 FY 20/21 FY 21/22 FY 22/23 FY 23/24 Partner $220 $224 $229 $233 $238 Manager 160 163 166 170 173 Supervisor 120 122 125 127 130 Senior Auditor 90 92 94 96 97 Staff Auditor 80 82 83 85 87 Administrator 60 61 62 64 65 14 r January 6, 2020 Technical Proposal for Professional Auditing Services CITY OF CAMPBELL Submitted By: Eide Bailly LLP Ahmad Gharaibeh, CPA Partner 260 Sheridan Ave, Suite 440 Palo Alto, CA 94306 � � x t �; CITY OF CAMPBELL TABLE OF CONTENTS 1. Transmital Letter....................................................................... 2 2. About Eide Bailly..................................................................... 5 3. License to Practice in California ............................................ b 4. Indedendence........................................................................... 6 5. Firm Qualifications and Experience ...................................... 8 Government Experience........................................................ 8 Industry Involvement .............. Eide Bailly's Current Municipal Clients ................................ 10 6. Partner, Supervisory and Staff Qualifications andExperience....................................................................... 13 Senior Associate and Staff Members 7. Audit Approach .................. ....... 18 Audit Methodology................................................................ 18 P ; AuditProcess........................................................................... 19 AuditSchedule........................................................................ 29 F 8. Similar Engagements with Other Government Entities ...... 30 Why Choose Eide Bailly.............................................................. 31 AppendixA — Team Profiles...................................................... 32 Additional Resources....................................................................40 11 eidebailly.com CITY OF CAMPBELL Thank you for giving Eide8aiUyLLPthe opportunity topropose onaudit services for the City ofCampbell (the ^Cby^).We've served the government industry for more than 5Uyears and work with more than 9U0 government clients throughout the nation. Through serving these clients, our professionals have gained focused expertise regarding government organizations and will provide you with insightful advice that aids in managing the finances of the City. We understand your specific challenges, needs and goals and have fine-tuned our process tocreate a more effective and efficient engagement, VVestay abreast ofcurrent issues impacting government organizations and grow our knowledge by attending workshops and trainin0s. During your engagement, wewill work closely with your management team toidentify issues and provide responsive solutions that are tailored to your organization. In addition, you will experience partner involvement during all phases of the engagement, as well as throughout the year. At Eide Bailly, we make it a priority to be accessible to our clients, which includes returning phone calls and e-maibinatimely manner. Government Experience The service team assigned has experience providing audit services to several other similar clients in the government industry. This experience will bring the City a different and unique perspective to your audit not seen by other firms. Not only will we provide the expected compliance and financial statement support but, with our experience with other governments, we can bring best practices to the City. We strongly believe in providing our clients value added services and support, not only during the audit, but throughout the year. The following pages highlight ourfirm'y strengths and demonstrate why Eide 8ai||y merits serious consideration. Know that you will be a highly valued client. Our people would be proud to work with the City of Campbell and build a trusting relationship with your team. Please contact me at 650.462.0400 or ogharaibeh@eidebaiUyzom' if you would like to discuss any aspect of this proposal. Other Services Eide Bailly is seeing an explosion of interest in the areas of Cybersecurity, Internal Audit and Forensic Accounting in state and local governments nationally. We have professionals with deep IT backgrounds specializing in a broad range ofsecurity services allowing us to tailor solutions to your needs. Our internal audit professionals bring strong process' prucedure, internal control and risk management experience toyour organization. We have seasoned professionals with years cfrelevant investigative experience. 21eideba|Uy.com CITY OF[AMP8BL Affirmations This proposal to provide auditing services is firm and irrevocable for 188 days. We affirm our understanding of the services requested by the City, the work to be done, the time period of performance, and that the City desires anaudit firm that provides consistency with staff. Eide8uiUy's philosophy bto staff each of our audits with consistent staff in orderto provide the most effective and efficient audit for our clients. As required by the Request for Proposal our audit plan covers the engagements for: ~ City of Campbell Comprehensive Annual Financial n,pu,, ^ Single Audit Report vnFederal Awards ° GAwNLimit Audit ~ The Transportation Deyelopment Act per the Metropolitan Transportation Commission requirements ^ West Volley Solid Waste Management Authority Basic Financial Statements " State Controller City Financial Transactions Report (ontiv"oV ~ Annual Street Report mthe State Controller vfCalifornia <opnonoV • Preparation of the city's GASB 68 accounting entries (optional) Sincerely, AhmadGharaibeh, CPA Partner 260 Sheridan Ave, Suite 440 Palo Alto, [A 94306 650.462-0400 aghamibeh@eideboiUyzom CITY OF CAMPBELL 4 1 eidebailly.com CITY OF CAMPBELL WHAT INSPIRES YOU, INSPIRES US. AT A GLANCE With more than 100 years of service, your experience will be different than working with other CPA firms. Our professionals deliver industry and subject matter expertise resourcefully, ensuring that we're providing guidance that directly reflects your needs. Eide Bailly is a Top 25 CPA firm in the nation with offices in 15 states. Our clients lop 25 CPA firm in the nalion benefit from local, personal service and, at the same time, enjoy access to 2,500 professionals with diverse skill sets and experiences. We pride ourselves on being leaders in the industries we serve, offering valuable 0 perspectives beyond our core strength of accounting and tax compliance. We're offices in 15 slales here to help guide the strategy and operations of your organization, and we aim to make sure our clients feel connected and understand the process. Our people are optimistic and good -natured —we know you'll enjoy working with us as much as we enjoy working with each other. Our service style is hands-on, and we're always looking for new ways to solve your problems or help you 330 pariners embrace opportunities. Our Promise to Clients Our work with clients is more than an engagement. It's a relationship, built on value and trust —and results. When working with Eide Bailly, you will 2,500+ slaff • Work with professionals who truly care about your business and will take the time to get to know you and your organization. • Gain insight from our industry and service specialists to accomplish your objectives, address challenges and leverage new opportunities. one Eide Boilly • Make better business decisions knowing you are guided by trusted advisors who care about your success. 5 1 eidebailly.com CITY UF[4MPD8iL Licensed to Practice in California Eide Bailly and each of the professional staff assigned to the City are properly registered and licensed to practice inCalifornia. Firm Registrations California Secretary ofState Registration Number— 2Ul997O98OO] California State Board ofAccountancy Permit Number— 6973 Independence Eide Bailly is independent of the City as defined by the generally accepted auditing standards and The U.S. General Accounting Off ice's Government Auditing Standards. Within the past five years, the firm has not had any relationships involving the city. Should Eide Bailly enter into any professional relationships deemed relevant during the course of this engagement, we will notify you in writing of such relationship. Peer Review Eide 8aiUy is a member of the American Institute of Certified Public Accountants Private Companies Practice Section (PCPSJ, Center for Public Company Audit Firms (CPCAF) and Governmental Audit Quality Center. Our membership with the AICPA requires a third -party peer review of our audit and accounting practice every three years and is included on page seven. This review included several similar clients and received a rating of'Pass' We are also currently registered with the Public Company Accounting Oversight Board (PCAOB), for which the portion of our practice related to PCAOB/5EC engagements is subject to an inspection of the PCAOB at least once every three years. A copy of our most recent PCAOB inspection report can be found on the PCA08websiteat 61 eidebai|ly.mm CITY OF CAMPBELL , 1 Cherry Bekaert-" Report on the Firm's System of Quality Control December 28, 2017 To the Partners of Ede Bailly LLP and the National Peer Review Committee We have reviewed the system of quality control for the accounting and auditing practice of Elde Bailly LLP (the firm) applicable to engagements not subject to PCAOB permanent inspection in effect for the year ended July 31, 2017. our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants (Standards). A summary of the nature, objectives, scope, limitations of and the procedures performed in a System Review as described in the Standards may be found at www.aicpa,org/prsummary. The summary also includes an explanation of how engagements identified as not performed or reported in conformity with applicable professional standards, if any, are evaluated by a peer reviewer to determine a peer review rating. Firm's Responsibility The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. The firm is also responsible for evaluating actions to promptly remediate engagements deemed as not perfomied or reported in conformity with professional standards, when appropriate, and for remediating weaknesses in its system of quality control, if any. Peer Reviewer's Responsibility Our responsibility is to express an opinion on the design of the system of quality control and the finn's compliance lhefesvil based on our review. Required Selections and Considerations Engagements selected for review Included engagements performed under Government Auditing Standards, including compliance audits under the Single Audit Act: audits of employee benefit plans, audits performed under FOICIA, and examinations of service organizations [SOC 1 and SOC 2 engagements], As a part of our peer review, we considered reviews by regulatory entities as communicated by the firm, if applicable, in determining the nature and extent of our procedures, Opinion In our opinion, the system of quality control for the accounting and auditing practice of Ede Bailly LLP applicable to engagements not subject to PCAOB permanent inspection In effect for the year ended July 31, 2017, has been suitably designed and compiled with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with dericiency(ibs) or fail. Eide Bailly LLP has received a peer review rating of pass. (-114fv/ � 1 ,4-.A LLVP Cherry Bekaert LLP 7 1 eidebailly.com CITY OF[kMP8ELL Government Experience The firm has Z7Sfull-time professionals who participate in our Governmental Services Group. These professionals share information, learn from others and stay up'Lo'datenn industry developments. To gain the greatest benefit, the knowledge isshared with professionals across the firm. The governmental industry represents one ufBde8aUly's largest niche areas —with more than SOU governmental dientsOnnwide. We provide audit services for avariety of cities, counties' colleges and univeoibes. fire relief agencies, housing authorities, school districts, state agencies, and tribal entities. Through serving these clients, our professionals have gained focused expertise in the governmental industry and will provide you with insightful advice that aids inmanaging the finances ofthe City. These services include, but are not limited to, evaluating internal control structure, assessing control risk and performing tests of controls, as well as testing compliance with applicable laws and regulations in accordance with Government Auditing Standards. Industry Involvement In an industry where standards continually evolve and change, Eide BailIV makes it a priority to stay current and assist our clients with necessary changes. In addition to helping clients implement new standards, we also help them adapt to changes within the existing standards. Our team members are truly engaged in thegovernmental industry and arewell positioned in organizations associated with governmental entities. We are leaden in the Governmental Accounting Standards Advisory [uund| (GASA[}' the A/[PAs Governmental Audit Quality Center, AICPA State and Local Government Expert Panel and PCPS Technical Committee, local and national boards of the AGA, including the Financial Management Standards Board, and the review committee forthe GFOA's Certificate of Excellence for Achievement in Financial Reporting. Due to our leadership positions, the City will have access to information not available from other accounting firms. �q CITY UFLkMP&EiL Eide Bailly also regularly attends GASB meetings throughout the year and we communicate the results of those meetings to our clients through our newsletters, e-blasts andwebinao. We are also involved with G438's financial reporting reexamination task force shaping the future of state and local governmental accounting and reporting and participate in the reexamination of the revenue and expense model and note disclosure projects with GASB. Vmvr/nekTrine, Day, &Co,ILLP We are pleased toannounce that Vavhnek,Trine, Day& Co. LLP (VFD) is now Eide 8aiUy. With ll offices throughout California, as part ofEide BaiUy, our geographic reach extends to 15 states west of the Mississippi and our staff count grows &zapproximately I'5O0. EideBaffly A significant percentage of VTD's current practice is devoted to the governmental sector. VTO provides governmental auditing and specialized VTD IS NOW accounting services toover 3OOgovernmental agendex the � (iDE BAI[[Y AE� to these p,o/eoiona|*, as well asthe entire Eide 8ai||y5ove,"meoto| Services Group. VTD's key industries include, but are not limited to, large municipal and regional governments, financial institutions, higher education, manufacturing, retail enterprises, and nonprofit corporations. Single Audit Experience Eide Bailly has experience providing single audits related to federal expenditures which ensure our clients remain compliant. Our single audits include an audit of both the financial statements and the federal awards. vVealso assist inthe preparation ufthe data collection form and prepare the reporting package for submission tothe federal audit clearinghouse. As mentioned before, Eide Bailly audits more than 59.5 billion in federal expenditures, which provides us with extensive experience in single audits. Not only are we on ,he forefront ufnew regulations, but because ufour vast experience with governmental entities, we have familiarity with a wide variety of federal programs. As the City looks to expand its current federal programs, we can pull from our expansive database of federal programs that we have audited and provide consultation on what has worked effectively for other entities. This will help the City establish strong controls and processes over new federal programs rather than trying to rework controls and processes after the program are established. Our single audit experience includes the Department of Education, Department of Housing and Urban Development, Department ofAgriculture, Department ofCommerce, Department ofInterior, Department ofTransportation, Department cf Justice, Department ufLabor, Department ofthe Treasury, Department of Health and Human Services, Homeland Security, National Foundation on the Arts and the Humanities, Environmental Protection Agency, Department of Energy, Office of the National Drug Control Policy, Department ufDefense, and the Bureau ofLand Management. Paired with our many years of experience, we are qualified to effectively work with your organization to ensure that federal requirements are met. 91eidcbai|lyzom CITY OF CAMRBELL Eide Bailly's Current Municipal Clients Note: Eide Bailly has not been engaged with the City of Campbell within the last five years. CITIES COUNTY GOVERNMENTS WATER AGENCIES City of Alameda County of Imperial Beaumont Cherry Valley Water District City of Brawley County of Orange Elsinore Valley Municipal Water District City of Brentwood County of Placer Helix Water District City of Chico County of Riverside Montara Water and Sanitary District City of Concord County of Sacramento Monterey Regional Water Pollution Control Agency City of Dana Point County of San Bernardino Moulton Niguel Water District City of Davis County of San Diego Municipal Water District of Orange County City of Fairfield County of San Joaquin Reclamation District 42035 City of Folsom County of Shasta Sacramento County Water Agency City of Foster City County of Solano Sacramento Groundwater Authority City of Glendale County of Sonoma Santa Clara Water District City of Gonzales County of Ventura Santa Margarita Water District City of Grand Terrace County of Yolo Suisun-Solano Water Authority City of Greenfield Yolo-Davis Clean Water IPA City of Huntington Park FIRST S COMMISSIONS Yucaipa Valley Water District City of Indian Wells Contra Costa First 5 Commission City of Laguna Beach Sacramento First 5 Commission SEWER, SANITATION & FLOOD AGENCIES City of Laguna Niguel Fresno First 5 Commission Alameda County Waste Management Authority City of Lemon Grove Los Angeles First 5 Commission Bayshore Sanitary District City of Los Altos Orange County First S Commission Central Contra Costa Sanitary District City of Monte Sereno Riverside First 5 Commission Central Marin Sanitation Agency City of Napa San Bernardino First 5 Commission Cupertino Sanitary District City of Oceanside Sonoma First 5 Commission Delta Diablo Sanitation District City of Palmdale Yolo First 5 Commission East Say Discharge Authority City of Paramount Fairfield -Suisun Sanitary District City of Pleasanton TRANSIT AGENCIES Knights Landing Community Services District City of Rancho Mirage Capital Southeast Connector JPA Madison Community Services District City of Rancho Palos Verdes High Desert Connector JPA Orange County Waste & Recycling City of Rohnert Park Imperal County Transportation Commission Oro Loma Sanitary District City of Roseville Omnitrans Riverside County Waste Management City of Sacramento Orange County Transportation Authority Ross Valley Sanitation District City of San Jacinto Sacramento Area Council of Governments Sacramento Area Sewer District City of San Leandro San Joaquin Regional Rail Commission Sacramento Regional County Sanitation District City of San Ramon Santa Clara Valley Transportation Authority Union Sanitary District City of Santa Clara SR 91. Expresslanes Vallejo Sanitation and Flood Control District City of Santa Clarita Ventura County Transportation Commission West Bay Sanitary District City of Santa Cruz Solano County Transportation Authority West Valley Sanitation District City of Saratoga City of South Gate POWER AGENCIES OTHER AGENCIES City of South Lake Tahoe Alameda Municipal Power Sacramento County Airport System City of Suisun City Glendale Water and Power Sacramento Solid Waste Fund City of Temecula Marin Energy Authority Yolo County Habitat JPA City of Temple City Silicon Valley Power Yolo Solano Air Quality District City of Walnut East Bay Regional Park District City of Whittier STATE AGENCIES Department of Water Resources - Electric Fund Department of Water Resources - State Water Development System Fund 10 1 eidebailly.com [KYDF[ANP88i GFOA Certificate afAchievement for Excellence iuFinancial Reporting Because we know how important achieving the 6F0o Certificate of Achievement for Excellence in Financial Reporting is to clients, we work with them to achieve this certification. Below is a summary list of some of our government audit clients who have been awarded and currently maintain ,he GF0A's Certificate ofAchievement for Excellence inFinancial Reporting: State o[Nevada, NV City of Fairfield, CA City ofWalnut Creek City of Chico, CA County ofVentura, CA City of S. Lake Tahoe, CA City of Santa Cruz, CA City of[apitn|a.[A City ofSalt Lake City, UT County ofOrange, CA city ofRancho Cordova, CA City ofRoseville, CA county ofDouglas, NV County of3n|ano'[A County ofSan Bernardino, CA Thought Leadership A number of partners at Eide Bailly are nationally recognized state and local government thought leaders who present »tdozens ofnational venues 1hroughouttheyear. These include: GFO4vNational Association ofState Auditors, Comptrollers, and Treasurers; California Society of CPA's; California Society of Municipal Finance Officers; � Oregon Government Finance Officers Association; the California State Association of County Retirement Systems; the California Association of Public Retirement Systems,' AGA National Professional Development Conference; National Association of Housing and Redevelopment Officials (NAHRO); Iowa Society of CPA's; Idaho Society of CPA's; Utah Society of CPA's; and Colorado GFOA. Vvcalso provide training for state and local agencies. Some ofthese agencies include Controllers' offios of the State of Tennessee, Texas State Auditor, State of Montana, Commonwealth of Massachusetts and the State ufNevada. Furthermore, Eric Berman, Partner, is the author for the entire Governmental Library for Commerce Clearinghouse Wolters Kluwer (CCH). This library serves as the interpretative reference on governmental 6AAP' governmental best practices and governmental aud)auditsfor gu"emments' auditorsauditorsand educators nationwide. Eric will eiUb an additionalresource Online Publications—the[ity will also have access to resources on our EideBaUly Government Industry website. We publish articles related to hot issues within the government accounting arena. Below is a list of some of the recent articles posted to our website, as well sent as an email to all of our clients: 0 Common Single Audit Findings and Remediation Series: Matching, Level of Effort, and Earmarking ° bYour Government Ready fo/ThisFiscal Year -End and Beyond? ° Dispatches from GASE/sMeetings ° [ybemecurity:Not Just an^|T°Issue ° Create aninternal Audit with More Value Visit our wetuhetosign upfor our newsletters, c-blastsand webinao: CITY O[{AMPBEi1 Implementation mfNew Standards In an industry where stand a rdscontinu ally evolve and ch a nge, EideB ail lym a kes it a priority to stay current and assist our clients with necessary changes. In addition to helping clients implement new standards, we also help them adapt tuchanges within the existing standards. Additionally, several E@e Ba0y professionals serve on committees that have input into how new standards are written. This enables us to be involved from the beginning and influence the final outcome. Our clients benefit from our strong understanding of the standards and how they may affect their organization. We will work with the City to create a plan to address new standards one to two years prior to implementation. The following new standards are set for implementation as indicated below: December 15,Z018 GASB Statement No. O4—Fiduciary Activities 2020 December 1S.2O18 Implementation Guide 201S-2—Fiduciary Activities 2020 December 15'ZUl8 GAG8Statement No. 90—Majority Equity Interests 20I0 June 1S'ZOl9 Implementation Guide Update 2O1Y'z 2021 December 15'2U19 G4S8Statement No. 87—Leases 2021 December 15'2OI9 GAS8Statement No. 8g_Acoyunbngfor Interest Cost 20I1 before the End ofoConstruction Period December l5'2019 Implementation Guide IO19'3—Leases* 2021 December 1S.ZUZO GASBStatement No. 91—Conduit Debt Obligations 2022 Portions upon issuance, 0mnibus2(VLK Upon issuance otherwise June 15, 2020 urIOZ1 December I5,202O Internal Revenue Code Section 457 Deferred 2022 Compensation Plans That Meet the Definition nƒoPension Plan and Supersession ofGASB Statement 32 June 1S'202l Subscription -Based Information Technology Arrangements 2022 June 15,2OZ1 Public -Private and Public -Public Partnerships and 20I2 Availability Payment Arrangements *in the process ufpublication authe time ofsubmission. 12 16debaUly.mm CITY Of fAMPBELL 4: 4, "1 FA UWAt We're passionate about our work —and your success. We have selected professionals for your service team who are the right fit for your engagement, based on their knowledge and experience in the governmental industry. Ahmad Gharaibeh will lead the engagement team and serve as the Audit Engagement Partner and David Showalter will serve as the Quality Assurance Partner. Joe Escobar will serve as the Manager and James Ramsey will serve as the Assisting Senior Audit Manager. These professionals are licensed to practice public accounting and bring strong credentials and a desire to work with the City. If awarded these engagements, these individuals will serve as your primary contacts. Additional resources will support the project team as necessary. Because we are committed to the government industry, we provide our professionals, as well as our clients, with specific, ongoing training related to governmental issues. This investment ensures not only our people, but the public sector in general stays current on the unique challenges and opportunities that are present so that as many people as possible are in the best position to address these issues. Senior Associate and Staff Members All of our seniors have more than two years of experience in public accounting, with several who specialize in the government industry. We require Yellow Book compliance for all members of our assurance staff. This means no fewer than 24 hours of specific Government Education courses each two -years. Most members of our audit staff significantly exceed that amount. Once an agreeable tirneline has been determined, we will assign a few of our talented seniors and staff to your engagement. 13 1 eidebailly.com CITY OF CAMPBELL We know the importance of a strong business relationship, so we keep staffing changes to a minimum year-to-year. Eide Bailly has a high retention rate, allowing us to provide stability. Your local Palo Alto service team has extensive experience in the Government Industry. You'll find profiles for each team member in Appendix A. The following information will provide an overview of your service team; Ahmad Gharaibeh, CPA PARTNER Ahmad will serve as the engagement partner and will be responsible for directing the activities of the team, coordinating all services, and ensuring the timely delivery of quality services. He has more than 20 years in public accounting with experience in the governmental industry throughout his career. Ahmad serves on the CaICPA Association of Government Accountants Silicon Valley Committee, and also serves on the California Society of Municipal Finance Officials East Bay Chapter (CSMFO), Peninsula Chapter and Monetary Chapter. His focus in the governmental industry are primarily on general purpose governments cities, special districts, transit, and financing authorities. Ahmad holds the Certified Public Accountant (CPA) designation and is located in our Palo Alto, California office. David Showalter, CPA PARTNER David will serve as the technical review partner and will be responsible for performing a quality review of the financial report prior to issuance and consulting on questions that arise during the course of the engagement. He has more than 18 years in public accounting with experience in the governmental industry throughout his career. David serves on the CaICPA Governmental Accounting & Auditing Committee, and also serves on a consultative group for the Governmental Accounting Standards Board (GASB). His focus in the governmental industry are primarily on general purpose governments (cities and counties), special districts, hospitals, and financing authorities. David holds the Certified Public Accountant (CPA) designation. Joe Escobar, CPA MANAGER Joe will serve as the audit project manager and will be responsible for the day to day management and delivery of services to the City. He has more than 6 years in public accounting with experience in the governmental industry throughout his career. Joe has experience and expertise in performing and managing audits of local governmental entities. Joe specializes in audits of cities, special districts, stand-alone enterprise funds and single audits. Joe holds the Certified Public Accountant (CPA) designation and is located in our Palo Alto office. 14 1 eidebailly.com CITY OF CAMPBELL James Ramsey, CPA SENIOR MANAGER --, James Ramsey will serve as the additional resource manager and will be responsible / for assisting in the management of the project. He has more than 14 years in public accounting with experience in the governmental industry throughout his career_ James' career started off as an accounting manager at a local governmental and therefore has a unique perspective relative to how processes work in an organization. His specialties include cities, counties, special districts, financing authorities, transit authorities and single audits. James holds the Certified Public Accountant (CPA) and Certified Fraud Examiner (CFE) designations. Tommy Bowen, CPA SENIOR AUDITOR n_:, R Tommy Bowen will serve as the in -charge and will be responsible for the daily audit work, supervision of staff and execution of audit plan for the City. He has more than NX,� 6 years in public accounting with experience in the government and tax industry vrr throughout his career. His focus has been on performing audits of cities counties, special districts and other local governmental entities. Tommy holds the Certified Public Accountant (CPA). Other Seniors and Audit Associates Additional seniors and audit associates will be assigned to the project. Staff Availability We monitor the number of employees and match their skills and capacity to the number of clients. Before responding to this RFP, we checked our team's capacity level to make sure they are available. We will continue to monitor and measure performance of our employees and their skills as they relate to the City's projects. Additionally, we will monitor the City's satisfaction with Eide Bailly to ensure the level of service being offered meets your satisfaction. Affirmative Action Eide Bailly adheres to the principles of Affirmative Action through our daily human resources and business operations practices. All members of Eide Bailly operate within the Affirmative Action guidelines and value its objectives. 15 ) eidebailly.com CITY OF CAMPBELL Continuing Education Because we are committed to the industries we serve, we provide our professionals with specific, ongoing training. This investment ensures our people stay current on the unique challenges and opportunities within the industry sectors so that they are in the best position to help clients address these issues. Firmwide, our continuing professional education program requires all professional staff obtain education that exceeds the requirements of the American Institute of Certified Public Accountants (AICPA) and where applicable, GovernmentAuditing Standards. The firm places a strong emphasis on lifelong learning and recognizes the importance of developing our professionals to best serve our clients. This past year we provided our client service professionals with an average of 46 hours of professional education, compared with the 40-hour accounting industry requirement. In addition, we regularly share information among the audit teams in different offices to ensure we are providing clients with the latest thinking and best possible solutions. Our governmental professionals obtain continuing professional education through the following means: CPE HOURS Eide hilly Fv 2019 • Government -specific seminars sponsored by the AICPA and Government Audit Quality Center (GAQC). • Seminars sponsored by the Government Finance Officers Association (GFOA). • Involvement with local chapters of the GFOA (we teach and attend GFOA conferences, regularly). • Eide Bailly seminars specific to governmental issues which are taught by our experienced managers and partners. By expanding our knowledge of issues important to government organizations, we are able to provide more in-depth, knowledgeable solutions to our clients. Additional communications, webinars and training are provided throughout the year on a variety of topics important to state and local governments. 16 1 eidebailly.com CITY OF CAMPBELL We're passionate about our work —and your success. We have selected professionals for your service team who are the right Mt for your engagement, based on their knowledge and experience in the Government Industry. Staff Continuity To help ensure a strong business relationship and to minimize disruptions, we keep staffing changes to a minimum. Compared to the national average, Bde 8aiUy experiences o high retention rate which translates to providing our clients with consistent service teams. We will strive for continuity of staff for Vour engagement. With this continuity comes quality, as team members' knowledge of your organization grows from year toyear. z*°»�v Staff Retedion Should the need arise to change any of the key engagement personnel, we will notify you in writing and provide the qualifications of the proposed replacement. Upon your approval, new engagement personnel CITY UF[AMP88L Audit Methodology At Bde Rai|k\ we promise you a better overall experience- While we recognize that multiple firms are capable of accomplishing the objectives of an audit, Eide Bailly appreciates that every situation and every organization is different, and we tailor our approach based on the needs of each client. Eide Ba|Uyvak/es its business relationships and demonstrates this through our partner and manage, involvement. Our senior level professionals are involved with our clients and accessible throughout the year. They do not delegate all tasks to gaff, but rather stay involved onsite during fieldwork as well as stay connected throughout the year. This approach delivers the greatest benefit to our clients in that we are able to stay abreast of changes in and updates to ourclient's operating environment and partnerwith them tuachieve optimal results. Our clients experience a communication approach that stands apart in both style and frequency. Because we recognize that effective communication is critical throughout the entire audit process' our service approach is one where communication begins with planning and continues throughout the year. Additionally, wetake a collaborative communication approach with our clients and include them in the process as our peers. Our clients offer wealth of knowledge and information about their organization and communicating with them as a business partner ultimately produces the best outcome. Prior to beginning the engagement, we will discuss with management: ° The engagement timeine ° The audit approach and process. • Additional considerations that may affect scope, schedules and work papers to be prepared by your personnel. Upon appointment asyour auditor, wewill discuss the audit schedules and work with you ouensure the timeline meets your needs and makes the most effective use of your staff members'time. 181eidebUly.com CITY 0F[hMP8BL Level nfStaffing and Number mfHours Below is our proposed level of staffing and estimated hours for each segment of the audit. Planning 4 12 4 O Z 22 Interim Fieldwork 10 IU 90 ZO 4 144 Final Fieldwork IZ 48 156 56 14 296 Audit Process Our audit approach is designed to collaborate with the City and achieve optimal results. The approach consists of five major components: Planning, Interim, Fieldwork, Reporting, and Ongoing Communication. If awarded, we will discuss with management our proposed schedule but have the flexibility to make anV changes in order to meet the reporting deadlines. The objectives of each component are described in the following pages. Planning = Discuss and finalize the engagement timeline, audit approach arid process. " Discussions with management and accounting staff, including the Board, if requested, to address any risks orconcerns that they may have. ° Evaluate the nature of the operating environment (for example, changes in volume, degree of system and reporting centralization, sensitivity of processed data, the impact on critical business processes, potential financial impacts, planning conveoions, and economic and regulatory environment). ^ Review of interim financial information and reports to identify significant risks and changes early. ° Review of significant estimate areas and consideration of underlying assumptions early in process. ° Gain an understanding of the City and its reporting units and their environments. ° Documentation of internal control systems, including IT, and related changes from prior periods. " Consideration offraud, risk ofnoncompliance, illegal acts, abuse, etc. ° Assessment ofaudit risk and identification ofpotential audit issues. ° Assessment ofmateriality and testing scopes tothe extent possible and presentation of audit plan. ° Preparation and communication ofaudit request lists and work papers. ^ Development expectations regarding timing and audit progress. ° Gain understanding of single audit programs and perform an analysis of potential major federal programs. CITY OF CAMPBELL Interim fieldwork —Single audit Our approach to performing the single audit is broken into three different phases: • Phase I — Risk assessment and planning. • Phase II — Major program testing. • Phase III —Assessment and reporting. Phase I — Risk Assessment and Planning This phase basically encompasses the planning and risk assessment of your federal programs. The planning phase, if done correctly, will set the tone of the single audit as well as set the stage for an efficient and effective single audit. We will work closely with management to properly identify federal programs and clusters to determine the major programs to be tested. The steps associated with risk assessment and planning include_ • Determine grant awards and funding increments. • Determine the Type A and Type B thresholds. • For any programs above the threshold (Type A) perform a review of the past two single audits and document the program risk to determine if the program is high risk or low risk. • Make final determination of major programs to be tested based on the above steps. • Review the applicable Uniform Guidance Compliance Supplement for any unusual items for each of the major programs, as well as determine which compliance areas are direct and material for each major program. Phase 11— Major Program Testing After making the major program determination as noted above, we will test the major programs. Our steps for each major program is as follows: • Obtain the audit steps from the Compliance Supplement which provides the audit steps for each major program. • Based on the direct and material compliance areas identified during the planning phase, obtain from management the process and controls relating to those direct and material compliance areas. The controls for each compliance area need to address the five components of Committee of Sponsoring Organizations of the Treadway Commission (COSO) as required by Uniform Guidance. • Select samples for control and compliance testing. • Perform control testing for effectiveness and compliance testing of selected transactions. • Report any material weaknesses or material noncompliance to the City's management. • Provide periodic meetings to discuss the status of the Single Audit testing. Any potential findings are discussed with management while our auditors are in the field and are concluded during fieldwork. 20 1 eidebailly.com CITY OF CAMPBELL Phase III — Assessment and Reporting The above steps are based on the preliminary SEFA. Once the SEFA has been finalized, we will determine if any additional major programs are to be tested. We will perform the following steps: • If additional major programs have been identified, perform the steps as noted in the major program testing for the new programs. • Review the prior findings, if any, and perform steps to determine if the findings were cleared by management and do not need to be reported during the current year. • Prepare the Schedule of Findings and Questioned Costs. • Have an exit conference with management and key grant personnel and provide a draft report of the single audit as well as any Yellow Book findings required to be reported. These findings are reviewed by the manager and engagement partner prior to the exit conference. This is done so there are no surprises after we pull out of the field. Interim Fieldwork — Financial Statement • Discussions with management to determine internal controls, perform walk-throughs and discuss any potential audit issues. • Determine audit procedures by area, based on results of audit planning and risk assessment. • Determine confirmation needs. • Prepare listing of audit information requested from the City. • Review minutes, resolutions and ordinances. • Perform tests of legal compliance. • Weekly updates to the City staff. • Exit conference with management_ Final Fieldwork • Audit areas based on risk assessment. • Obtain and prepare schedules and analyses supporting the financial information. • Discuss findings with management, if any. • Discuss proposed journal entries with management, if any. • Finalize single audit testing. • Weekly updates to the City staff. • Exit conference with management. 211 eidebailly.corn CITY OF CAMPBELL Reporting • Review of the financial statements by the partner over the engagement • Review of financial statements by a partner not otherwise associated with the audit to obtain a "second opinion" on the completeness and adequacy of financial statement disclosures and audit procedures. • Completion of management letters and review with management. • Preparation of other communications to management and Board. • Assistance with preparation of the Data Collection Form and the preparation of the reporting package for submission to the Federal Audit Clearinghouse. • Presentation to Board at its regularly scheduled meeting, if requested. Ongoing Communication • Obtain interim financial statements throughout the year for review • Analyze significant changes and identify areas to further tailor our audit plans and to keep us up- to-date with continuing changes • Compare the interim results to year-end results for the past few years to identify potential issues in the financial reporting process • Participate periodically at your Board meetings, and any other meetings, at the Council's request 22 1 eidebailly.com CITY OF[AMPDBi Using Information Technology Auditors As part of any financial nvdh' Bde 8niUy is required under auditing standards to obtain a sufficient understanding of the accounting system and technology environment in order to plan the audit. It is our philosophy to not only meet but also exceed this requirement by involving Bde BoiUy's dedicated technology specialists toparticipate inaudits asdeemed appropriate. Our IT methodology is based on American Institute of Certified Public Accountants (AICPA) guidelines, the internal controls framework prescribed by Committee of Sponsoring Organizations of the Treadway Commission (COSO), and the best practices for technology controls as defined by the Control Objectives for Information and Related Technology ([00T) developed by the Information Systems Audit and Controls Association (ISACA)- When auditing the technology environment, we evaluate both the general technology controls and specific application controls that are in effect. This requires our |Tauditors to consider how the accounting systems, infrastructure, processes and people work individually and together to ensure that financial records are being appropriately processed and reported. As such, we must work with IT staff to assess hnvv the relevant systems and technology environment are administered and supported, and with accounting staff toevaluate how financial data isprocessed and system controls are maintained toenforce segregation o[duties. Bde8ai|lyhas extensive experience integrating avariety of|Tservices into our audit engagements across organizations in the public, private and nonprofit sectors. These experiences include auditing of IT operations, security and software development as well as conducting both internal and external network vulnerability tests. In addition' we have former federal and local |avo enforcement computer forensic specialists that utilize the latesttools to analyze and investigate digital media for a wide range of purposes, We have seasoned professionals with years cfrelevant technology experience, many of whom carry a myriad of certifications, including the following designations: ^ Certified Information Systems Auditor (^Osx^ ° Certified ioRisk and Information Systems contrv|(^cmsc^). ° Certified Information System Security proferwnno|(^Ossp~). ° Certified Information System Manager (^osmr) ° Certified Financial Systems Auditor (^cBA^). ° Certified Ethical Hacker (^[Ex^). ° Certified Public Accountant (^[px^). ° Certified Common Security Framework Practitioner (^ccspp^). ° o|AC Security Essentials Certification ("GSEc ), ° Certified Internal Auditor (^ox^). ° Certified Government Audit Professional (^[Gxr). " Certified Risk Management Assurance (^CKwx.). ^ Certified Information Technology Professional (^C|TP^). • Certified Penetration Testing Engineer ("CPTE"). Our experience with audits of various entities requires adherence to various standards surrounding internal controls including the [05O Framework, generally accepted government auditing standards (GAGAS) and Federal Information System Controls Audit Manual (FISCAM). We work with all our clients to help them understand the updated COSO framework. We have conducted training on COSO and risk assessments nationwide and believe we will add value and improve the effectiveness of the risk management, control and governance processes. CITY OF CAMPBELL Use of Technology Eide Bailly staff utilizes progressive and effective software to streamline processes and make them as efficient as possible. These technologies include: EB Connect (Client Portal) The Eide Bailly Client Portal is the standard for delivering electronic documents in a secure manner to and from our clients. Email is not a secure means of exchanging documents and our client portal can handle much larger files than email. Clients know their confidential information is secure and safe and appreciate the improved organization, documentation and communication by using the Client Portal. Many efficiencies are created by leveraging technology and sharing information and knowledge on the Client Portal and result in reducing the amount of time needed on site during an engagement. Eide Bailly performs all engagements in a paperless environment. By utilizing paperless processes, we are able to bring experts from across ourfirm into every engagement. What this means to you —better service, timely reporting and cost-effective solutions. Data Extraction Software Eide Bailly designs our approach to incorporate the use ofTeamMate Analytics--to maximize efficiency while conducting a very effective audit. Through TeamMate, we can extract information from related databases and create databases that check forduplicate payments, summarize payments, and extract journal entries from specific accounts, develop expectations for analytical procedures and recalculate system calculations among a host of other procedures that are developed by our audit team. Other Tools • Accounting Research Manager (ARM) — Internet access of all accounting and auditing standards. Areas include GASB, FASB, AICPA, PCAOB and other resource material. We can access this material at any given time and can provide a quick response to any technical question you may have. • CCH ProSystem N Engagement by Walters Kluwer —Software to facilitate the audit, retains the electronic workpapers and supporting documentation, performs project tracking, and facilitates quality review. 24 1 eidebailly.com CITY OF CAMPBELL Supervisory Review and (duality Control Procedures All of our documents have levels of review. The various levels are determined by our risk assessment during the planning stages of the audit. Typically, a review will include the following: Seniors will review all work performed by staff. Managers will review work performed by seniors as well as review key significant areas that was prepared by staff and reviewed by the senior. Some of these areas include accounts receivable, investments, capital assets, long term debt and pension liabilities, other liabilities, net position classification and single audits. • Partners will review areas that are deemed high from a risk perspective as well as the single audit. ® Technical review will review the report for proper and technical aspects making sure everything is report properly. As a firm, we require all single audits and reporting to be reviewed by another partner with specific government experience. We will hold an exit conference with management and provide periodic written or oral reports on the status of the audit to representatives of the City. The success of the audit is dependent on the amount of open communication throughout the year and not just during the audit period. We will work closely with management and the accounting personnel throughout the audit process and will hold weekly meetings to go over open items as well as discuss any potential accounting or compliance issues identified during the audit. We believe in no surprises. When we perform the exit conference, we will hold a final discussion on any potential findings and will come to a conclusion during the conference. Our goal is to have no additional findings subsequent to the exit conference. Analytical Procedures Eide Bailly will apply analytical procedures throughout general planning to improve our understanding of your operations and to identify audit areas for increased attention. These will be applied to assist in planning the nature, timing and extent of other procedures. They will be applied to all balance sheet, revenue/receipt and expense/expenditure areas. These procedures include, but are not limited to, the comparison of current year to prior year and budget amounts. Areas that show results different from those anticipated or planned will be further investigated to determine the validity of the variance. During the year-end audit fieldwork, we use analytical procedures to test whether errors affecting account balances or classes of transactions have occurred by comparing the recorded amount with an independently developed expectation of that amount. We develop the expectation in such a way that a significant difference between the expectation and the recorded amount is indicative of a financial statement misstatement, unless we can obtain and corroborate explanations for the difference. Analytical procedures are a natural extension of our understanding of your business because the key factors that influence your business may be expected to affect the financial data. 25 I eidebailly.com CITY OF{AMP8[U !nthe audit reporting phase, weperform afinal analytical review atthe financial statement level as the last step to ensure that we have gained a comprehensive understanding of the financial statements during the audit engagement and to determine whether the financial statements are appropriately presented and contain appropriate disclosures. Such final analytical procedures highlight and explain significant changes from the previous year and ensure that such changes are consistent with the knowledge of your business and our audit evidence. These procedures typically consider trends based on several previous years instead ofcomparison only with the prior period. internal Control Structure A significant aspect of the planning process involves understanding each reporting units' internal control environment, including information technology (IT) controls and, where relevant, testing cfinternal controls. The following is a summary of the process Eide 8ai|ly uses regarding internal controls over financial reporting and compliance: Internal Controls over Financial Reporting Our approach will start with any documentation related to internal controls that have already been developed. We review that documentation to obtain an overview of the internal control system and then conduct interviews with the City's staff to complete the documentation of our understanding related to internal controls and significant changes each year. After conducting the interviews, wewill evaluate the internal control system design and expected operating effectiveness for significant areas depending on the reporting unit. We expect that by completing control testing in these areas, itwill allow us to reduce substantive testing and conduct an efficient audit, Our approach toward control testing will be focused on key process controls or overall system controls, rather than detailed control process testing. We will also focus on key IT related controls in process areas such as revenue, payroll and claims, osthey tend to allow more efficiency for an audit perspective relative tuthe control process. Eide Bailly utilizes a risk -based approach incorporating both control testing and substantive testsofbo|ances' where appropriate. In certain areas that we do not consider as significant, we will plan to conduct the audit using aprimarily substantive approach. |thas been our experience that itisoften more efficient and effective to substantively audit a balance rather than complete an extensive control test. Internal Controls over Compliance our approach for internal controls over compliance associated with federal programs is similar tothe approach regarding internal controls over financial reporting related to accumulation, documentation, and evaluation ofthe control environment. Test of controls over compliance are required for major federal programs. Our approach btu identify key controls applicable to direct and material compliance requirements for testing, as well as incorporating results from tests nfinternal controls over financial reporting and IT. CITY OF CAMPBELL The approach wewill take togain anunderstanding ofyour internal controls includes: • Interview the City personnel. ° Review organizational charts, accounting and procedure manuals and programs. • Complete internal control questionnaires, " Write-up system narratives. ° Evaluate items selected for testing. ° Review controls over financial information systems. The timely completion ofthis work will assist usinperforming our work efficiently and communicate any potential recommendations assoon aspossible. In addition, our engagement approach is based on the following: " Observations we believe will help the City achieve its objectives will beshared. YVewill also he pleased to respond to inquiries you may have about financial or other business matters. ° The assistance to be provided by your personnel, including the preparation of schedules and analyses of accounts, will bediscussed with the finance department. The timely completion of this work will assist us in performing our work efficiently. Statistical Sampling Sampling may be performed for tests of controls, compliance testing and substantive tests of certain accounts and transactions. During our audit cfbasic financial statements, we will also select various transactions for testing based on materiality assessed at the appropriate level. These transactions may include such items ascapital asset additions, expenditures, subsequent disbursements and subsequent receipts. We will be pleased to discuss specific sample sizes and selection methods when they are determined, either during audit planning orduring fieldwork, We will select the appropriate sample size to support our conclusions in compliance with laws and regulations. We will use confirmations in the areas of cash and investments, receivables and other areas deemed necessary. Determining Kmm/s and Regulations Subject to Audit Test Work During the planning process, we will also discuss with the City management and personnel the laws and regulations to which the City is subject. The objective ofour discussion will be to determine those laws and regulations that could have a material impact on the financial statements and those laws and regulations pertinent to the City's federal financial assistance programs. Pertinent to our discussion will be our knowledge of such laws and regulations, and our knowledge of Government Auditing Standards. We are aware of the applicable requirements and consider them when determining the necessary audit procedures for the City. We will perform tests of the City's compliance with certain provisions of laws, regulations, contracts and grants. We will assess the risk of material misstatement resulting from violations of laws and regulations having a direct and material effect on the determination of financial statement amounts. These laws and regulations can relate to items such as budgetary compliance, purchasing compliance and cash and investment compliance, as well as single audit compliance, as applicable. CITY OF CAMPBELL We will combine compliance tests of laws and regulations that involve the inspection of documentation supporting transactions with substantive tests of transactions and tests of control procedures. Our audit will meet all federal and state requirements, as applicable. Samples will be used to the extent necessary to support our conclusions on compliance with laws and regulations. Ability to meet deadlines and shorten the time in the field We understand the frustrations of an audit firm not meeting your stated deadlines. We commit that we can, and will, meet your deadlines as well as shorten the amount of time needed in the field. Our experience with other governmental audits has enabled us to fine-tune our audit process. This translates to a smooth and more efficient audit for you while meeting your deadlines and keeping our fees at a reasonable rate. Multi -Year Approach We attempt to retain the majority of the audit team in order to develop a historical perspective of the operating and control environment of the City. This historical perspective allows us a deeper understanding of the risks surrounding the City and the opportunity to perform a thorough audit without a learning curve, The result of our preliminary review is a planned calendar of audit events, timing and expectations based on the budgets and related materials, organizational charts, manuals and programs, and financial and other management information systems. We also have the resources within our offices to change your current engagement team while retaining the historical perspective that we gain over the years, if you feel you would benefit from auditor rotation. The individuals in Eide Bailly's government group have extensive experience in the industry and benefit from the firm's focus on continuing education. Our governmental professionals are well -positioned in organizations associated with governmental entities, such as the American Institute of CPAs (AICPA) and Governmental Audit Quality Center, the primary purpose of which is to promote the importance of quality government audits. We have also held leadership roles in the Government Finance Officers Association (GFOA). We will be available to the City throughout the year as a resource to answer questions, have discussions and confirm the appropriate accounting treatment for unique or infrequent transactions. 28 1 eidebailly.com CITY OF CAMPBELL We understand your requested timeline and are committed to meeting your deadlines. Eide Bailly commits to you that if your team is prepared for the audit when our team is in the field, we will meet your deadlines. We will work closely with your team through the planning stages to clearly define expectations and the items required from your team in order to facilitate an efficient audit to enable us to meet your deadline. The following table identifies the structure of our audit for the City reports and the timing of each section. Activity Tng Planning March7777 Interim Fieldwork Final Fieldwork Exit Conference Reporting Ongoing Communication June -July September - October September - October November Year Round We will meet your deadlines. By engaging in thorough audit planning and communications with management, we begin each engagement with a strong understanding of the various deadlines for each of the financial and single audits and the steps involved along the way to meet these deadlines. An audit project plan will be developed between our team and the City and then followed closely, and we will work with the City's management team to customize our auditing services and specific timelines to your needs_ We believe in clear, up -front and open communication with no surprises. 29 1 eidebailly.com CITY OF[ANP8[UL Asatop 25OPA firm, we've built our business onrelationships and believe our clients to be the best critics of our service. The clients below have similarities to your organization, and we encourage you to contact them to learn about their Eide Bailly experiences. Similar Clients City of Fairfield Mike Less, Accounting Manager lOOUWebster St,Fairfield, [A 94533 707.428.7515 m|ess@fairheN.oa.gov Most recent audit: Fiscal year ended June 38' IO19,Number ofYears: 6+ Total Hours: Approximate|y9O0 Scope ofWork: Comprehensive Annual Financial Report — GFOA Fairfield and Suisun Transit Enterprise Fund, So|anoCounty Animal Control Authority, Single Audit, State Controller's Reports, GANMLimit Agreed Upon Procedures, Golf Course Agreed Upon Procedures Sports Restaurants' Inc. Agreed Upon Procedures HUDREA[ City of Walnut Creek ]ohnFurtodu Finance Manager 1666N.Main St, Walnut Creek, [A 94596 (925)943'5808 Furtado@wa[nut-ceek.org Most recent audit: Fiscal year ended June 30' 2Ol9Number ofYears: 6+ Total Hours: Appmwimate|y6UU Scope of Work: Comprehensive Annual Financial Report —GFO4` Single Audit, and GANWLimit Agreed Upon Procedure City of Capitolu Jim Malberg,Finance Director /ma|berg@d,capkuacaus 4ZU[apho/aAve, [apho|a,CA9S0l0 831.475'7300 Most recent audit: Fiscal year ended June 3U, ZU19'Number ufYears: 3+ Total Hours: Approxmately6UO Scope of Work: CompnahenskmAnnualRnanda|Repurt—GFOA Measure Dsales tax, Single Audit, GANNLimit Agreed Upon Procedures City of Glendale Shu-JunLi, Deputy Director ofFinance G13E.Broadway, Glendale, CA 91206 818.548.I085 s|i@g|enda|eca.gov Engagement Partner: David Showalter Most recent audit: Fiscal year ended June 3O. 2O19Number ofYears: S+ Total Hours: Appnoximate|yW0U Scope ofWork: Comprehensive Annual Financial Report —GROA, City ofGlendale Housing Authority, City uf Glendale Water and Power, HUD REAC,Single Audit (Section W)'GANNLimit Agreed Upon Procedures TVx0 of HillshO0Ugh Jan Cooke, Finance Director 16OOFloribunda Avenue 650'375-7408 /cnoke@hi||sbomugh.net Most recent audit: Fiscal year ended June 3O' ZO19'Number ofYears: 3+ Total Hours: Approximate\y5O0 Scope of Work: Comprehensive Annual Financial Report —GFOA Measure A,ABl6UOS8l78lGANNLimit Agreed Upon Procedures 0/eidebaUly.mm CITY OF[AWP8ELL �0� �������� °��� ����0�B� ���"�0� ����00 ���� ����NY� 0 N�� ����0��� WITH N����° To us, work isn't just work; we see it as a chance to help you solve problems, achieve goals and pursue passions. After thoughtfully reviewing your needs and taking the time tounderstand your business, we feel we're the best fit for this opportunity. We can connect you with the knowledge, resources and solutions that help bring confidence to your business decisions. We want to work with you! If you have questions or would like additional information, don't hesitate to contact us. We want to make sure you have everything you need to make your decision. Ahmod Ghoro[bmh, CPA Partner 6S0.45L0400 aghamibeh@ekdebaU|y.com What inspires you, inspires us. We're driven to help clients take on the now and the next with inspired ideas, solutions and results. We look forward to working with you. 311 eideb 0V.mm CITY OF CAMPBELL DAVID SHOWALTER, CPA Partner INSPIRATION: I truly enjoy serving my clients and assisting them with complex accounting and financial reporting issues. What really excites me is developing long-term business relationships with my clients and building an that trust and relational experience to continuously provide the highest level of service. 916.999.8502 1 dshowalter@eidebailly.com David has focused his practice on conducting audits and advisory services for state, regional and local governments, including state departments, counties, cities, special purpose governments, utilities, transportation, First 5 commissions, and health care providers. He is responsible for the oversight of audit and advisory engagements and also, as appropriate, for the recommendation of internal control structures and best practices. Previously, he worked for one of the international Big 4 accounting firms working within the SEC and governmental arena and providing assurance services to manufacturing, retail and service entities, including SEC reporting and filing. His combined experiences have provided a base for his clients to trust the reliability and accuracy of the accounting and compliance information that he provides. The healthcare industry is one that continues to grow rapidly within California, and the regulatory environment continues to provide our clients with challenges in meeting the needs of the public while adhering to the reporting and compliance requirements that come with receiving federal and state dollars. The hospitals and healthcare facilities that David works with include both nonprofit organizations as well as governmental healthcare facilities. David provides annual training to firm staff through in-house continuing professional education to ensure consistency and knowledge are not just at the partner level but also with the entire team providing services to our clients. He also provides annual audit and accounting updates for many of his governmental clients and industry groups. 32 1 eidebailly.com Memberships American Institute of Certified Public Accountants California Society of Certified Public Accountants Designation/Licensures Certified Public Accountant Education Bachelor of Science, Business Administration, Accounting — California State University, San Bernardino CITY OF CAMPBELL David's clients trust his level and depth ofknowledge ofthe reporting and compliance requirements under generally accepted accounting principles, including changes promulgated through the Governmental Accounting Standards Guard (GASB)' Financial Accounting Standards Board (FAS8)'Generally Accepted Government Auditing Standards and the Federal Uniform Guidance. With David's experience working with a variety of governmental, healthcare and not -for -profit enhdes, he provides a unique perspective to his clients and in the evaluation of their financial reporting, internal controls and governance. Outside ofwork, David enjoys spending time with family, traveling and serving in his church. Clia/0hrk More than l9years conducting audits cf governmental and not -for - profit entities. Serves onthe Ca\[PAGovernmental Accoonhog&4udhing Committee. Served onaconsultative group for the Governmental Accounting Standards Board <GAS8>. CITY OF CAMPBELL AHMAD GHARAIBEH, CPA Partner INSPIRATION: I truly enjoy helping my clients. The government accounting industry continues to change, and I enjoy assisting my clients understand the changes and how to implement them. 650.462.0400 1 agharoibeh a@eidebailly.cam Ahmad provides audit and accounting services to a variety of organizations focusing primarily on municipalities, including cities, transit water, sewer and sanitation districts, joint powers authorities, transportation agencies, community colleges and other special districts. He has performed the financial and compliance audits of federal awards in accordance with OMB Circular requirements to entities receiving over $100 million in federal funds. His Single Audit experience includes audits of programs from the Department of Transportation, Department of Education,. Department of Defense, Department of Health and Human Services and a variety of other agencies. In addition to audits of governmental agencies, he provides audit and accounting services to commercial industry entities, including health care and manufacturing. Ahmad is a speaker at many of the municipal CaiCPA local chapters including Monterey Bay/Santa Cruz, Alameda and the Peninsula local chapter of the CSMFO. Ahmad is lead of the governmental audit practice in the bay area and services clients with revenues exceeding one billion dollars. He has over 20 years of experience in auditing public agencies. Ahmad provides other services to his governmental clients which includes forensic auditing, internal audit services and consultation on various aspects of accounting for municipal agencies. Ahmad has advised and assisted many clients with disclosure and financial reporting requirements pursuant to the GFOA certificate program. 34 1 eidebaiily.com Memberships American Institute of Certified Public Accountants California Society of Certified Public Accountants Designation/Licensures Certified Public Accountant Education Masters of Accountancy —East Tennessee State University CITY OF CAMPBELL | � � ��8��kDwa[/ [PA Manager Joe has over hyears of experience assisting clients with their assurance needs. Throughout his career, hehas specialized inperforming audits of governmental entities including cities, special districts, state agencies and stand-alone enterprise funds. Joe also has extensive experience in performing single audits and cu,isnnn d/c^u to ensure they comply the requirements of the Uniform Guidance. Asolead project manager, Joe manages all parts ofthe engagement from start to finish and serves as o resource for any client needs. Joe has experience in leading assurance engagements for ovariety ufclients, from larger =nnoeo that hold financial statement line items worth billions of dollars to nnnU special districts. He believes that proper p|ovnmg' organization and on -going communication throughout the year are the keys to o `voaz,fv| engagement for entities of any size. He o|=oys delivers timely work to meet her clients' internal and ememo| deadlines and he is ovoi|o6|e to serve as o resource and assist clients throughout the year. He also provides insight mclients vnissues that may arise including complex accounting transactions, new accounting standards and understanding best practices /ninternal controls. Joe has provided oammo to our ovdn associates through in-house conferences lo ensure consistency and knowledge throughout the entire team providing services to our d/r"u. He also provides training on audit and accounting updates for many ofhis governmental clients and presents at Continuing Professional E6mconoo ([PE)events hosted by the firm for our governmental clients and industry groups. Client Work Membersifips American Institute of Certified Public Accountants California Society of Certified Public Accountants Devgnnlion/Licensores Certified Public Accountant @omtim Masters cfAccounting and Financial Management — Keller Graduate School of yNanaVemen, Bachelor of Science BusineoAdminigmdon- Univer hyof[a|Komia' Riverside Worked with various governmental entities leading assurance engagement teams through planning, performing and supervising engagements. Experience providing financial statement auditing and compliance testing, including single audits required byUniform Guidance. Serves as a resource to provide expertise on accounting issues throughout the audit processaowell as the rest ufthe year. CITY OF CAMPBELL JAMES W RAMSEY, CPA, CFE Senior Manager INSPIRATION: My favorite part of the job is getting to know my clients and providing them with excellent service. I particularly enjoy when they bring a complex problem that requires a lot of collaboration and research. 916.999.8511 j jramsey@eideboilly.com James provides accounting, assurance, and advisory services to governmental agencies throughout California. His expertise includes audits of governmental agencies, nonprofits and large Single Audits. James is also a presenter for his clients presenting on topics including the Single Audit and updates to U.S. GAAP. Before going into public accounting, James began his career in the Finance department of a small city and performed most, if not all, of the functions of a finance department during his seven years there. This unique background and expertise allows James to provide more focused advisory services and solutions to his clients. When not working, lames unplugs by going on a long run on the American River Parkway in Sacramento or in the trails around Lake Tahoe. Client Work Provides audit and other assurance services to governmental and nonprofit clients of varying sizes. Communicates and presents on upcoming changes and implementation of U.S. GAAP and Single Audits. 36 1 eidebailly.com A Memberships American Institute of Certified Public Accountants California Society of CPAs Association of Certified Fraud Examiners Design ation/Licensures Certified Public Accountant Certified Fraud Examiner Education Bachelor in Business Administration with an emphasis in Accounting - California State University, San Bernardino Masters in Accountancy - California State University, San Bernardino CITY OF CAMPBELL TOMMY BOWEN CPA Senior Associate 916,999.8514 1 tboi,/en@eidebailly.com Tommy has worked in Public Accounting for over 6 years, working both in both in Tax and Audit. He specializes in city and county governments, including those with successor agencies, and special districts. His experience in audits includes servicing a variety of governmental agencies from cities and counties to special purpose governments including water and sanitation districts and a variety of component units. Client Work Executed and supervised successful audit engagements to various governmental clients. 37 1 eidebailly.com Memberships American Institute of Certified Public Accountants (AICPA) California Society of Certified Public Accountants Designation/Licensures Certified Public Accountant Education Bachelor of Liberal Studies, California Polytechnic State University, San Luis Obispo Master of Science, Accountancy Master of Science, Taxation California State University, Sacramento CITY OF CAMPBELL We are proud to include David Sundstrom as an Internal Audit and Governmental Implementation specialist; David was most recently a board member for the Governmental Accounting Standards Board (GASB). Prior to his service with the GASB, his reputation as auditor/controller for Sonoma and Orange Counties, the former Auditor for the 22 campus California State University system, among other governments throughout California is beyond reproach. Statement of Education and Training Programs Directly Applicable to this Engagement for David Sundstrom: David Sundstrom, CPA, CIA SENIOR MANAGER OF GOVERNMENT PRACTICE — INTERNAL AUDIT T: 916.246.4740 EMAIL: DSUNDSTROM@EIDEBAILLY.COM David delivers projects that concentrate on economy, efficiency, and the effectiveness of operations. He has a well -established record of being a champion of transparency. David is an exceptional listener and uses a systems approach to identify impairments to achieving peak performance and to exploit opportunities. Client Work Established internal audit functions at the University of California, Davis, the California State University System, the County of Orange and the County of Sonoma. Led successful (on time, under budget and within scope) financial and personnel system implementations. Restructured county retiree medical program eliminating a liability of $943 million. Co -developed 38 standards of the Governmental Accounting Standards Board. Helped move a county bond rating from unrated status (bankruptcy) to AA+. Governmental GAAP Update (Instructor) 3 California Society of CPAs Government Accounting and Auditing Conference 6 Government Finance Officers Association Annual Conference 16 Developing an Internal Audit Function (Instructor) 3 Internal Audit Summit 9 California Association of County Auditors State Controller Annual Conference 1 16 GASB At 35 4 GASB Board Member Meetings (Author) 20 38 J eidebailly.com Statement of Education and Training Programs Directly Applicable to this Engagement for Eric Berman: CITY OF CAMPBELL Eric Berman, CPA, CGMA PARTNER OF GOVERNMENT PRACTICE T: 208.424.3524 EMAIL: EBERMAN@EIDEBAILLY.COM Eric is a nationally recognized speaker, author, thought leader and auditor with a wealth of government client experience. He brings a unique perspective to the firm's clients as a former Deputy Comptroller of the Commonwealth of Massachusetts, a chief financial officer of a state agency and an audit partner with clients ranging from a well-known stadium to statewide pension systems. Client Work Helped government entities across the U.S. understand and implement GASB Standards. Consulted with state and local governmental clients with governmental accounting, auditing and controllership services. Assisted clients in earning the Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting. Authored the entire governmental library of reference information and audit programs for CCH Wolters Kluwer. Served as Deputy Comptroller of the Commonwealth of Massachusetts for 11 years and held the position of Chief Financial Officer of the Massachusetts Water Pollution Abatement Trust for five years. GAS_B statement No. 87, Leases "Getting Going, and a Deeper Dive PART 2 3 In Focus' CAG8 Implementation Guides for Fiduciary Activities and Leases 2 2019 NASACT Annual Conference 11.5 Governmental and Auditing Update Conference 2019 1G.5 2619 Professional oevelo went Trainin AGA 7 2019 GAQC Annual update Webcast 2 GASB Leases; What Pre raters &Auditors Need to Know to be Read for till nlementa[ion 2 _ Association of GavernmelitAccountanls- Principal _ 2 A&A Update 2019 (Instructor credit) 16 _Governmental Iowa Governmental Roundtable 2 Governmental Accounting and Auditing Conference 30.5 Governmental ARA update 2018 (I11st1*L1ct0( Credit) 16 2017 NASACT Annual Conference 1s Governmental Accounting Basics _ 3.5 ,n, nm,nnn rTnininu 18 In addition, there are 40 hours each for CCH's Governonental GAAP Guide, Governmeotaf Practice Monuot and Governnteutal GAAP Update Service for 2017, 2018 arld 2019 (360 hours). 39 1 eidebailly.com CITY OF CAMPBELL We pride ourselves on being leaders in the government industry, offering valuable perspectives beyond our core strength of accounting and tax compliance. We're business advisors who want to help guide the strategy and operations of your organization, and we'll make sure you feel connected and understand the process. Our professionals work closely together so you receive valuable service from people who understand your needs and know your business. When you work with us, you'll have access to the knowledge and talents of 2,500 professionals across our firm. This includes specialized tax knowledge, a full spectrum of audit/assurance services and our many specialized services, such as: Cybersecurity Our professionals have deep IT backgrounds, specializing in a broad range of security services allowing us to tailor solutions to your needs. We work with every level of your organization —your boards and executives, technical IT admins and general users —to provide insight and guidance so you can feel confident your data is protected. Internal Audit Our internal audit professionals bring strong process, procedure, internal control and risk management experience to your organization. We bridge these skills with specialized insight related to risk and compliance and specific industry knowledge to help your organization reduce risk and improve operational efficiency. Forensic Accounting We have seasoned professional with years of relevant investigative experience. We have served several hundred clients, including numerous governmental entities, with investigative needs. Our forensic accountants are experienced in assisting with internal, civil, criminal and insurance recovery investigations related to allegations of theft, fraud and accounting irregularities. The forensic methodologies and technology used by our team of specialists help get to the facts of these situations and are court proven. We understand the urgency of resolving these types of matters and take pride in delivering a quality work product in an efficient and timely matter. 40 1 eidebailly.com CITY OF CAMPBELL 1 The City has the following available to it at any time: • Internal Audits • Performance Audits • Technology Consulting • Enterprise Risk Management • Financial Services • Forensic & Valuation • Transaction Services • Wealth Management • Cyber Security • Data Analytics • Audits • Compilations • 401(k) and Employee Benefit Plan Audits • International Financial Reporting Standards • Reviews • Agreed Upon Procedures • SEC Services + Service Organization Control (50C) + Single Audits • Cost Segregation Studies • Estate, Trust & Gift Services • International Tax • Lo:v Income Housing Credits • R&D Tax Credits • State & Local Tax • Tax Authority Audit & Correspondence • Tax Planning & Preparation • Tax Research We invite you to view our website and learn more about the many services we offer: twww.eidebailly.com. Eide Badly is seeing an explosion of interest in the areas of Cybersecurity, Internal Audit and Forensic ACCounting in state and local governments nationally. We address these areas as follows. 411 eidebailly.com KEEP AN EYE ON THE HORIZON January 6, 2020 Sealed Cost Proposal CITY OF CAMPBELL Submitted By: Eide Bailly LLP Ahmad Gharaibeh, CPA Partner 260 Sheridan Ave, Suite 440 Palo Alto, CA 94306 CITY OF CAMPBELL Total All -Inclusive Maximum Price The total all -Inclusive Maximum Price of Eide Bailly's proposal for professional auditing services of the City of Campbell is $288,824 including optional items as listed per the Request for Proposals (RFP) numbers 8-10. The Price of Eide Bailly's proposal excluding the optional items 8-10 is $252,396. Affirmations This proposal to provide auditing services is firm and irrevocable for 180 days. We affirm our understanding of the services requested by the City, the work to be done, the time period of performance, and that the City desires an audit firm that provides consistency with staff. Eide Bailly's philosophy is to staff each of our audits with consistent staff in order to provide the most effective and efficient audit for our clients. As required by the Request for Proposal our audit plan covers the engagements for: • City of Campbell Comprehensive Annual Financial Report • Single Audit Report on Federal Awards • GANN Limit Audit • The Transportation Development Act per the Metropolitan Transportation Commission requirements • West Valley Solid Waste Management Authority Basic Financial Statements • State Controller City Financial Transactions Report (optional) • Annual Street Report to the State Controller of California (optional) • Preparation of the city's GASB 68 accounting entries (optional) Ahmad Gharaibeh, CPA is entitled to represent Eide Bailly LLP and empowered to submit this Cost Proposal for Professional Auditing Services for the City of Campbell RFP released on November 6, 2019. Sincerely, Eide Bailly LLP Ahmad Gharaibeh, CPA Partner 260 Sheridan Ave, Suite 440 Palo Alto, CA 94306 650.462.0400 agharaibeh@eidebailly.com CITY OF CAMPBELL Audit Cost Proposal We are firmly committed to providing the City of Campbell (City) with a superior level of professional services. We strive to provide exceptional staff, quality, and value at the lowest possible fees. Our rates are competitive, even with our depth of experience and commitment to quality. However, we do not want fees alone to be an obstacle in the City's selection of Eide Bailly LLP. We would be happy to discuss and negotiate such fee issues and responsibilities with you. Service FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 City Audit and Related Reports S 40,000 S 10,800 S 41,616 S 42,448 S 43,297 Gann Limit Review Report 500 510 520 531 541 Single Audit and Related Reports * 3,000 3.060 3,121 3.184 3,247 West Valley Solid Wate Management Authority 3,000 3,0601 3,121 3,184 3,247 TDA Article 3 Audit 2,000 2,040 2,081 2,122 2,165 Out of Pocket Expenses ** - - Total for Fiscal Year (not -to -exceed) Without Optional Items 48,500 49,470 50,459 il,469 i2,498 Optional Items Financal Transaction Report (FTR) 4,000 4,080 4,162 4.245 4,330 Annual Street Report 3,000 3,060 3,121 3,184 3,247 Assistance with GASB 68 accounting entries *** Total for Fiscal Year (not -to -exceed) With Optional Items S 55,5001 S 56,6101 S 57,742 S 58,897 S 60,073 * per single audit program or cluster * * quoted prices are fixed rate, no variable or out of pocket expenses *** Eide Bailly will provide accounting entry assistance for GASB 68 & GASB 75 (if needed) free of charge if awarded con CITY O[[4MPBRL Manner ofPayment Provided below are the details from Attachment B — in the Request for Proposal: Name nfFirm: Eide8ai|IV LLP Address: 2GOSheridan Ave, Suke44U Palo Alto, CA943O6 Contact Name: AhmadGharuibeh.CPA Contact Phone: 650.462.0400 Contact Fax: 650.462.0500 Contact E-mail: agharaibeh@eidebailly.com Auditor's Standard Billing Rates