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HomeMy WebLinkAboutbocc.con.126.2013 Rev. 08-30-11 jls COUNTY CLERK'S CONTRACT COVERSHEET CONTRACT #: 126-2013 ORIGINATING DEPARTMENT: Finance PROCUREMENT OFFICER: John Redmond PHONE#: 920-5225 PROJECT NAME: 2012 Annual Audit CONTRACTOR: Eide Bailly DOLLAR AMOUNT: 71 500.00 LINE ITEM# 001.16.D0000.82000 CONTRACT EXECUTION DATE: 1/3/2013 CONTRACT END DATE: 12/31/2013 AUTOMATIC RENEWAL: ❑ YES �NO TERM: 1 year ❑ BOCC AGENDA ITEM(Grants, IGA) ❑ STAFF AUTHORIZED SIGNATURE (Requires BOCC Signature) (Per Revised Procurement Code 7/2005) � OVER$50,000(Requires Section Leader&County Manager's Signature) ✓ CHECK PROCUREMENT TYPE: ❑None ❑ Informal ❑ Formal � Sole Source ❑ Emergency ❑ Outside Agency/State Bid ❑ Compliance with C.R.S. 8-17-5-101, 102 as amended(Im.migration Form) ❑ Exempt ❑ Contract Renewal ✓ CHECK CONTRACT TYPE: � Services/Maintenance ❑ Employment ❑ License/Use ❑ Intergovernmental Agreement(Resolution Required) ❑ Lease ❑Non-Profit ❑ Construction ❑ Quasi-Public(e.g.-AVH) ❑ Goods,Equipment, Supplies ❑ Grant Agreements(Notify Finance&Resolution Required) ❑ Other(e.g. revenue) ❑ Change Order/Contract Amendment (C/O: 10%or$25K whichever is the lesser must have County Manager signature) All Contracts should be proofed and all e�chibits and notices must be attached for the following: ✓ �No Pages Missing ✓�All Other Blanks Filled In ✓ � If Page Left Intentionally Blank—Note on Page ✓� All E�ibits Attached ✓ � Page numbered consecutively ✓❑ All Legal Descriptions attached (rf applicable) ✓ � All Original Signatures Affixed ✓❑Notice of Award/Notice to Proceed Attached ('�applicable, ✓ � All Dates Filled In ✓❑ Warranty(if applicable) ✓ ❑ Special Instructions for Finance Department: ✓ � Authorized Procurement Officer's Name: John Redmond iiY CHECKING ABOV.F.. AND ENTFRING NAMF,,THF AUTHORIZED STAFF PFRSON INDICATF.S TNAT T.HF ATTACHFD DC)CUMFNT HAS I�FFN PROOF.F.D AND READY FOR SCANNING. NOTE: CLERK'S OFFICE WILL KEEP ORIGINAL DOCUMENTS IN COMPLIANCE WITH COLORADO STATE ARCHNES RETAINAGE SCHEDULE. ALL ATTACHMENTS MUST BE WITH THIS CHECKLIST! 1 � � ��� � ��- 2 Contract# 126-2013 Rev 8.25.11 jaa Budget Line Item#001.16.00000.82000 PITKIN COUNTY SOLE SOURCE PROCUREMENT JUSTIFICATION REQUEST TO: Jon Peacock, County Manager DATE: February 20, 2013 FROM: John Redmond Proposed Contractor: Eide Bailly Product/Service: 2012 Audit Estimate expenditure for the above construction service: $ 71 500 This form is required, and is to aid you, in documenting your Sole Source request. Complete all portions of this form. This purchase is clearly and legitimately limited to a Single or Sole Source. (Examples: original manufacturer, no regional distributor, standardization etc): Explain: Savings of 10% is projected in the 2013 contract. This contract will go out to bid for 2014 and beyond services during the summer/fall of this year. The undersigned requests that Pitkin County waive other procurement requirements and recognize this transaction as a sole source exception to the Pitkin County Procurement Code. _ z� 3 ����� l- �� D ment Head Date Section H ad Date Approved �� Denied Reason for Denial: Jon Peacock, C Manager a e � Note: Every effort should be made to obtain a written contract when otherwise required under County procedures. When a contract is obtained, complete the Clerk's check list and send the original signed contract with coversheet to clerk's office for archiving. � .� �. _,. �._-. _ _ _ _ _ �j � a�...,�- �a� � Service Contract# 126-2013 Rev.02/06/20121m Budget Line Item# 001.16.00000.82000 �'�'.�I� ����.T�'�`� � ��� ������ ��� .s�.� CONTRACT FOR PROVISION OF SERVICES THIS CONTRACT is made and entered by and between the Pitkin County Board of County Commissioners ("County") and Eide Bailly (hereinafter"Contractor"). 1. Term. The term of this contract is from 1/1/2013 to 12/31/2013. 2. Contractor's Obli at�. Contractor shall perform services necessary to complete the 2012 Annual Audit: 2012 Fi_nancial Statement Audit; A-133 Federal Compliance Audit, PFC Audit; Prior year follow up for Yellow Book issues and A-133 findings. See attached Exhibit A. 3. Compensation and Expenses, Invoicin�yment and Offset. The County shall compensate Contractor for its services in accordance with the Project Budget and Schedule set out in Paragraph 2. It is expressly understood and agreed that in no event will the total compensation and reimbursement to be paid hereunder exceed the sum of$71,500 for all services rendered. By contract or amendment, the County and Contractor may reallocate the budget among project tasks if the total budget amount remains unchanged. Contractor shall invoice for the project monthly based on hours worked, with payment expected within thirty (30) days of invoice, but any payment by the County may be offset by any amount the Contractor owes the County for any reason. 4. County's Exclusive Ownership of Work Product. Drawings, specifications, guidelines and other documents prepared by Contractor in connection with this contract shall be the property of the County. However, Contractor shall have the right to utilize such documents in the course of its marketing, professional presentations, and for other business purposes. Contractor assigns to County the copyrights to all work prepared, developed, or created pursuant to this contract, including the right to: 1) reproduce the work; 2) prepare derivative works; 3) distribute copies to the public; 4) perform the works publicly; and 5) to display the work publicly. Contractor shall have right to use materials produced in the course of this contract for marketing purposes and professional presentations, articles, speeches and other business purposes. 5. Pitkin Countv's Obli atg ions. Pitkin County shall administer this contract through a County Representative. :Tohn Redmond will manage the project as the County's Representative. In the event that John Redmond is not available, Amy Carter shall assume the County Representative's duties. The services provided and products delivered by the Contractor under this contract will be subject to review by the County's Representatives, or a designee, for compliance with Contractor's obligations prior to final payment. 6. Termination Prior to Exniration of Contract Term. The County has the right to terminate this contract, with or without cause, by giving written notice to the Contractor of such termination and specifying the effective date thereof. Such notice shall be given at least ten (10) days before the . S effective date of such termination. In such event all finished or unfinished documents, data, studies and reports prepared by the Contractor pursuant to this contract shall become the County's property. Contractor shall be entitled to receive compensation in accordance with the contract for any satisfactory work completed pursuant to the terms of this contract prior to the date of termination. Not withstanding the above, Contractor shall not be relieved of liability to the County for damages sustained by the County by virtue of any breach of the contract by the Contractor. 7. Independent Contractor Status. A. The parties to this contract intend that the relationship between them contemplated by the contract is that of independent contractor. Contractor, and any agent, employee, or servant of Contractor shall not be deemed to be an employee, agent, or servant of Pitkin County. B. Contractor is not required to offer his services exclusively to Pitkin County under this contract. Contractor may choose to work for other individuals or entities during the term of this contract, provided that the basic services and deliverable products required under this contract are submitted in the manner and on the schedule defined under this contract. C. Contractor warrants that all work produced will conform to all applicable industry standard of care, skill and diligence in the performance of Contractor's obligations under this contract. D. Contractor shall not attempt to oversee or supervise the work or actions of any Pitkin County employee, servant or agent in the course of completing work under this contract. E. Contractor is not entitled to any Workers' Compensation benefits through Pitkin County and is responsible for payment of any federal, state, FICA and other income t�es. 8 Assignabilitv. This contract is not assignable by either party. Any use of subcontractors by the Contractor for performance of this contract must be accepted in writing by the County. 9. Bindin� Arbitration. Any disputes arising out of this contract shall be subject to binding arbitration. The parties agree that any disputes concerning the terms and conditions of this contract shall be submitted and finally settled by arbitration. Arbitration shall be conducted pursuant to the rules of the American Arbitration Association and shall be presided over by the Pitkin County Hearing Officer appointed to arbitrate Pitkin County contract disputes. Costs of the arbitration shall be awarded to the substantially prevailing party. 10. Severabilitv. In the event that any provision of this contract shall be held to be invalid or unenforceable, the remaining provisions of this contract shall remain valid and binding upon the parties hereto. 11: Integration and Modification. A. This contract represents the entire and integrated contract between the County and the Contractor and supersedes all prior negotiations, representations, or contract, either written or oral. This contract may be amended only by written contract signed by both the County and the Contractor. B. The County may, from time to time, request changes in the scope of services of the Contractor to be performed hereunder. Such changes, including the increase or decrease in the � amount of the Contractor's compensation, which are mutually agreed upon between the County and the Contractor, shall be in writing and upon execution shall become part of this contract. 12. Indemni . A. The Contractor agrees to indemnify,hold harmless and, not excluding the County's right to participate, defend the County, its subsidiary, parent, associated and/or afFiliated entities, successors, or assigns, its elected officials, trustees, employees, agents, volunteers, and any jurisdiction or agency issuing permits for any work included in the project,hereinafter referred to as indemnitee,from all suits and claims, including attorney's fees and cost of litigation, actions, loss, damage, expense, cost or claims of any character or any nature arising out of the work done in fulfillment of the terms of this Contract or on account of any act, claim or amount arising or recovered under workers' compensation law or arising out of the failure of the Contractor to conform to any statutes, ordinances, regulation, law or court decree. It is agreed that the Contractor will be responsible for primary loss investigation, defense and judgment costs where this contract of indemnity applies. In consideration of the award of this contract, the Contractor agrees to waive all rights of subragation against the County its subsidiary, parent, associated and/or affiliated entities, successors, or assigns, its elected officials, trustees, employees, agents, and volunteers for losses arising from the work performed by the Contractor for the County. B. The Contractor further shall investigate, process, respond to, adjust, provide defense for and defend, pay or settle all claims, demands, or lawsuits related hereto at its sole expense and shall bear all other costs and expenses related thereto, even if the claim, demand or lawsuit is groundless, false or fraudulent. 13. Insurance. Contractor and subcontractors shall procure and maintain until all of their obligations have been discharged, including any warranty periods under this Contract are satisfied, insurance against claims for injury to persons or damage to property which may arise from or in connection with the performance of the work hereunder by the Contractor, its agents, representatives, employees or subcontractors. The insurance requirements herein are minimum requirements for this Contract and in no way limit the indemnity covenants contained in this Contract. The County in no way warrants that the minimum limits contained herein are sufficient to protect the Contractor from liabilities that might arise out of the performance of the work under this Contract by the Contractor, its agents, representatives, employees, or subcontractors. The Contractor shall assess its own risks and if it deems appropriate and/or prudent, maintain higher limits and/or broader coverages. The Contractor is not relieved of any liability or other obligations assumed or pursuant to the Contract by reason of its failure to obtain or maintain insurance in sufficient amounts, duration, or types. A. Coverage and Limits of Insurance: Contractor shall provide coverage with limits of liability not less than those stated below. An umbrella and/or excess liability policy may be used to meet the minimum liability requirements provided that the coverage is written on a"following form" basis. 1. Statutory Workers' Compensation: Colorado statutory minimums �' -,:,..,.�,�:.- .� ,�,� ,�..�:,.�M.a_w....�����.�..�,.�.�.�_:�.�__ . _ a. Policy shall contain a waiver of subrogation against the County. b. This requirement shall not apply when a contractor or subcontractor is exempt under Colorado Workers' Compensation Act., AND when such contractor or subcontractor executes the appropriate sole proprietor waiver form. Minimum Limits: Coverage A(Workers' Compensation) Statutory Coverage B (Employers Liability) $ 500,000 $ 500,000 $ 500,000 2. Commercial General Liability–ISO 1 CG 0001 form or equivalent (With C'ounty named additional insured) Minimum Limits: General Aggregate $ 2,000,000 Products/Completed Operations Aggregate $ 2,000,000 Each Occurrence Limit $ 1,000,000 Personal/Advertising Injury $ 1,000,000 Fire Damage(Any One Fire) $ 50,000 Medical Payments(Any One Person) $ 5,000 Coverage to include: • Premises and Operations • Explosions, Collapse and Underground Hazards • Personal/Advertising Injury • Products J Completed Operations • Liabiliiy assumed under an Insured Contract(including defense costs assumed under contract) • Independent Contractors • Designated Construction Projects(s) General Aggregate Limit, ISO CG 2503 (1997 Edition or equivalent) • Additional Insured—Owners, Lessees or Contractors Endorsement, ISO Form 2010 (2004 Edition or equivalent) • Additional Insured—Owners, Lessees or Contractors Endorsement, ISO CG 2037 (2004 Edition or equivalent) • The policy shall be endorsed to include the following additional insured language on the Additional Insured Endorsements specified above: "County, its subsidiary, parent, associated and/or affiliated entities, successors, or assigns, its elected officials, trustees, employees, agents, and volunteers named as an additional insured with respect to liability and defense of suits arising out of the activities performed by, or on behalf of the Contractor, including completed operations". 3. Auto Liability: Bodily injury and property damage for any owned, hired, and non- owned vehicles used in the performance of this Contract. g ., _ .�.�. Minimum Limits: Bodily Injury/Property Damage(Each Accident) $ 1,000,000 4. Special Coverages (check as appropriate and insert amount): ❑(1) Performance Bond $ ❑Labor and Material $ ❑Payment Bond $ ❑ (2)Professional Errors and Omissions ❑(3)Aircraft Liability ❑(4) Owner's Protective ❑(5)Builder's Risk ❑(6)Boiler and Machinery ❑ (7)Loss of Use Insurance ❑(8)Pollution Liability ❑(9) Crime, including Employee Dishonesty Coverage, or Fidelity Bond B. Proof of Insurance: 1. Each insurance policy required by the insurance provisions of this Contract shall provide the required coverage and shall not be suspended, voided or canceled except after thirty (30) days prior written notice has been given to the County, except when cancellation is for non-payment of premium, then ten (10) days prior notice may be given. Such notice shall be sent directly to (County Representative's Name & Address). If the insurance carrier will not provide the required notice, the Consultant/Coniractar and or its insurance broker shall notify the County of any cancellation, or reduction in coverage or limits of any insurance within seven(7)days of receipt of insurers' notification to that effect. Simultaneously with the Certificates of Insurance, the Contractor sha11 file with the Procurement Officer a certified statement as to claims pending against the required coverages, reserves established on account of such claims, defense costs expended and amounts remaining on policy limits. 2. In addition,these Certificates of Insurance shall contain the foliowing clauses: a. The contractor's insurance shall be primary and non-contributory with any insurance or self-insurance purchased by the County. b. The insurance companies issuing the policy or policies hereunder shall have no recourse against the County of Pitkin for payment of any premiums or for assessments under any form of policy. c. Any and a11 deductibles or self insured retentions in the above-described insurance policies shall be assumed by and be for the amount of, and at the sole expense of the Contractor. � d. Location of operations shall be: "all operations and locations at which work for the referenced Project is being done.'' 3. Certificates of Insurance for a11 renewal policies sha11 be delivered to the County's Representative at least fifteen (15) days prior to a policy's expiration date except for any policy expiring on the expiration date of this contract or thereafter. 4. The County reserves the right to request and receive a copy of any policy and any policy endorsement at any time during the term of this contract. 14. Exemptions and Preferences. All purchases of construction or building or any other materials for this contract shall not include Federal Excise Taxes or Colorado State or local sales or use taxes. Pitkin County is exempt from such taxes under registration numbers 98-02624 and 84-78000-SK. 15. Records. The Contractor shall maintain comprehensive, complete and accurate books, records, and documents concerning its performance relating to this contract for a period of three (3) years after final payment under the contract and the County shall have the right within the three (3) year period to inspect and audit these books, records and documents, upon demand, in a reasonable manner and at reasonable times, for the purpose of determining, by accepted accounting and auditing standards, compliance with all provisions of the contract and applicable law. 16. Contract Made in Colorado. The parties agree that this contract was made in accordance with the laws of the State of Colorado and shall be so construed. Venue is agreed to be exclusively in the courts of Pitkin County, Colorado. 17. Attorne 's Fees. In the event that legal action is necessary to enforce any of the provisions of this contract beyond the arbitration described in Paragraph 9, the substantially prevailing party shall be entitled to its costs and reasonable attorney's fees. 18. Governmental Immunitv. Contractor agrees and understands that Pitkin County is relying on and does not waive, by any provision of this contract, the monetary limitations or terms (presently $150,000 per person and $600,000 per occurrence) or any other rights, immunities, and protections provided by the Colorado Governmental Immunity Act, § 24-10-101, et seq., C.R.S., as from time to time amended, or otherwise available to Pitkin County or any of its officers, agents or employees. Further, nothing in this contract shall be construed or interpreted to require or provide for indemnification of the Contractor by the County for any injury to any person or any property damage whatsoever which is caused by the negligence or other misconduct of the County or its agent or employees. 19. Current Year Obli at�ns. The parties acknowledge and agree that any payments provided for hereunder or requirements for future appropriations shall constitute only currently budgeted expenditures of Pitkin County. Pitkin County's obligations under this contract are subject to Pitkin County's annual right to budget and appropriate the sums necessary to provide the services set forth herein. No provisions of the contract shall constitute a mandatory charge or requirement in any ensuing fiscal year beyond the then current fiscal year of Pitkin County. No provision of the contract shall be construed or interpreted as creating a multiple-fiscal year direct or indirect debt or other financial obligation of Pitkin County within the meaning of any constitutional or statutory debt ta limitation. This contract shall not directly or indirectly obligate Pitkin County to make any payments beyond those appropriated for Pitkin County's then current fiscal year. No provisions of this contract shall be construed to pledge or create a lien on any class or source of Pitkin County's moneys, nor shall any provision of this contract restrict the future issuance of Pitkin County's bonds or any obligations payable from any class or source of Pitkin County's money. 20. Notice. Any written notice required by this contract shall be deemed delivered through any of the following: (1) hand delivery to the person at the address below; (2) delivery by facsimile with confirmation of receipt to the fax number below; or (3) within three (3) days of being sent certified first class mail, postage prepaid, return receipt requested addressed as follows: A. To Pitkin County with copies to: Jolin Redmond Pitkin County Attorney's Office 5�0 E Main St Ste 201 530 E. Main Street, #302 Aspen, Colorado 81611 Aspen, C;olorado 81611 Fax: (970) 920-5230 F�: (97�0) 920-5198 B. To Contractor: I;ide I3aillv: 440 Indiana St Ste. 200 Golden, C'O 80�01 "I��l: 303-986-?454 Fax: 303-980-5029 21. Public Contracts for Services and Public Contracts with Natural Persons. In conformance with the provisions of C.R.S. § 8-17.5-101 and 102, as amended and C.R.S. § 24-76.5-101, as amended PUBLIC CONTRACTS FOR SERVICES. CRS §8-17.5-101. [NotApplicable to agreements relating to the offer, issuance, or sale of securities, investment advisory services or fund management services, sponsored projects, intergovernmental agreements, or information technology services or products and services] Contractor certifies, warrants, and agrees that it does not knowingly employ or contract with an illegal alien who will perform work under this contract and will confirm the employment eligibility of all employees who are newly hired for employment in the United States to perform work under this contract,through participation in the E-Verify Program or the Department program established pursuant to CRS §8-17.5-102(5)(c), Contractor shall not knowingly employ or contract with an illegal alien to perform work under this contract or enter into a contract with a subcontractor that fails to certify to Contractor that the subcontractor shall not knowingly employ or contract with an illegal alien to perform work under this contract. Contractor (a) shall not use E-Verify Program or Department program procedures to undertake pre-employment screening of job applicants while this contract is being performed, (b) shall notify the subcontractor and the contracting State agency within three days if Contractor has actual knowledge that a subcontractor is employing or contracting with an illegal alien for work under this contract, (c) shall terminate the subcontract if a subcontractor does not stop employing or contracting with the illegal alien within three days of receiving the notice, and(d) shall comply with reasonable requests made in the course of an investigation, undertaken pursuant to CRS §8-17.5-102(5), by the Colorado Department of Labor and Employment. If Contractor participates in the Department program, Contractor shall deliver to the contracting State agency, Institution of Higher Education or political subdivision a written, notarized affirmation, affirming that Contractor has examined the legal work t� status of such employee, and shall comply with all of the other requirements of the Department program. If Contractor fails to comply with any requirement of this provision or CRS §8-17.5-101 et seq.,the contracting State agency, institution of higher education or political subdivision may terminate this contract for breach and, if so terminated, Contractor shall be liable for damages. PUBLIC CONTRACTS WITH NATURAL PERSONS. CRS §24-76.5-101. Contractor, if a natural person eighteen(18)years of age or older, hereby swears and affirms under penalty of perjury that he or she (a) is a citizen or otherwise lawfully present in the United States pursuant to federal law, (b) shall comply with the provisions of CRS §24-76.5-101 et seq., and (c)has produced one form of identification required by CRS §24-76.5-103 prior to the effective date of this contract. IN WITNESS WHEREOF, the parties have executed this contract as of the date first set out herein above. CONTRACTOR: By: �� � � Title ����f1�` 3/j1/ 3 Date PITKIN COUNTY, COLORADO: l ,/ Z z� l� By: � ��2y°��---�// �ithorized Signer Date By ,:. ,/� Jon Peacock, ounty Manager � Z Exhibit A / �� EideBailly �� CPA,�&kiUSIN6SS AllV[S(.�KS January 3,2013 Board of County Commissioners c/o John Redmond,Finance Director Pitkin County 530 E.Main Street, Suite 201 Aspen,CO 81611 Members of the Board: We are pleased to confirm our understanding of the services we are to provide Pitkin County for the December 31, 2012. We will audit the financial statements of the governmental activities,the business-type activities,the aggregate discretely presented component units, each major fund,and the aggregate remaining fund information, which collectively comprise the basic financial statements,of Pitkin County as of and for the December 31,2012. Accounting standards generally accepted in the United States of America provide for certain required supplementary information(RSI),such as management's discussion and analysis(MD&A),to supplement Pitkin County's basic financial statements. Such information,although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational,economic,or historical context. As part of our engagement,we will apply certain limited procedures to Pitkin County's RSI in accordance with auditing standards generally accepted in the United States of America.These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries,the basic financial statements,and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures,but will not be audited: 1) Management's Discussion and Analysis. 2) Budgetary Comparison Schedules 3) Notes to RSI We have also been engaged to report on supplementary information other than RSI that accompanies Pitkin County's financial statements. We will subject the following supplementary information to the auditing procedures applied in our audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves,and other additional procedures in accordance with auditing standards generally accepted in the United States of America and will provide an opinion on it in relation to the financial statements as a whole: 1) Schedule of expenditures of federal awards 2) Combining statements and individual fund statements 3) Combined Schedule of cash and investments 4) Combined Schedule of governmental revenue by source 5) Local highway finance report � 1 www.eidebailly.com 440 Indiona St.,Ste.200 � Golden,CO 80401-5021 � TF 877.882.7929 � T 303.986.2454 ( F 303.980.5029 � EOE (� � �,�..,..� ,�.�,.,.����„�.�u.�..���.��e., ��._ _w_..�._,�.__ ._k_.. . __ The following other information accompanying the financial statements will not be subjected to the auditing procedures applied in our audit of the financial statements,and our auditor's report will not provide an opinion or any assurance on that other information. 1) Statistical Data 2) Introductory Section Audit Objectives The objective of our audit is the expression of opinions as to whether your basic financial statements are fairly presented,in all material respects, in conformity with U.S.generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole.The objective also includes reporting on— • Internal control related to the financial statements and compliance with the provisions of laws,regulations, contracts,and grant agreements,noncompliance with which could have a material effect on the financial statements in accordance with Government Auditing Standards. • Internal control related to major programs and an opinion(or disclaimer of opinion)on compliance with laws,regulations,and the provisions of contracts or grant agreements that could have a direct and material effect on each major program in accordance with the Single Audit Act Amendments of 1996 and OMB Circular A-133,Audits of States, Local Governments, and Non-Profit Organizations. The reports on internal control and compliance will each include a statement that the report is intended solely for the information and use of management,the body or individuals charged with governance,others within the entity specific legislative or regulatory bodies, federal awarding agencies, and if applicable,pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America;the standards for financial audits contained in Government Auditing Standards,issued by the Comptroller General of the United States;the Single Audit Act Amendments of 1996;and the provisions of OMB Circular A-133,and will include tests of accounting records,a determination of major program(s)in accordance with OMB Circular A-133,and other procedures we consider necessary to enable us to express such opinions and to render the required reports. If our opinions on the financial statements or the Single Audit compliance opinions are other than unqualified(unmodified),we will discuss the reasons with you in advance. If, for any reason,we are unable to complete the audit or are unable to form or have not formed opinions, we may decline to express opinions or to issue a report as a result of this engagement. Management Responsibilities Management is responsible for the basic financial statements and all accompanying information as well as all representations contained therein. Management is also responsible for identifying government award programs and understanding and complying with the compliance requirements,and for preparation of the schedule of expenditures of federal awards in accordance with the requirements of OMB Circular A-133. You are responsible for making all management decisions and performing all management functions relating to the financial statements,schedule of expenditures of federal awards,and related notes and for accepting full responsibility for such decisions.Further,you are required to designate an individual with suitable skill,knowledge,or experience to oversee any nonaudit services we provide and for evaluating the adequacy and results of those services and accepting responsibility for them. 2 �� Management is responsible for establishing and maintaining effective internal controls,including internal controls over compliance,and for evaluating and monitoring ongoing activities,to help ensure that appropriate goals and objectives are met and that there is reasonable assurance that government programs are administered in compliance with compliance requirements.You are also responsible for the selection and application of accounting principles;for the fair presentation in the financial statements of the respective financial position of the governmental activities,the business-type activities,the aggregate discretely presented component units,each major fund,and the aggregate remaining fund information of the Pitkin County and the respective changes in financial position and,where applicable, cash flows in conformity with U.S. generally accepted accounting principles;and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements. Management is also responsible for making all financial records and related information available to us and for ensuring that management is reliable and financial information is reliable and properly recorded.You are also responsible for providing us with(1)access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements,(2)additional information that we may request for the purpose of the audit,and(3)unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence. Your responsibilities also include identifying significant vendor relationships in which the vendor has responsibility for program compliance and for the accuracy and completeness of that information.Your responsibilities include adjusting the financial statements to correct material misstatements and confirming to us in the written representation letter that the effects of any unconected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial,both individually and in the aggregate,to the financial statements taken as a whole. You are responsible for the design and implementation of programs and controls to prevent and detect fraud,and for informing us about all known or suspected fraud or illegal acts affecting the government involving(1) management, (2)employees who have significant roles in internal control,and(3)others where the fraud or illegal acts could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees,former employees,grantors,regulators,or others. In addition,you are responsible for identifying and ensuring that the entity complies with applicable laws,regulations,contracts, agreements,and grants.Additionally,as required by OMB Circular A-133,it is management's responsibility to follow up and take conective action on reported�audit findings and to prepare a summary schedule of prior audit findings and a corrective action plan.The summary schedule of prior audit findings should be available for our review on May l,2013. You are responsible for preparation of the schedule of expenditures of federal awards in conformity with OMB Circular A-133.You agree to include our report on the schedule of expenditures of federal awards in any document that contains and indicates that we have reported on the schedule of expenditures of federal awards. You also agree to make the audited financial statements readily available to intended users of the schedule of expenditures of federal awards no later than the date the schedule of expenditures of federal awards is issued with our report thereon.Your responsibilities include acknowledging to us in the written representation letter that(1) you are responsible for presentation of the schedule of expenditures of federal awards in accordance with OMB Circular A-133;(2)that you believe the schedule of expenditures of federal awards, including its form and content,is fairly presented in accordance with OMB Circular A-133;(3)that the methods of ineasurement or presentation have not changed from those used in the prior period(or, if they have changed,the reasons for such changes); and(4)you have disclosed to us any significant assumptions or interpretations underlying the measurement or presentation of the supplementary information. You are also responsible for the preparation of the other supplementary information,which we have been engaged to report on,in conformity with U.S.generally accepted accounting principles.You agree to include our report on the supplementary information in any document that contains and indicates that we have reported on the supplementary information.You also agree to include the audited financial statements with any presentation of 15 the supplementary information that includes our report thereon. Your responsibilities include acknowledging to us in the written representation letter that(1)you are responsible for presentation of the supplementary information in accordance with GAAP; (2)that you believe the supplementary information, including its form and content, is fairly presented in accordance with GAAP;(3)that the methods of ineasurement or presentation have not changed from those used in the prior period(or,if they have changed,the reasons for such changes};and(4}you have disclosed to us any significant assumptions or interpretations underlying the measurement or presentation of the supplementary information. Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations.Management is also responsible for identifying for us previous financial audits,attestation engagements,performance audits,or other studies related to the objectives discussed in the Audit Objectives section of this letter.This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits,attestation engagements,performance audits,or studies. You are also responsible for providing management's views on our current findings,conclusions,and recommendations,as well as your planned corrective actions, for the report, and for the timing and format for providing that information. Audit Procedures—General An audit includes examining,on a test basis,evidence supporting the amounts and disclosures in the financial statements;therefore,our audit will involve judgment about the number of transactions to be examined and the areas to be tested.An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement,whether from(1) errors,(2)fraudulent financial reporting,(3)misappropriation of assets,or(4)violations of laws or governmental regulations that are attributable to the entity or to acts by management or employees acting on behalf of the entity. Because the determination of abuse is subjective,Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse. Because of the inherent limitations of an audit, combined with the inherent limitations of internal control,and because we will not perform a detailed examination of all transactions,there is a risk that material misstatements or noncompliance may exist and not be detected by us,even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and GovernmentAuditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements or major programs. However,we will inform the appropriate level of management of any material errors or any fraudulent financial reporting or misappropriation of assets that come to our attention. We will also inform the appropriate level of management of any violations of laws or governmental regulations that come to our attention,unless clearly inconsequential,and of any material abuse that comes to our attention. We will include such matters in the reports required for a Single Audit. Our responsibility as auditors is limited to the period covered by our audit and does not extend to any later periods for which we are not engaged as auditors. Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources,creditors,and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry.At the conclusion of our audit,we will require certain written representations from you about the financial statements and related matters. 4 \� Audit Procedures—Internal Controls Our audit will include obtaining an understanding of the entity and its environment,including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature,timing, and extent of further audit procedures.Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests,if performed,will be less in scope than would be necessary to render an opinion on internal control and,accordingly,no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards. As required by OMB Circular A-133,we will perform tests of controls over compliance to evaluate the effectiveness of the design and operation of controls that we consider relevant to preventing or detecting material noncompliance with compliance requirements applicable to each major federal award program.However,our tests will be less in scope than would be necessary to render an opinion on those controls and,accordingly,no opinion will be expressed in our report on internal control issued pursuant to OMB Circular A-133. An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses.However,during the audit,we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards, Government Auditing Standards,and OMB Circular A-133. Audit Procedures—Compliance As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of Pitkin County's compliance with provisions of applicable laws,regulations,contracts, and agreements,including grant agreements.However,the objective of those procedures will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards. OMB Circular A-133 requires that we also plan and perform the audit to obtain reasonable assurance about whether the auditee has complied with applicable laws and regulations and the provisions of contracts and grant agreements applicable to major programs.Our procedures will consist of tests of transactions and other applicable procedures described in the OMB Circular A-133 Compliance Supplement for the types of compliance requirements that could have a direct and material effect on each of Pitkin County's major programs.The purpose of these procedures will be to express an opinion on Pitkin County's compliance with requirements applicable to each of its major programs in our report on compliance issued pursuant to OMB Circular A-133. Engagement Administration,Fees,and Other We may from time to time,and depending on the circumstances,use third-party service providers in serving your account. We may share confidential information about you with these service providers,but remain committed to maintaining the confidentiality and security of your information.Accordingly,we maintain internal policies, procedures,and safeguards to protect the confidentiality of your personal information. In addition,we will secure confidentiality agreements with all service providers to maintain the confidentiality of your information and we will take reasonable precautions to determine that they have appropriate procedures in place to prevent the unauthorized release of your confidential information to others. In the event that we are unable to secure an appropriate confidentiality agreement,you will be asked to provide your consent prior to the sharing of your confidential information with the third-party service provider.Furthermare,we will remain responsible for the work provided by any such third-party service providers. We understand that your employees will prepare all cash,accounts receivable, or other confirmations we request and will locate any documents selected by us for testing.We understand that your staff will also prepare the CAFR. �� At the conclusion of the engagement,we will complete the appropriate sections of the Data Collection Form that summarizes our audit findings.It is management's responsibility to submit the reporting package(including financial statements,schedule of expenditures of federal awards,summary schedule of prior audit findings, auditors' reports,and corrective action plan)along with the Data Collection Form to the federal audit clearinghouse. We will coordinate with you the electronic submission and certification. If applicable,we will provide copies of our report for you to include with the reporting package you will submit to pass-through entities. The Data Collection Form and the reporting package must be submitted within the earlier of 30 days a8er receipt of the auditors' reports or nine months after the end of the audit period,unless a longer period is agreed to in advance by the cognizant or oversight agency for audits. The audit documentation for this engagement is the property of Eide Bailly LLP and constitutes confidential information.However,pursuant to authority given by law or regulation,we may be requested to make certain audit documentation available to cognizant or oversight federal agency providing direct or indirect funding,or the U.S. Government Accountability Office for purposes of a quality review of the audit,to resolve audit findings,or to carry out oversight responsibilities. We will notify you of any such request. If requested,access to such audit documentation will be provided under the supervision of Eide Bailly LLP personnel. Furthermore,upon request, we may provide copies of selected audit documentation to the aforementioned parties.These parties may intend, or decide,to distribute the copies or information contained therein to others, including other governmental agencies. The audit documentation for this engagement will be retained for a minimum of five years after the report release or for any additional period requested by the Oversight Agency for Audit. If we are aware that a federal awarding agency,pass-through entity,or auditee is contesting an audit finding, we will contact the party(ies)contesting the audit finding for guidance prior to destroying the audit documentation. We expect to begin our audit on approximately May 20,2013 and to issue our reports no later than June 30,2013. David A.DeZutter is the engagement partner and is responsible for supervising the engagement and signing the reports or authorizing another individual to sign them. Our fee for these services will be at our standard hourly rates plus out-of-pocket costs(such as report reproduction, word processing,postage,travel,copies,telephone,etc). We expect our fees for the 2013 engagement to be approximately$71,500,broken dow�n\�s follows: December 31,20L1'fi�n�a�al stat ment audit $45,000 A-133 Federal Compliance Auditing,including compliance with ARRA funding(estimating 1 program at$8,500 per program) $ 8,500 PFC audit $ 8,500 Follow up on prior year Yellow Book issues No additional charge Follow up on prior year A-133 findings No additional charge Out of pocket costs At Actual—not to exceed $9,500 GASB 34 Financial Statement Preparation Pitkin County Staff or Consultant Consultation,ifrequested $175-250/Hour 6 �� Our standard hourly rates vary according to the degree of responsibility involved and the experience level of the personnel assigned to your audit. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation.In accordance with our firm policies,work may be suspended if your account becomes 90 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment,our engagement will be deemed to have been completed upon written notification of termination,even if we have not completed our report(s).You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination.The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit.If significant additional time is necessary,we will discuss it with you and arrive at a new fee estimate before we incur the additional costs. Government Auditing Standards require that we provide you with a copy of our most recent external peer review report and any letter of comment,and any subsequent peer review reports and letters of comment received during the period of the contract.Our 2011 peer review report accompanies this letter. DisQute Resolution The following procedures shall be used to resolve any disagreement,controversy or claim that may arise out of any aspect of our services or relationship with you,including this engagement,for any reason("Dispute"). Specifically,we agree to first mediate. Mediation All Disputes between us shall first be submitted to non-binding mediation by written notice("Mediation Notice") to the other party. In mediation,we will work with you to resolve any differences voluntarily with the aid of an impartial mediator. The mediator will be selected by mutual agreement,but if we cannot agree on a mediator,one shall be designated by the American Arbitration Association("AAA",l. The mediation will be conducted as specified by the mediator and agreed upon by the parties. The parties agree to discuss their differences in good faith and to attempt,with the assistance of the mediator,to reach an amicable resolution of the Dispute. Each party will bear its own costs in the mediation. The fees and expenses of the mediator will be shared equally by the parties. Either party may commence suit on a Dispute after the mediator declares an impasse. Choice of Venue We both agree to submit any unresolved Dispute to trial by a federal or state court venued in Pitkin County, Colorado. No Punitive DamaQes The exclusive remedy available to you in any adjudication proceeding shall be the right to pursue claims for actual damages that are directly caused by acts or omissions that are breaches by us of our duties under this agreement and/or under applicable accounting standards. In no event shall we be liable to you for any punitive or exemplary damages,or for attorneys' fees. Time Limitation The nature of our services makes it difficult,with the passage of time,to gather and present evidence that fully and fairly establishes the facts underlying any Dispute. We both agree that,notwithstanding any statute of limitations that might otherwise apply to a Dispute, it is reasonable that you may not bring any legal proceeding �� .. �M.�...�.w�...�.,�,.,,e..twa��w.�.__.��.� . . ._. _...,_�..,,. _ against us unless it is commenced within twenty-four(24)months("Limitation Period")after the date when we deliver our report under this agreement to you,regardless of whether we do other services for you or that may relate to this engagement. The Limitations Period applies and begins to run even if you have not suffered any damage or loss,or have not become aware of the existence or possible existence of a Dispute. Indemnitv You agree to indemnify Eide Bailly LLP,its partners, affiliates,officers and employees(collectively"Eide Bailly"),against any losses,including settlement payments,judgments,damage awards,punitive or exemplary damages,and the costs of litigation(including attorneys' fees)associated with a claim brought by a third-party and that arises out of or is in any way related to the services provided under this engagement,provided that the services performed hereunder were performed in accordance with professional standards,in all material respects and provided that no claim is due to negligence, intentional act or misconduct on the part of Eide Bailly LLP, its partners,affiliates,officers or employees. Assi nments Prohibited You agree that you will not and may not assign,sell,barter or transfex any legal rights,causes of actions,claims or Disputes you may have against Eide Bailly,its partners,affiliates,officers and employees,to any other person or party,or to any trustee,receiver or other third party. We appreciate the oppc�rtunity to be of service to Pitkin County and believe this letter accurately summarizes the significant terms of our engagement.If you have any questions,please let us know. If you agree with the terms of our engagement as described in this letter,please sign the enclosed copy and return it to us. EIDE BAILLY LLP �� � � David A.DeZutter,Partner ACCEPTED BY: Pitkin County � ��(,'�"�� — (��,�.--� i�'ti.�'y,dy,/-' Date 8 �O . > • i System Review Report To the Partners of Eide Bailly LLP � and the National Peer Review Camrnittee We have rcviewed thc system of qualiry control for the accounting and auditing praCtice of Eide Bailly LLP (t�he firm) appticabie to non-SEC issuers in effect for the year ended July 31, 201 t. Our peer review was COriC�UCC�{� in �CCUTCI1riCC wEth the Standards far Performing and Repnrting on Peer Reviews establisk��d by th�Peer Review Bc�ard of the�American lnstitute of Certified F'e�blic Accountants. The firr� is responsible far designing a system of quality control and complying with it to provide tbe firm with reasanable assurance of perfarming and repartin� in confarmity with applicablc professionat standards in all matcrial respccts. Our responsibility is ta express an opinion on the design of the system af quality eontrol and th� firrn's compliance therewith based on aur review. The nature, objectives, seope, limitations af, and the procedures p�rforrned in a System Review are des�ribed in the standards ai www.aicpa.argiprsumrnary. As requircd by the standards, engagements selected for r�view included en�agemenis performed under the Governm�nt A��diting Standarda, audits of emplayee benefit plans, and audits performed under FDICIA. In our opinion, the system of quality cantral for the accounting and audiring practice af Eide Eia911y LLP applicabte to non-SEC issuers in effect for the ycar ended luly 31, 201 I, has been sustabEy designed and complicd with to provide the firm with reasonable assurance of g�rfarming anc! reparting in conformity with �pplicable �rnfessional standards in al! materia! respecis. Firms can receive a rating of pass, �ass wilh defrcrc�nr.��(ic�s)or fail. Eide Bai11y LLP has received a p�cr r�view rating of pass. �,���11P� t���I��'� "� R'�� � �...�—� Cherry, Bekaert&No�land, L.L.P, Navember 2l, 2011 9 �,