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Res 2017-087/Audit Services Contract
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Res 2017-087/Audit Services Contract
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Last modified
4/8/2022 12:59:18 PM
Creation date
7/20/2017 2:28:34 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-87
Date
6/20/2017
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ARTICLE 5 <br />PAYMENTS TO THE AUDITOR <br />5.0 PAYMENTS ON ACCOUNT OF BASIC SERVICES <br />5.0.1 Payments for Basic Services will be made to the Auditor following receipt by the City of <br />Auditor's invoice and payment requisition. The amounts of these invoices will be based upon the <br />extent of work completed by the Auditor in accordance with Article 13 of this Agreement, less any <br />disputed amounts, pending resolution thereof. <br />5.0.2 The Auditor will furnish at its own expense all necessary administrative services, office <br />space, equipment, clerical personnel, telephone and other communication facilities, insurance <br />premiums, and executive and supervisory personnel for managing the work under this Agreement. <br />5.1 PAYMENTS ON ACCOUNT OF ADDITIONAL SERVICES <br />5.1.1 Payments on account of the Auditor's Additional Services as defined in Section 2.1 will be <br />made monthly upon presentation of the Auditor's statement of services rendered or expenses <br />incurred, less any disputed amounts, pending resolution thereof and an Authorization of Change <br />in Services form executed by the Auditor and the City. <br />5.2 TAXES <br />5.2.1 The Auditor will not include Federal taxes or State of Texas limited sales excise and use <br />taxes in its invoices or vouchers and statement of costs. The City is exempt from payment of such <br />taxes and the Contractor may retrieve a resale certificate for use on this Project from the State of <br />Texas Comptroller's website. <br />ARTICLE 6 <br />AUDITOR'S RECORDS <br />6.1 All expense records of the Auditor will be kept in accordance with generally accepted <br />accounting principles acceptable to the City. Such records will be available for inspection by the <br />City at all reasonable hours of the business day and during mutually convenient times. <br />6.2 The City, federal auditors, and state agencies that have monitoring or auditing <br />responsibilities for this Agreement will have access to any books, documents, papers and records <br />of the Auditor which are directly pertinent to this Agreement for the purpose of making audit, <br />examination, excerpts, copying and transcriptions. <br />6.3 The Auditor will furnish to the City at such time and in such form as the City may require, <br />financial statements including audited financial statements, records, reports, data and information, <br />as the City may request pertaining to the matter covered by this Agreement. <br />Anditijig Services Agreement 2017 <br />0 <br />
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