El Monte

City Council

June 10, 2026 Order of Business 12 #7

Agenda Item 7

12.7 Consideration and Approval of a Second Amendment to the Professional Services\nAgreement with Vasquez & Company, LLP for Independent Auditing Services.\nRECOMMENDATION OF BUSINESS ITEM UNDER CONSIDERATION:\nIt is recommended that the City Council:\n1. Approve the Second Amendment (23F06066.2A) to the Professional Services\nAgreement with Vasquez & Company, LLP to increase the not-to-exceed amount for the\nInitial Term by $127,000 for a new Aggregate not-to-exceed amount of $843,734 plus a\n15% Contingency in an amount not-to-exceed $126,560.10 for a total amount of\n$970,294.10;\n2. Approve an increase in the General Fund Budget Appropriations in the amount of\n$127,000 for Fiscal Year 2025-2026;\n3. Authorize the City Manager to make all conforming modifications and edits and execute\nall implementing documents pertaining to the Second Amendment to the Agreement with\nVasquez & Company; and\n4. Authorize the City Manager to approve the Agreement Contingency funding utilization\nunder the associated Purchase Order through the City’s internal Change Order process.\nTotal Cost: $253,560.01 Account No: 100-31-311-1-0-61170-0000\nIs the cost of this item budgeted? No