Town of Lake Placid Header

AGENDAS/MINUTES TOWN COUNCIL BUDGETS TOWN CODE RECORDS REQUEST
COVID19
ADMINISTRATION PARKS POLICE DEPARTMENT RECREATION PUBLIC WORKS / SANITATION / CEMETERY OPS CEMETERY OPERATIONS CEMETERY RULES WATER/UTILTIES/ENGINEERING
TOWN MEETINGS AND EVENTS AT TOWN HALL TOWN PARKS / RECREATION CALENDARS GARBAGE PICK UP CALENDAR LP GOVERNMENT CENTER RESERVATIONS CALENDAR 2020-2021 Holiday Sanitation Schedule and Town Meetings Scehules
RESERVE FACILITY
PLANNING COMMUNITY REDEVELOPMENT LONG RANGE TRANSORTATION PLAN
PUBLIC COMMENT PERIOD GRANT 060220 REQUEST FOR BIDS/PROPOSALS EMPLOYMENT EMPLOYMENT APPLICATION FAIR HOUSING
WEBSITE DISCLAIMER VENDOR DISCLAIMER ADA ACCESSIBILITY SITE MAP LINKS TO OTHER LOCAL PAGES
FORMS
PUBLIC WORKS / SANITATION / CEMETERY OPS GARBAGE PICK UP CALENDAR 2020-2021 Holiday Sanitation Schedule and Town Meetings Schedules
PAY BILL
I WANT TO
NOW HIRING




QUESTIONS AND ANSWERS REGARDING  

ACTIVE REQUEST FOR BIDS

RFP 2021-08 EXTERNAL AUDIT SERVICES
Posted 08/21/21
Closes 12/10/21 @ 2 PM

__________________________________


· What has the fee been for the last 3 audit periods?
ANSWER Progress billing for auditing services was $25,000 for 2020, $24,900 for 2019 and $24,500 for 2018.

· Were there any additional billings and if so, what were they for?
ANSWER  No additional billings for calls, emails or questions.

· Is the CRA included in the proposal? Is the individual CRA audit included in this proposal?
ANSWER  CRA for Lake Placid have yet to meet the specified $100,000 threshold specified in Section 163.387(8)(a), Florida Statutes.

· One part of the RFP indicates the Town will prepare the financial statements, but another part is requesting the auditor to prepare. Can you clarify who would be responsible for preparing the Annual Financial Comprehensive Report?
ANSWER: Sorry for the confusion. The auditor will be expected to prepare the Annual Financial Comprehensive Reports.

· Could you provide the most recent completed CAFR?
ANSWER  2020 Annual Financial Comprehensive Report is attached.

· Is a single audit typically not necessary?
ANSWER   The Town does not normally meet the requirement for a single audit. The last single audit was performed in 2017 and before that around 2005.

· Please confirm this proposal is for the first period under audit of 9/30/22?
ANSWER  This proposal for auditing services is for the fiscal year ending 9/30/22. Changing auditors this close to the end of a fiscal year is not a standard we practice.


FINANCIAL STATEMENTS
https://www.mylakeplacid.org/towndocs/RFP/2020 Town of Lake Placid, Florida.pdf

______________________________________________