Res 2017-062/approving an agreement with Deloitte & Touche, LLP for the provision of internal auditing services

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PROFESSIONAL CONSULTING SERVICES AGREEMENT CONTRACT NUMBER: 217-153 This Agreement is effective the 4th day of April, 2017, between the City of San Marcos, Texas, (the "City"), 630 East Hopkins, San Marcos, Texas 78666 and Deloitte & Touche LLP (the "Internal Auditor"), West 15th St. Suite 1700,1 Austin, TX 78701, for the Internal Auditor's provision of Internal Auditing Services (the "Services" or the "Project"). The City and the Auditor agree as follows: ARTICLE 1 AUDITOR'S SERVICES AND RESPONSIBILITIES 1.0 STANDARDS OF PERFORMANCE 1.0.1 The Internal Auditor is responsible for the delivery of internal auditing services with respect to CDBG-DR funding received by the City. These services include a blend of internal audit, CDBG grants management, and external oversight capabilities centered on maintaining grant compliance and helping mitigate risks of potential fraud, waste, and abuse. This, in turn, allows the City to meet its federal compliance requirements. 1.0.2 The Internal Auditor understands that the City has received funding for this Project from the United States Department of Housing and Urban Development ("HUD") through the Community Development Block Grant — Disaster Recovery Program ("CDBG-DR"). The City is responsible for meeting all requirements included in the Federal Register Notice ("the Notice") published by the U. S. Department of Housing and Urban Development ("HUD"). The Internal Auditor will perform all of its services so that the Project will proceed in accordance with the detailed provisions of the Notice. 1.0.3 The Internal Auditor's Basic Services consist of the services described in Sections 1.0 through 1.3. The Services will be performed in accordance with the Statement on Standards for Consulting Services issued by the American Institute of Certified Public Accountants (the "AICPA"). However, the performance of the Services will not constitute an engagement to provide audit, compilation, review, or attest services as described in the pronouncements on professional standards issued by the AICPA or the U.S. Public Company Accounting Oversight Board and, therefore, Internal Auditor will not express an opinion or any other form of assurance with respect to any matters (including, without limitation, compliance with U.S. GAAP, IFRS and SEC rules and regulations). It is understood and agreed that the Services may include advice and recommendations, but all decisions in connection with the implementation of such advice and recommendations will be the responsibility of, and made by, the City. In connection with the performance of the Services, the Internal Auditor will be entitled to rely on all decisions and approvals of the City. Deloitte & Touche, LLP Agreement for Internal Auditor Services 2017 1