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Contract - Audit Services
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INFORMATION CONTACT:
Beverly Liles, Finance, Director, 704-283-3675
ACTION REQUESTED:
1) Approve contract with Cherry Bekaert, LLP to conduct the financial audit for FY 2024 and 2) authorize the Chairman to execute the contract.
PRIOR BOARD ACTIONS:
1) April 18, 2022, Regular Meeting, Agenda Item # 22-212 - Approved FY2022 Financial Audit Contract #7531 and authorized Chairman to execute.
2) May 5, 2023, Regular Meeting, Agenda Item # 23-236 - Approved FY2023 Financial Audit Contract #7531 and authorized Chairman to execute.
BACKGROUND:
Through Request for Proposals (RFP) #2022-039, Cherry Bekaert, LLP was awarded the financial audit contract to provide auditing services for Union County. As required by the North Carolina Local Government Commission (LGC), the auditing contract must be awarded on an annual basis with approval from the Board of Commissioners. This request is to award a contract to Cherry Bekaert to perform the financial audit of the County's accounting records for FY 2024.
FINANCIAL IMPACT:
The total FY24 cost for the auditing services will be $126,000 to perform the financial audit and prepare the Single Audit, as well as $5,000 for each Single Audit program over five.