Seal Beach

City Council

March 10, 2025 Item #G

Agenda Item G

G. Approving a Professional Services Agreement with The Pun Group, LLC\nfor Annual Auditing Services - That the City Council adopt Resolution 7625:\n1. Approving the Professional Services Agreement with The Pun Group, LLC,\ndated March 10, 2025, to provide annual auditing services for three\nconsecutive years, beginning with the fiscal year (FY) ending June 30, 2025,\nin the amount of $52,140 for FY 2024-25, $54,747 for FY 2025-26, $57,485\nfor FY 2027-28, and the total contract not-to-exceed amount of $164,372 for\nthe three-year term; and with an option to renew for two additional one-year\nterms in the not-to-exceed amount of $60,359 for the first extension and\n$63,376 for the second extension; and, 2. Authorizing and directing the\nInterim City Manager to execute the Agreement; and, 3. Authorizing the\nInterim City Manager to approve additional work requests related to GASB\nservices, in the not-to-exceed amount of $5,000 per year of the original term\nand for each one-year extension.\nITEMS REMOVED FROM THE CONSENT CALENDAR\nPUBLIC HEARING – None\nUNFINISHED / CONTINUED BUSINESS – None\nNEW BUSINESS