Number
R_12930
Version
Original
Reference
Original award: R_12575 (10/9/13)
Amend 1: R_12662 (12/11/14)
Amend 2: R_12736 (12/9/15)
Sponsor
The Chair
Title
Resolution approving Amendment No. 4 to contract No. 13-022 with Baker Tilly Virchow Krause, LLP for auditing services for calendar year 2017
The staff of the Authority desires to exercise the 4th and final option to renew the contract with Baker Tilly Virchow Krause, LLP for the term of January 1, 2018 through December 31, 2018 to perform the 2017 audit in the amount of $140,700.00 with an increase in the hourly rates accordingly. The current contract authority is a not-to-exceed amount of $522,975.00. The amendment would bring the total not-to-exceed amount to $663,675.00 and extend the contract period to December 31, 2018.
Analysis
Body
WHEREAS, the Housing Authority of the City of Milwaukee (Authority) authorized and approved the entering into of a contract between Baker Tilly Virchow Krause, LLP and the Authority for auditing services for the year ended December 31, 2013 by adoption of Resolution No. 12575 on October 9, 2013; and
WHEREAS, Article 3.2(1) of the contract allows for options to renew for four additional one-year terms and Baker Tilly Virchow Krause, LLP has agreed to renew for an additional year; and
WHEREAS, staff of the Authority has determined that the hourly rates and all-inclusive fees reflected in the Contractor’s proposal for the 2017 audit are reasonable; and
WHEREAS, the staff of the Authority desires to exercise the 4th and final option to renew the contract with Baker Tilly Virchow Krause, LLP for the term of January 1, 2018 through December 31, 2018 to perform the 2017 audit in the amount of $140,700.00 with an increase in the hourly rates accordingly;
WHEREAS, the current contract authority is a not-to-exceed amount of $522,975.00. The amendment would bring the total not-to-exceed amount to $663,675.00 and extend the contract period to December 31, 2018; now, therefore, be it
RESOLVED, by the Commissioners of the Housing Authority of the City of Milwaukee that they be and hereby authorize and approve entering into Amendment No. 4 with Baker Tilly Virchow Krause, LLP for auditing services for the year ended December 31, 2016, increasing Contract No. 13-022 by $140,700.00, and increasing the hourly rates accordingly, bringing the total amount of the contract to an amount not to exceed $663,675.00; and, be it
FURTHER RESOLVED, that all other terms and conditions of the subject contract, not hereby amended, shall remain unmodified and in full force and effect; and, be it
FURTHER RESOLVED that the proper officers of the Authority be and hereby are authorized and directed to execute, for and on behalf of the Authority, Amendment No. 4 to Contract No. 13-022 to effectuate the intent and purpose of this Resolution.
Requestor
Drafter
Purchasing, January 5, 2018