1. Conflict of Interest Summary for Audit Selection Committee Members

Audit Selection Committee · 2026-04-28 · agenda_item

This agenda item concerns the City of Palatka's Audit Selection Committee. The committee is reviewing guidelines for evaluating audit proposals to ensure a fair and transparent selection process. This includes understanding common types of conflicts of interest, such as financial interests, personal relationships, professional ties, gifts, job opportunities, and bias. Committee members are instructed to disclose potential conflicts and recuse themselves if necessary. The process is currently under review as the committee prepares to evaluate audit proposals. This review will involve discussions on scoring and documentation procedures. While no specific construction project is detailed, this process sets the stage for future audit service procurements. Local businesses, particularly those in professional services, should monitor these developments to understand the city's procurement standards for audits.