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RFP 2019-11: Professional Auditing Services Questions 1-7 Submitted to Mel Maier, Otsego County Finance Director Submitted by Marie Stiegel, CPA, Associate at Plante Moran on Monday, December 16, 2019 at 7:47 a.m. Question 1: What is the reasoning for the issuance of the RFP (standard contract cycle completed, other)? Otsego County’s Response to Question 1: Standard contract cycle is completed Question 2: Is the incumbent auditor expected to bid? Otsego County’s Response to Question 2: Yes Question 3: What do you look for/value in an audit firm? Otsego County’s Response to Question 3: Open, timely communication, updates/information sharing on relevant standards, and suggestions for internal control and/or financial processing improvements Question 4: How many auditors are typically on site for fieldwork during your audit? Otsego County’s Response to Question 4: 4-5 Question 5: How long are the auditors typically at your offices for fieldwork? Otsego County’s Response to Question 5: 2-2.5 weeks Question 6: The RFP indicates that a single audit may be required. When was the last time the County required a single audit and are there any significant new grants that are expected to impact 2019 or 2020? Otsego County’s Response to Question 6: The last year the County had a single audit was 2014. There are no new significant grants for 2019 or 2020. ---PAGE BREAK--- Question 7: What were the 2018 audit fees? Otsego County’s Response to Question 7: $36,500