Westminster firm hired to perform city audits Contract expected to save up to $27,000

June 12, 1998|By Brenda J. Buote | Brenda J. Buote,SUN STAFF

The Westminster Common Council has hired a local firm to conduct the city audit for three to six years -- a move that could save taxpayers about $27,000.

Rager, Lehman & Houck, a Westminster accounting firm, was awarded a $36,100, three-year contract. The agreement includes an option to extend the contract each year for three additional years.

If the option is exercised, the city will pay the firm $12,800 to perform the audit the fourth year; $13,200 the fifth year; and $13,700 the sixth year -- making $75,800 the amount paid to the firm over six years.

Four other firms, none of them local, competed for the contract. Rager, Lehman & Houck was the lowest bidder, city records show.

The other bidders were Lindsey & Salita of Columbia; Peacock, Condron, Anderson & Co. of Columbia; Wooden & Benson of Baltimore; and Stegman & Co. of Towson.

Stegman & Co. performed the city audit for more than 40 years. If Westminster officials had continued to use their services, rather than requesting proposals, taxpayers would have spent nearly $103,000 for auditing over the next six years, city officials said.

Pub Date: 6/12/98

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.