1. Evaluation Criteria

Audit Selection Committee · 2026-04-28 · agenda_item

The City of Palatka's Audit Selection Committee is reviewing proposals for audit services. This involves evaluating firms based on technical qualifications, professional experience with government and single audits, audit approach, proposed compensation, and if they are a certified minority or veteran-owned business. The committee is using a ranking matrix to score proposals, with technical qualifications, professional experience, and audit approach each weighted at 25 points. Mandatory elements for proposals include firm independence, proper licensing, adequate continuing professional education, no conflicts of interest, a recent peer review report, a record of quality work, and adherence to proposal instructions. This item is currently under review, representing an early stage in the selection process. The work will involve comprehensive auditing services. Local businesses that provide accounting, tax, and legal services may find opportunities related to this review.

technical qualifications

25 points

professional experience

25 points

audit approach & methodology

25 points

total compensation proposed

20 points

certified minority-owned or veteran-owned business

5 points

total

100 points