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File #: AR-17-344    Version: 1 Name:
Type: Agenda Reports Status: Agenda Ready
File created: 6/26/2017 In control: City Council
On agenda: 8/21/2017 Final action:
Title: Appointment of Auditors Presented by: Brenda Barclay, Manager of Financial Operations & Reporting

Appointment of Auditors
Presented by: Brenda Barclay, Manager of Financial Operations & Reporting

That KPMG be appointed as the City’s auditor for the 2017 - 2021 fiscal year ends (5 year term).

To provide Council the results of the invitation to tender for external audit services and to provide a recommendation for the appointment of the City’s auditor.




Section 280 (1) of the Municipal Government Act stipulates that a council must appoint an auditor for the municipality. For the last 6 years (a three year contract plus a 3 year extension), Deloitte has been the City’s appointed Auditors. There are no further extension opportunities under this contract.

On May 24, 2017 the City issued an Invitation to Tender (ITT17-0044) for External Financial Audit Services. The contract contemplates a 5 year contract (plus an option for a 4 year extension).

The recommendation to execute a 5 year contract was to provide alignment with the new 4 year term of Council as well as to ensure any potential transition does not occur in the year of a Municipal election in the future.

Five proposals were received and evaluated based on five criteria.

In order to qualify for consideration, audit firms must meet the following mandatory requirements:
· Independent and licensed to practice in Alberta.
· No conflict of interest with regard to any other work performed by the firm for the City.
· A corporate location within the Edmonton Capital Region from where the City’s audit would be directed.
· Demonstrated experience in the provision of audit services to at least two Canadian municipalities by the Edmonton corporate office.

The ITT was posted on the APC site and 5 firms submitted proposals. The following set of criteria was used to evaluate each proposal:
· Project Team - qualifications ability and public sector/municipal experience and ...

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