Chavan & Associates LLP - Cost ProposalI
DOLLAR COST BID PROPOSAL FOR THE
ANNUAL INDEPENDENT AUDIT
OF THE
CITY OF LA QUINTA
Submitted March 1,2017
I
Chavan & Associates, LLP
Certified Public Accountants
1475 Saratoga Ave., Suite 180
San Jose, CA 95129
Phone: (408) 217-8749
Fax: (408) 872-4159
E-maii: sheldon@cnallp.com
Contact: Sheldon Chavan, Partner
Dollar Cost Bid
Proposalfor Auditing Services
March 1, 2017Date:
Firm:Chavan & Associates, LLP
1475 Saratoga Ave, Suite 180
San Jose, CA 95129
Phone: (408)217-8749
Sheldon Chavan, PartnerContact Person;
Price per Year:
Audit Services Hours 2017 2018 2019 2020 2021
City Audit/CAFR/Related Reports
Single Audit - Federal Assistance
GANN
SCO Annual Financial Transaction Reports
Management Letters
Consulting
Presentation and Updates
Meals, Lodging and Transportation
Printing/Copying
362 $ 35,700 $ 35,700 S 35.700 S 35.700 $ 35.700
5.00050 5,000 5,000 5,000 5,000
8 800 800 800 800 800
24 3,500
Included included Included
Included Included Included
Included Included Included
Included Included Included
Included Included included
3,500 3,500 3,500
Included
Included
Included
Included
Included
3,500
Included
Included
Included
Included
Included
N/A
40
N/A
N/A
N/A
Totai Al-lrKlus)ve Maximum Pria 484 $ 45,000 $ 4S,I $ 45,000 $ 45,000 $ 45,00032
Certification:I, the undersigned, certify I am duly authorized to represent the above named firm and
i am empowered to submit this bid. In addition, I certify I am authorized to contract
with the City of La Quinta on behalf of the above named firm.
Partner March 1, 2017
Signature Title Date
Chavan & Associates, LLP Page 1
Dollar Cost Bid
Proposalfor Auditing Services
Schedule of Professional Fees
Our professional fees are based on actual time devoted to an engagement, at hourly rates related to the
experience levels of the individuals performing the work. The following is our standard fee schedule for our
audit personnel:
FbcalYear Endinc June 30,
Quoted
Hourty
7019 ■w>n 2021Mdurt 2017 2nt
$ 200 104 $ 20,800 $ 20,800 $ 20300 $ 20,800 $ 20300
1,600
11,760
9320
9300
1,600
11,760
9.S20
9,900
1,600
11,760
9,S20
9,900
1,600
11,760
9,520
9,900
200 8 1,600
11,760
9,520
9,900
105 112
85 112
75 132
Enga gement Partner
Associate Partner
Manager
Senior Auditor
Professional Staff
Administrative Staff 5601656056056056035
54,140
(9,140)
Subtotal • Base Audit
Professional Discount
Meals, Lodging and Transportation
Print! ng/Copyif^
54,140
(9,140)
Included
Included
54,140
(9.140)
Included
Included
54,140
(9,140)
Included Included
Included Included
484 54.140
(9,140)
Included
Included
N/A
N/A
N/A
4S4 $ 4S300 $ 45,000 S 454>00 $ 45,000 $ 45JBO0Total All Industve Hiaifiii Prke
The rate quoted should not be presented as a general percentage of the standard hourly rate or as a gross
deduction from the total all-inclusive maximum price.
Manner of Payment
The City will be invoiced for our services as work progresses on the basis of hours of work completed, but not
more often than once per month.
Rates for Additional Professional Services
In the event that extraordinary circumstances require additional services beyond the agreed upon scope,
C&A will provide, in writing and in advance, the reasons for the additional services along with our estimated
costs and a statement that no work will be performed prior to City approval. Rates for additional services
would be the same as those identified under the quoted hourly rates above.
Chavan & Associates, LLP Page 2