County Has New Auditor
GRAND RAPIDS — For the first time in a dozen years, BDO Seidman will not be auditing Kent County’s financial records for fiscal year 2008.
Rehmann Robson will.
“It looks like were going to save quite a bit of money,” said Commissioner Harold Mast of the change in CPA firms.
The bid from Rehmann Robson, at $710,000, was almost $240,000 less than BDO Seidman’s bid.
Based on the point system the county uses to evaluate bids, Rehmann Robson outscored BDO Seidman 91 to 78 to win the auditing agreement. Rehmann Robson was awarded 50 of its total points for having the lowest bid, while BDO Seidman collected 37 for its bid of $950,600.
County Deputy Director of Fiscal Services Stephen Duarte said the firm’s officials told him they will likely spend 20 percent more hours on the audits than the number submitted in the bid. Duarte added that Rehmann Robson hopes to recapture the extra hours spent this year in the contract’s coming years.