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C6D-Report- Finance And Citywide Projects Committee Meeting On June 5 2012(9 MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMITTEE MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commission FROMo Interim City Manager Kathie G. Brooks/~~ I DATE: July 18, 2012 SUBJECT: REPORT OF THE FINANCE AND CITYWIDE PROJECTS COMMITTEE MEETING OF JUNE 5, 2012. NEW BUSINESS 1. A resolution waiving, by 5/7ths vote, the competitive bidding requirement, finding such waiver to be in the best interest of the City, and authorizing the City Manager to negotiate and execute a Professional Services Agreement, in an amount not to exceed $150,000, with a qualified firm for services related to auditing the processes of certain regulatory departments or divisions ACTION The Committee ranked the two candidates as follows: 1. Crowe Horwath, 2. TCBA Watson Rice and in the event that the City cannot come to terms with Crowe Horwath with regard to scope, the Committee then recommended moving forward with the second ranked firmTCBA Watson Rice. The two candidates made presentations. The Committee discussed the two candidates and ranked them as follows: 1. Crowe Horwath, 2. TCBA Watson Rice. The Committee also recommended that in the event that the City cannot come to terms with Crowe Horwath with regard to scope, the Committee recommended moving forward with TCBA Watson Rice. 155 Agenda ltem_c_~_D __ Date 7--lf-1 l THIS PAGE INTENTIONALLY LEFT BLANK 156