Badawi & Associates CPA - Cost ProposalCity of
La Quinta
SEALED DOLLAR COST BID
For Professional Auditing Services
for City of La Quinta
For the fiscal years ending June 30, 2017 to 2021
March 1, 2017
Contact Person:
Ahmed Badawi, CPA
Badawi & Associates
Certified Public Accountants
180 Grand Avenue, Suite 1500
Oakland, CA 94612
Phone: (510) 768-8244
Fax: (510) 768-8249
E-mail: abadawi@b-acpa.com
tm BADAWI&ASSOCIATES
Sealed Dollar Cost BidCity of La Quinta
Cost Proposal and Certification for Professional Services
Schedule of Professional Fees by Report
Fiscal Years Ending 2017 to 2021
2020-20212018-19 2019-2020AIMnclusive Maximum Prince by Report 2016-17 2017-18
City Audit (including Mousing Successor,
Successor Agency and Gann Limit)
Single Audit & Related Reports
State Controller's Report
40,37536,990 38,050 39,18535,915
5,900 6,0805,400 5,560 5,730
6,2005,670 5,840 6,0205,500
$ 51,105 $$$ 48,220 $49,620 52,655Total for RscalYear 46,815
Schedule of Professional Fees and Expenses for the Audit of the FY2017
standard
Hourly
Rate
Quoted
Hourly
RateFor All Audits/Reports TotalHours
200 $140 $ 7,420Partner
Manager
Senior
53 $
100 $ 10,600106150
85 $ 13,515159125
75 $ 14,400Staff192100
IT Specialist
Admin
100 $4004150
60 $8 48075
Total Hours 522 46,815
Out of Pocket Expenses,
including printing of reports $
$ 46,815Total Maximum Cost
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City of La Quinta Sealed Dollar Cost Bid
Schedule of Professional Fees and Expenses for the Audit of the FY2018
standard
Hourly
Rate
Quoted
Hourly
RateFor All Audits/Reports Hours Total
47 $200 $Partner
Manager
Senior
165 $ 7,755
94 150 115 $ 10,810
141 125 95 $ 13,395
Staff 180 100 85 $ 15,300
IT Specialist
Admin
4 150 120 $480
8 75 60 $480
Total Hours 474 48,220
Out of Pocket Expenses,
including printing of reports $
$ 48,220Total Maximum Cost
Schedule of Professional Fees and Expenses for the Audit of the FY2019
standard
Hourly
Rate
Quoted
Hourly
RateHours TotalFor All Audits/Reports
200 $45 $180 $ 8,100Partner
Manager
Senior
125 $ 11,25090150
100 $ 13,500135125
90 $ 15,750100175Staff
125 $150 500IT Specialist
Admin
4
65 $8 75 520
457 49,620Total Hours
Out of Pocket Expenses,
including printing of reports $
$ 49,620Total Maximum Cost
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CLU^ i -.U PUb-KT ACCC'■A% ^
Sealed Dollar Cost BidCity of La Quinta
Schedule of Professional Fees and Expenses for the Audit of the FY2020
Standard
Hourly
Rate
Quoted
Hourly
Rate TotalHoursFor All Audits/Reports
180 $ 8,10045 $200 $Partner
Manager
Senior
125 $ 11,25015090
105 $ 14,175135125
95 $ 16,625Staff175100
125 $IT Specialist
Admin
150 5004
65 $455775
51,105Total Hours 456
Out of Pocket Expenses,
including printing of reports $
$ 51,105Total Maximum Cost
Schedule of Professional Fees and Expenses for the Audit of the FY2021
standard
Hourly
Rate
Quoted
Hourly
RateFor All Audits/Reports Hours Total
44 $200 $185 $ 8,140Partner
Manager
Senior
135 $ 12,15090150
110 $ 14,850135125
Staff 175 100 95 $ 16,625
IT Specialist
Admin
125 $4 150 500
65 $6 39075
Total Hours 454 52,655
Out of Pocket Expenses,
including printing of reports $
Total Maximum Cost $ 52,655
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City of La Quinta Sealed Dollar Cost Bid
The undersigned declares that he or she has carefully examined the Request for Proposal document and is
thoroughly familiar with its contents and has satisfied himself or herself as to the nature and expectation of
the work to be performed: is authorized to represent the proposing firm; and hereby agrees to perform the
specified work for the cost quoted above in full.
Firm Name:Badawi & Associates
180 Grand Avenue, Suite 1500Firm Address:
Oakland, CA 94612
Ahmed BadawiContact Name:
Contact Title:President
Contact Phone:(510) 768-8244
abadawi@b-acpa.comContact E-mail:
Signature of Authorized Representative:
Signature:
Ahmed BadawiPrint Name:
Title:President
March 1.2017Date:
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BADAWI & ASSOCIATES
l>PUl3_'CACCOU^'A^ '•CLW *
Sealed Dollar Cost BidCity of La Quinta
Rates for Additional Professional Services:
Any services outside the scope of our engagement will be promptly identified before the services are
rendered. Upon mutual agreement, the out-of-scope services will be separately billed at our standard
hourly rates. While it can be difficult to simply state hourly rates, as often times the needs of the
client and the specific tasks directly impact the billing rates for our services, we want to provide the
following information regarding our published billing rates:
Position Hourly Rate
$Partner
EQR
Manager
Senior
Staff
200
200
150
125
100
IT 150
Admin.75
Our Standard Hourly Rates are adjusted annually by 3% for Cost of Living and Inflation
Adjustments
A client relationship with the City will be of great value to our Firm and we welcome the opportunity
to develop a long-term relationship with the City. We are committed to:
• Rendering the highest standard of service.
• Developing a long-term working relationship dedicated to meeting the needs of the City.
• Assisting the City in operational issues.
• Producing a quality end-product.
We have the technical qualifications and experience to provide the level of service desired and
expected by the City and stand ready to provide our knowledge and experience for the benefit of your
organization.
We would like to express our appreciation to the City and to its Staff for allowing us the opportunity to
submit a proposal to perform professional auditing services. We are available, at your convenience,
to discuss any aspects of our proposal.
Thank you for allowing us to present our Firm to you.
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BADAWl&ASSOCIATES
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