HomeMy WebLinkAboutKPMG ADDENDUM TO COST ALLOCATION ENGAEMENT LETTER DATED SEPTEMBER 14, 2007
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KPMG LLP
Suite 2000
303 Peachtree Street, N E
Atlanta, GA 30308
Telephone 404 222 3000
Fax 404 222 3050
Internet www.us.kpmg.com
April 22, 2008
Ms. Kathy Williams
Finance Analyst
Augusta-Richmond County
530 Greene Street
Augusta, Georgia 30911
Dear Ms. Williams:
RE: Addendum to Cost Allocation Engagement Letter Dated September 14, 2007
Augusta-Richmond County staff has requested that in addition to providing the FY 06 Full
Cost and OMB Circular A-87 Cost Allocation Plans, that KPMG also provide FY 07 Full
Cost and OMB Circular A-87 Cost Allocation Plans. The County is currently contracted
with KPMG through the signed engagement letter dated September 14, 2007 to provide
the FY 06 Cost Allocation Plans. Signature and acceptance of this addendum letter will
provide a contractual agreement for KPMG to also provide the FY 07 Cost Allocation
Plans. This amendment is subject to the standard terms and conditions included as an
attachment in the original September 14, 2007 engagement letter.
The engagement team will be onsite performing the FY 06 fieldwork and the team will be
able to simultaneously perform the FY 07 analysis. This will result in a savings to the
County. KPMG will provide the FY 07 Full Cost and OMB A-87 Cost Allocation Plans
for an additional reduced fee of $23,500. This creates a total cost of $49,000 for both the
FY 06 and FY 07 Full Cost and A-87 Cost Allocation Plans. The FY 07 Cost Plans will
follow the same approach and methodology for completion as the FY 06 Cost Plans as
described in the original engagement letter. The FY 06 and FY 07 Cost Plans will be
created and produced simultaneously therefore the draft and final deliverables for both
fiscal years will be provided at the same time. The total engagement fee of $49,000 will
be billed according to the schedule detailed in the original engagement letter which is the
following: 50% of the fee thirty days after the initiation of fieldwork, 25% upon delivery
of the draft plans, and 25% upon delivery of the final plans.
KPMG LLP, a u.s. limited liability partnership. is the U.S.
member firm of KPMG International. a Swiss cooperative.
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We appreciate the opportunity to present this proposal to Augusta-Richmond County.
We look forward to discussing our proposal with you and especially to performing these
important services for the County. If you should have any questions, please contact me at
(407) 563-2227 or David Roberts at (404) 222-3625.
Very truly yours,
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David L. Dennis
Partner
KPMG LLP
ACCEPTED:
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Authorized Signature
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