Saturday, August 23, 2014

City of WL seeks new External Auditor

In a highly unusual move - the City of Williams Lake's Director of Finance  (M. Stewart) will recommend to Williams Lake Council, meeting in Committee of the Whole on Tuesday, that they agree to terminate the 3 year contract with PMT Chartered Accountants signed back on August 1st, 2013 and ratified by Council at its' September 10th, 2013 meeting - read her report here

As a bit of background - Williams Lake Council directed their Staff at the June 25th, 2013 Committee of the Whole meeting to send out a RFP (Request for Proposals) for External Auditing Services.  Then at the September 10th, 2013 Regular Council Meeting, Williams Lake City Council agreed to the following Resolution:

That pursuant to the report of the Purchasing Agent dated August 29, 2013, Council award the City of Williams Lake's cost for External Audit Services to PMT Chartered Accountants for a three (3) year period, with an option to extend for two (2) additional years, at the bid price of $27,600 per year.

Read the report from the Purchasing Agent dated August 29th, 2013 here

I can honestly say that I can not personally recall when local government staff have recommended terminating a external auditor's contract just under one year after signing it.

~SF

1 comment:

Eddy Burke said...

This doesn't pass the smell test, which begs the question:
Has PMT lost patience with the Citys financial machinations?