File #: 20-0307    Version: 1 Name:
Type: Information Item Status: Agenda Ready
File created: 3/3/2020 In control: Board Audit Committee
On agenda: 7/15/2020 Final action:
Title: Receive an Update on the Status of the District Counsel Audit.
Attachments: 1. Attachment 1: District Counsel Audit Progress Report

COMMITTEE AGENDA MEMORANDUM

 

Board Audit Committee

SUBJECT:
title

Receive an Update on the Status of the District Counsel Audit.

End

RECOMMENDATION:

Recommendation

Receive an update on the status of the on-going District Counsel Audit.

 

Body

SUMMARY:

On February 26, 2019, the Board approved the recommendation by the Board Audit Committee (Committee) for TAP International, Inc. (TAP) to conduct three performance audits recommended by the Board Audit Committee. The three audits include performance audits of the District Counsel’s office, Construction Contract Change Order management processes, and Real Estate services.

 

An amendment to the Board independent auditing services agreement was initiated to increase the not-to-exceed amount from $405,000 to $1,005,000 to complete all three proposed audits and approximately three additional future audits.  On June 7, 2019, the amendment was completed, therefore, TAP initiated the performance audits of the District Counsel’s office and Real Estate services.

 

Following initiation of the audits, the Committee shall discuss the status of on-going audits until the audits are completed.

 

 

ATTACHMENTS:

Attachment 1:  District Counsel Audit Progress Report

 

UNCLASSIFIED MANAGER:

Manager

Darin Taylor, 408-630-3068




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