Subject
title
Agreement for Independent Annual Financial Auditing Services
overview
Overview
On October 23, 2023, the Board of Directors authorized the release of a request for proposals for an independent public accounting firm to perform annual financial and compliance audits and agreed-upon procedures reviews of the Orange County Transportation Authority and related agencies for the fiscal years ending June 30, 2024, 2025, and 2026. Proposals were received and evaluated in accordance with the Orange County Transportation Authority’s procurement procedures for professional and technical services. Board of Directors’ approval is requested to select a public accounting firm to perform independent annual financial auditing services.
recommendation
Recommendations
A. Approve the selection of Eide Bailly LLP, as the firm to provide independent annual financial auditing services.
B. Authorize the Chief Executive Officer to negotiate and execute Agreement No. C-3-2931 between the Orange County Transportation Authority and Eide Bailly LLP, in the amount of $1,715,487, to provide independent annual financial auditing services for a three-year initial term with one, two-year option term.