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

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requisitions. The Internal Auditor will base its invoices upon the extent of work it has completed on an hourly basis within each task of services, in accordance with Article 14 of this Agreement, less any disputed amounts, pending resolution thereof. If payment is not received within thirty (3 0) days of receipt of a correct invoice, the Internal Auditor may suspend or terminate the Services upon thirty (30) days notice if not paid within such notice period. The City will comply with the rules and regulations of the Texas Prompt Payment Act, Chapter 2251, et. seq., Texas Government Code, as amended. 4.2 PAYMENTS FOR ADDITIONAL SERVICES The City will pay the Internal Auditor for Additional Services as those are defined in Section 1.4, monthly upon presentation of the Internal Auditor's statement of services rendered or expenses incurred, less any disputed amounts, pending resolution thereof and an Authorization of Change in Services form executed by the Internal Auditor and the City. If payment is not received within thirty (30) days of receipt of a correct invoice, the Internal Auditor may suspend or terminate the Services upon thirty (30) days' notice if not paid within such cure period. The City will comply with the rules and regulations of the Texas Prompt Payment Act, Chapter 2251, et. seq., Texas Government Code, as amended. 4.3 TAXES The Internal Auditor will not include Federal taxes or State of Texas limited sales excise and use taxes in its invoices or vouchers and statement of costs. The City is exempt from payment of such taxes and the Internal Auditor may retrieve a resale certificate for use on this Project from the State of Texas Comptroller's website. ARTICLE 5 INTERNAL AUDITOR'S RECORDS 5.1 The Internal Auditor will keep all of its expense records in a standard accounting format consistently applied and these records will be available to the City at mutually convenient times. 5.2 The City, its Internal Auditor, federal auditors, and state agencies that have monitoring or auditing responsibilities for this Agreement will have access upon reasonable advance written notice, during normal business hours, to any billing and payment books, documents, papers and records of the Internal Auditor which are directly pertinent to fees and expenses incurred by the Internal Auditor under this Agreement for the purpose of making audit, examination, excerpts, copying and transcriptions. 5.3 The Internal Auditor will furnish to the City upon reasonable advance written notice, during normal business hours and in such form as the City may require, records, reports, data and information, pertaining to the matters covered by this Agreement. Information provided pursuant to this subsection will be held in strict confidence to the extent permitted by applicable law. Deloitte & Touche, LLP Agreement for Internal Auditor Services 2017 8