The contract is for auditing services to be provided by McDirmit Davis & Company, LLC to the City of Clermont, Florida. The services include annual auditing of the City of Clermont Community Redevelopment Agency's basic financial statements. The contract has a term of 8 years, with an initial term length of 5 years, and has been renewed multiple times. The contract value is estimated to be $220,000. The vendor is responsible for conducting the audit in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards. The City of Clermont is responsible for preparing and presenting the basic financial statements in accordance with accounting principles generally accepted in the United States of America. Key points of the contract include:
* The scope of services includes annual auditing of the City of Clermont Community Redevelopment Agency's basic financial statements
* The contract has a term of 8 years, with an initial term length of 5 years
* The contract value is estimated to be $220,000
* The vendor is responsible for conducting the audit in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards
* The City of Clermont is responsible for preparing and presenting the basic financial statements in accordance with accounting principles generally accepted in the United States of America