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HomeMy WebLinkAboutPR 17892: CONTRACT WITH GRAY & ASSOCIATES - 1 City of Port Arthur Memorandum To: Floyd T. Johnson, City Manager From: Deborah Echols, Director of Finance OW ' Date: August 22, 2013 Re: PR 17892 Recommendation I recommend that the City Council adopt Proposed Resolution 17892 which authorizes a contract for the services of Gray & Associates, Certified Public Accountant, as the Implementation Experts for CaseWare CAFR writing software. Background The City is purchasing CAFR writing software to increase efficiency and decrease costs of CAFR preparation. Budgetary Effect Funding is provided for in account # 001 -1031- 515.54 -00 Z: \Finance \Resolutions\ Gray & Associates, CPA's.doc P.R. 17892 dhe 8/22/13 RESOLUTION NO. A RESOLUTION AUTHORIZING A CONTRACT FOR THE SERVICES OF GRAY & ASSOCIATES, CERTIFIED PUBLIC ACCOUNTANT, AS CASEWARE GASB FINANCIAL IMPLEMENTERS IN AN AMOUNT NOT TO EXCEED $25,615. ACCOUNT #001 - 1031 - 515.54 -00 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: THAT the City Manager of the City of Port Arthur is hereby authorized and directed to execute on behalf of the City of Port Arthur a contract between the City of Port Arthur and Gray & Associates, Certified Public Accountant, to implement the Caseware GASB Financial Software of the City of Port Arthur for the fiscal year ending September 30, 2013, as described in Exhibit "A "; and THAT a copy of said contract is attached hereto, in the form of an engagement letter and implementation timeline, and made a part hereof as Exhibit "A "; and, THAT a copy of the caption of this resolution be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this day of September, 2013, A.D., at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Council members: NOES: Deloris Prince, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: Val Tizeno, ' it At ey APPROVED FOR ADMINISTRATION: Floyd T. Johnson, City Manager diked/ 2/... OA /..C2 Shawna Tubbs, Purchasing Manager APPROVED AS TO AVAILABILITY OF FUNDS: Deborah Echols, Director of Finance Exhibit A t ` '' Gra 7 � ° , � `s ^� � � 1 ° �� : � A `` (g ad (4 111 - `�`'' C@'1 • Phone: 805- 650 -9733 `�. AN ACCOUNTANCY CORPORATION Fox: 805-258-7029 4572 Telephone Road Suite 912 Ventura, CA 93003 gar- graycpasalive.com Gray and Associates, CPAs Engagement Agreement This engagement agreement ( "Agreement ") is to confirm our understanding of the terms and objectives of our engagement and the nature and limitations of the services we will provide. This Agreement is made and entered this by and between Gray and Associates, CPAs, ( "Gray ") and City of Port Arthur, TX ( "Client "). 1. Consulting Services. During the term of this Agreement and subject to the limitations set forth herein, Gray shall devote such time and effort to the affairs of Client as Gray and Client mutually deem reasonably necessary to implement the Case Ware Software more fully set forth on Exhibit A ( "Consulting Services ") in a prompt, competent and diligent manner. 2. Additional Duties of Gray. Specific tasks to be performed by Gray not set forth in this Agreement, if any, ( "Additional Duties ") shall be assigned in writing by Client to Gray. Such writings shall be considered amendments to this. The performance of any Additional Duties will be according to the terms and conditions of this Agreement and any amendments thereto, and the rights and obligations of both parties will be governed thereby. In the event of any conflict between the terms of this Agreement and the terms of any amendment, the terms of this Agreement will govern. 3. Responsibilities of Client. Client shall be responsible for the provision in suitable form and in a timely manner of the items set forth in Exhibit A and as may otherwise be requested by Gray. Failure by Client to provide requested items in a timely manner may result in delays in program launch and additional expenses_ 4. Term. This Agreement shall commence on September 15, 2013 and shall continue in full force and effect, unless terminated earlier pursuant to Section 9 of this Agreement, through the production of the 2013 CAFR with the Case Ware Software. 5. Consulting Fee. In consideration of the duties to be performed by Gray pursuant to this Agreement, Client agrees to pay Gray as follows: The Total amount of the fixed fee contract is $25,615. See Exhibit B for details of services. Total amount for Training of $4,200 for two days of onsite training. Plus travel costs as explained in section 6 below. 6. Expenses. In addition to the fees described in Section 5 above, within thirty (30) days after receipt of Gray's invoice, Client shall reimburse Gray for all reasonable and necessary business expenses, including travel, incurred by Gray in the course of performing the Consulting Services for Client. Gray shall keep accurate records and receipts of such expenditures and shall submit such accounts and proof thereof as may be reasonably necessary to establish to the satisfaction of Client that the expenses incurred by Gray were ordinary and necessary business expenses incurred by Gray on behalf of Client. 7. Status of Gray. Gray shall retain complete control over its agents, employees and servants who shall be the exclusive agents, employees and servants of Gray and not of Client. Nothing herein shall be CASEWARE_ AUTHORIZED INSTRUCTOR construed to create any partnership or joint venture, nor shall Gray be considered a partner, agent or employee of Client, and Gray shall have no authority to bind Client in any manner whatsoever, it being intended that Gray shall be and remain an independent contractor, and not otherwise, and that Gray shall be responsible for all actions of itself, its agents and employees. 8. Independent Contractor. Client and Gray acknowledge and agree that in performing the consulting services hereunder, Gray is acting as an independent contractor of Client. Nothing contained herein or otherwise shall be construed in such manner as to create the relationship of principal and agent between Gray and Client or the relationship of employer and employee between Client, Gray and /or any of Client's employees. No party will have the authority to enter into agreements of any kind on behalf of the other or otherwise bind or obligate the other in any manner to any third party. 9. Termination. Either party may terminate this Agreement upon thirty (30) days written notice to the other party for any reason. If either party terminates the Agreement, Client shall have an obligation to pay Gray for all services provided up to the date of termination. 10. Representations and Warranties. By signing this Agreement each party warrants and represents that it has the right and power to enter into this Agreement and it owns all of the rights it granted to the other party herein. Each party acknowledges that no inducements, representations or warranties, except as specifically set forth on the face hereof, have been made by the other party and that no representative, agent or employee of each party is authorized to make any representations or warranties with reference to this Agreement other than as set forth on the face hereof. 11. Notices. All notices, demands or other communications given hereunder shall be in writing and shall be sufficiently given if delivered by courier or sent by registered or certified mail, first class, postage prepaid, or by telex, cable, telegram, facsimile machine or similar written means of communication, addressed as follows: a. If to Gray, to: Gray and Associates, CPA's 4572 Telephone Rd Suite 912 Ventura, CA 93003 b. If to Client to: Tammy Jacobs City Hall 444 4 Street Port Arthur, TX 77641 or such other address with respect to any party hereto as such party may from time to time notify (as provided above) to the other party hereto. Any such notice, demand or communication shall be deemed to have been given (i) if so mailed, as of the close of the third (3` business day following the date mailed, and (ii) if personally delivered or otherwise sent as provided above, on the date received. 12. Resolutions of Claims and Disputes. Regardless of the place of execution, this Agreement shall be deemed to be an agreement made in Ventura, California ( "Venue ") and shall be interpreted as an agreement to be performed wholly in the Venue. The laws of the Venue shall be applied without • Page 2 regard to the principles of conflicts of laws. Any claims or disputes arising out of this Agreement shall be resolved only by arbitration in the Venue and in accordance with the Rules of Procedure for Commercial Arbitration of the American Arbitration Association, and any award therefrom shall be rendered by the arbitrators as a judgment in any trial court having competent jurisdiction. In the event a suit or action is filed to enforce any provision of this Agreement, the prevailing party shall be reimbursed by the other for all costs and expenses in connection with the suit or action, including reasonable attorney's fees. 13. Interpretation. If any portion of this Agreement shall be held to be illegal, invalid, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein. Additionally, in lieu of each such illegal, invalid or unenforceable provision, there shall be added automatically as part of this Agreement a provision as similar to such former provision as shall be legal, valid, and enforceable. 14. Entire Agreement. This Agreement contains the entire understanding and agreement between the parties hereto and supersedes all prior verbal and written representations, agreements, understandings or proposals between the parties regarding the subject matter contained herein. No additions, changes or modifications shall be binding unless reduced to writing and signed by a representative of Gray and the Client. IN WITNESS WHEREOF, the parties have entered into this Agreement as of the date first written above. Gray and Associates, CPA's By: Date: ,lS - 461J Gail Gray t1 [Client] By: Date: Name: Title: • Page 3 NI 6ra • _ -i._._ .. c am-- -- �-�= ��: c AN ACCOUNTANCY CORPORATION Phone: 805-650-9733 Fax: 4572 Telephone Road Suite 912 Ventura, CA 93003 gall- graycpaselive.com I CITY OF PORT ARTHUR TX CASEWARE GASB IMPLEMENTATION TIMELINE 1 EXECUTIVE SUMMARY 1.1 QUALIFICATIONS AND EXPERTISE Gray & Associates CPA's, an Accountancy Corporation ( "Gray CPA's ") is the governmental GASB and CAFR solutions expert for CaseWare International Inc. and its governmental solution ( "CaseWare "), the market leader in financial reporting solutions. Gray CPA's has 12 years of experience implementing the CaseWare solution for governmental entities. Gail Gray, who heads Gray CPA's, has 20 years' experience as a CPA and Governmental Auditor, including more than 12 years working with CaseWare as a trainer and consultant. Gail is a member of the California society of CPA's and the Governmental Finance Officers Association. Gail brings a thorough understanding of governmental reporting requirements to every CaseWare GASB implementation. Gray CPA's is a woman owned small business has as staff of 11 members 5 of which are dedicated primarily to servicing CaseWare clients. The CaseWare software solution proposed by Gray CPA's, developed by CaseWare International Inc. is an Off - The -Shelf program tailored specifically to the requirements of the City of Port Arthur "Port Arthur". CaseWare is the choice of more professional accountants worldwide to produce client financial statements than any other product during the last 25 years. CaseWare is used by Governments, and Fortune 500 companies around the world. CaseWare will provide support to Gray CPA's for this Proposal as required and to Port Arthur through ongoing technical support from its development, technical and consulting staff. The CaseWare GASB Product proposed by Gray CPA's produces GAAP compliant financial statements, produces and publishes all components of the CAFR completely within CaseWare to a hardcopy of PDF. Some other features of CaseWare include: • Import data from most current accounting systems. • Creation of trial balance. • Financial statement based document management. • Page 1 • Ability to test adjustments without impacting internal systems. adjustments p 9 Y • Adjustments by type (Le. government wide, reclassifying, etc.). • Creation of "integrated" financial statements and notes. • Financial statement data is linked back to the trial balance. • Annual budgeting can be incorporated, with document support. • Automates CAFR preparation There are many aspects to the GASB Product, but core to City of Port are the facts that the GASB Product is an integrated product that automates the entire CAFR publication process, ensures consistency within financial statements and budgets, organizes supporting documentation and provides a higher degree of reliability than manual creation. 1.2 SCOPE AND APPROACH To ensure a successful implementation, Gray CPA's will assist the Port Arthur in evaluating the best approach to import the chart of accounts into CaseWare. This process varies from automatic mapping to a custom group structure or to utilizing the predefined groups within CaseWare. Once the trial balances are imported and the Port Arthur fund structure is duplicated, the trial balance will be mapped to custom groupings developed from the City's own chart of accounts within CaseWare. This will allow the trial balance to be grouped in as many as 10 different ways depending on the needs of the specific report. For example grouping focusing on the GASB 34 reporting, the Notes to the financial statements, MD &A, and Statistical sections will each be developed using groupings within CaseWare. Port Arthur's key employees will then receive initial remote training and work to proof out the prior year's base financial information in CaseWare. Gray CPA's will take this information and build appropriate indexes, rounding relations, tables, notes, and other material to complete the prior year's financial statements within CaseWare. Once prior year data has been duplicated into CaseWare, Port Arthur's employees will be trained on the CaseWare solution, and Port Arthur's prior year data will be rolled forward. Port Arthur will import current data and make any current year changes under the direct supervision of Gray CPA's. • I 2 PROJECT MANAGEMENT: • Page 2 The Project Manager for this Proposal will be Gail Gray. Gail will work with Port Arthur employees to identify the input and output needs specific to Port Arthur and tailor the software appropriately. Working with Gray CPA's Port Arthur shall: Must be Completed by • Post all of the prior year adjusting journal entries. • Review prior year trial balance for accuracy — Trial balance should balance with the CAFR. • Identify current accounting structure and flow of your chart of accounts within the CAFR MD &A, Notes & Statistical Section. • Main accounts and their sub accounts. • Fund structure or fund hierarchy. • Chart of Accounts group assignment. • Fund level reports group assignment. • Government Wide reports group assignment. Gray CPA's Project Manager will work with Port Arthur to determine if you will use predefined groups within CaseWare or a custom structure group and establish the groups. Mapping /coding of trial balance, statements and schedules to predefined groups within CaseWare or the custom structure group, this will allow for import of group assignments into CaseWare and determine if information will be created as input cells- which allows editing, or links from spreadsheets that contain data that cannot be established from database. Statements and schedules required by GASB 34, including but not limited to: • Statement of Activities • Statement of Net Assets • Balance Sheets • Statement of Revenues • Cash Flows • Reconciliations • Page 3 • MD &A • Statistical Reports • Original Budget • Final version of amended budget. • Supplemental Information. Gray CPA's will instruct and guide Port Arthur staff in establishing the working paper structure and determine what documents are needed to produce the required reports, such as: • Retirement plan schedules of funding progress — pension calculations. • Statements for non -major Governmental, non -major Enterprise, and Fiduciary funds. • Special Revenue, Debt Service, Capital Projects, Permanent, Internal Service, and Fiduciary funds. • Purchases of Investments. • Fixed assets and depreciation schedules. • Fixed assets and sales of fixed assets. • Building Tables — based on group codes, standard account grouping and information provided by Port Arthur. • Create each of the required reports for the CAFR. • Create many of the rounding relationships for the balance sheets and train staff to establish others. • Prepare: o Table of Contents that it updates automatically each year based on the actual pages required that year. o Introductory Section & Auditors Report inserted from PDF. o Pagination and insert your "pages left blank ". o Headers, footers and formatting issues so you have a published ready document when our implementation is complete. • Page 4 o Build footnotes based on most recent report issued- link to any available data or spreadsheet. o Notes to the Financial Statements linked to any available data. • Build in the roll forwards to allow input of numbers to automatically transfer to the prior year columns when the file is relocated to the next year. • Provide assistance and guidance with rolling the file forward ready for next year. • Provide assistance and guidance with constructing the necessary changes for next year. • File Setup: o Gray CPA's will provide the initial file setup and Trial Balance import. o Provide remote software training enabling Port Arthur staff to import the remainder of the files and assistance and guidance with grouping the Chart of Accounts. o Provide initial training to Port Arthur's staff to assist them with grouping to produce the working papers they determine are required. o Work in partnership with Port Arthur staff to build a custom knowledge library database that will hold footnotes. This process will assure that your staff has the proper training and the knowledge necessary to maintain the database. Onsite Training- after initial reports have been drafted Once the template and the import of prior year financials are loaded into CaseWare and the file is ready to roll forward to the next year Gray CPA's will train up to 12 employees in the use and maintenance of the necessary components of CaseWare. Gray CPA's will continue to provide ongoing tech support through the completion of publication of the following year CAFR. This will insure a complete implementation and full training for your staff. Once the CAFR is published then tech support transfers to the CaseWare tech support team where you will you will continue to receive unlimited support included with your software license. 2.1 TIME FRAME 2.1.1 CAFR • Page 5 The CAFR document can take up to 4 months depending on the availability of your staff and the size of your dataset. You will need to budget a minimum of 160 -200 hours of your staff time for initial data loading and setup. Additional time will be required for training and publication of your CAFR document. Because we will be pushing to complete the 2012 CAFR by Nov 14 and to be complete with your data base ready to roll for your 2013 numbers this project will require your staff to commit to a full schedule the first two weeks of the project. 2.1.2 CASEWARE GOVERNMENTAL IMPLEMENTATION PROCESS & TIMELINE Weeks 1 — 2 -Done by City Staff with Gail Grav to guide Completed by Sept 27th Utilizing the County's staff to obtain an understanding of organizations accounting structure and assist with defining groupings to produce required reports. This includes setting up custom groups in CaseWare, and utilizing the existing accounting structure as much as possible to allow for import of group assignments of up to 10 available Groups. Allow County staff additional time to complete the required grouping. • Export Trial Balances • Export Prior Year Balances • Export Encumbrance Amounts • Export Budget Amounts • Group Codes • Mapping • Journal Entries • Coding • Test the import process and automatic grouping. Weeks 3- Completed by Oct 7 -City Staff • Provide Code for Fund Reports • Provide Code for Budget Reports • Provide Code for Government Wide Reports • Provide Code for MD &A • Provide Code for Statistics Weeks 3 -8 Completed by Nov 15 -Grav & Assoc Staff to build -City Staff to review • Build /Review Fund Reports • Build /Review Budget Reports • Build /Review Government Wide Reports • Build /Review MD &A • Build /Review Notes • Build Cover Page • Build Intro Section • Build Rounding Relations • Page 6 • Build Section Dividers • Build Table of Contents • Port Arthur Final Review of Full CAFR Document. Gray CPAs will build the footnotes based on the Last Report issued, and work with County staff to link to any available data or spreadsheets. This will include building in the Roll forwards, to allow input numbers to automatically move to the prior year columns when the file is moved to next year. Gray CPAs will prepare the Table of Contents, so that it updates automatically each year based on the actual pages required that year. Gray CPAs will work with the pagination and insert "pages left blank ". It is our intent to handle all the headers, footers and formatting issues, so you have a published ready document when our implementation is complete Week — 9 -16 2012 File ready to roll with database by Oct 14th Draft 2013 by Dec 16 -Done by City Staff After the 2012 CAFR has been duplicated Gray CPAs will work with County staff to: • Roll the file forward ready for 2013. City to Import 2013 numbers and post AJE's • Train your staff to make the necessary changes for the next year. • Work with your staff for tech support, through the completion of the 2013 CAFR. We anticipate this process to take approximately 16 weeks to complete. We would like to begin the project by September 15, 2013 with a completion date of January 15, 2014 3 PRICING METHODOLOGY Gray & Associates CPA's presents three different pricing proposals dependent on the level of involvement of Port Arthur: The City has selected option 1 Option 1 - Gray & Associates CPA's performs the majority of the data entry, including assigning group codes, linking data including Table of Contents, MD &A, Notes to Financial Statements. The City agrees to utilize standard styles and fonts. The price for Option 1 is $25,612 Training and travel are billed separately. Training is $2,100 per day for two days and up to 12 participants for a total of $4,200. If you have more than 12 staff you wish to have trained, we suggest two, two day classes. Actual travel and lodging expenses are billed as an additional expense. • Page 7 Gray & Associates, CPAs An Accountancy Corporation 4572 Telephone Road, Suite 912 Certified Public Accountant Ventura, California 93003 CASEWARE (8051650.9733 a rn- rrxar>Fn INS1141 u-Tna CASEWARE GASB FINANCIALS IMPLEMENTATION City of Port Arthur Texas `City CAFR Report - Financial Cityment Sections File Setup Grouping of Chart of Accounts - City prepares with Gray assistance utilizing GovWide standard group Table of Contents -Auto updated and linked Introductory Section & Auditors Report - City to provide JPEG for insertion by Gray Government Wide Reports - City to group and post adjustments Fund Financial Cityment customization - Cash flow and reconciliation documents linked by City Required Supplementary Information and Combing statements Notes to Financial Cityments - Linked and integrated by Gray MD &A - Linked and integrated Statistical Section - Completely Built out with all Data Entry done by our office Discount to utlize Standard Styles and formating is $1500 Option 1 includes - Gray & Associates Customizing reports utilizing standard styles and formating Total for City CAFR Option 1 25,6154 City will complete Data entry in Statistical and Note sections City will complete Group codes assignment in Combining and Individual fund statements Cash Flow and Reconciliation Documents will be linked City Staff Total for City CAFR Option 2 23,975 CAFR utilizing standard formatting for example: Fonts, Indents & underlines All above Section 2 completed by client Client to perform cell linkage in MD &A & Notes after training City to Complete Row group codes for the financial and Statistical sections after training Total for City CAFR Option 3 20,935) 2 Day of On -Site Consulting at $2100 per day up to 12 people (not Including Travel) additional training available upon request 4,2001 After review of your financial statements and gathering an understanding of your needs we are providing you with the above three options for implementing your CaseWare solution. To ensure continued familiarity with your data for your staff Gray & Associates will provide remote training and utilize your staff to complete the account groupings utilizing standard groupings for the Government Wide reports and MD &A. Short training sessions will be provided utilizing gotomeeting.com prior to the commencement of each segment of the initial data setup and preparation for upload. • County staff will then provide Gray & Associates with the group codes for the Fund reports, notes and Statistical sections to allow for the build out of the reports based on your guidance. If you choose option 3 State staff will complete this step of implementation with guidance provided by Gray & Associates. The initial file setup and Trial Balance import will be performed by Gray & Associates. Once the specific procedures your staff will use for the import process are determined Gray & Associates will train your staff and assist them with the import of the remaining data files. Gray & Associates will then assist and train your staff with the production of the work papers your staff determines are necessary including your Word and Excel files, lead sheets, and Trial Balances by grouping. In conjunction with your staff Gray & Associates will build your custom knowledge library database that will become the repository for your footnotes. Gray & Associates will then provide onsite training for your staff will to ensure that your staff has the knowledge necessary to maintain the CaseWare solution going forward. Gray & Associates will draft the first set of reports based on the option selected above. Gray & Associates will then train your staff to enable them to make ongoing changes to the basic reports. Once training is completed your staff should have the ability to import your yearend trial balances, post any adjustments that might be required, and produce your reports with only minor modifications to update it to the current year information. This training will take place on -site after the initial reports are drafted. Once the template is complete ready to roll forward to the next year Gray & Associates will walk your staff through the complete process. This will provide very specific training, dealing only with the required areas of the program. This proposal includes two days of on -site training, however, it does not include travel expenses. Travel expenses will be paid based on actual expenses incurred at time of training. Gray & Associates will build the reports based on your September 30, 2012 audited numbers and then roll the file forward to be ready for 2013. This proposal assumes that no major problems exist in your accounting files. If significant issues arise, requiring work beyond the scope of this proposal, written approval will be obtained prior to the commencement of work. Please contact me about timing if you are looking to implement for the 2013 year. WORK OUTSIDE THE SCOPE OF THIS ENGAGEMENT WILL BE BILLED AT $175/HR AND WILL BE AGREED UPON IN ADVANCE Sincerely, Gail OPA Certified CaseWare Instructor 1- Aug -13 * Technical support limited to documents and calculations that we were engaged to create while untitled to produce your next CAFR report. An agreement going forward is available upon request 1 --