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<br />Auditor Selection Process <br />2/16/2006 <br />Page 2 <br /> <br />. Field work is smooth and less taxing on staff. <br /> <br />Cons: <br /> <br />. Unless an organization bids, it never knows if they are receiving a competitive price. It <br />may force the current auditor to give a lower price for retention purposes. <br />. A long-term finance employee can learn the auditor's audit techniques and can work to <br />their benefit. <br />. An organization may not receive a fresh perspective if they receive services from the <br />same auditor year after year. A standardized treatment. <br /> <br />If the City chooses to place an RFP for audit services, the process should start in early summer <br />and concluded no later than the end of summer, with selection made no later than the start of fall. <br /> <br />RECOMMENDATION <br />Staff is providing Council information for the Council to solicit an RFP for the City's Annual <br />Audit Services. <br /> <br />. <br /> <br />. <br /> <br />. <br />