Article IX Section 2 of H-GAC’s Bylaws requires that the organization conduct an annual independent audit.  H-GAC’s various state and federal contracts also require an independent audit with reports on compliance which meet state and federal standards.

The Audit Committee directed staff to solicit proposals for audit services consistent with the previous procurement terms.  Staff prepared a Request for Qualifications, advertised the solicitation for proposals and distributed the document to all interested parties. Three firms responded and were evaluated by H-GAC staff including the Executive Director, Chief Financial Officer, Manager of Internal Audit and the Director of Human Services.  Below is a listing of the audit firms that proposed and their respective scores awarded by staff:

(1) Whitley Penn (1,650 points)

(2) Patillo Brown & Hill (1,525 points)

(2) McConnell & Jones (1,525 points)

An Audit Committee meeting is scheduled for October 16, 2018 to review the recommendations of staff and select the audit firm for the 2018 audit engagement.

Indirect Budget

Yes

Request authorization to negotiate a contract with the firm selected by the Audit Committee for independent audit services. (Staff Contact: Charles Hill)