Newport Beach
City Council
Agenda Item 9
9. Award of Contracts to Eide Bailly LLP and The Pun Group LLP for Internal\nAudit Services\na) Determine this action is exempt from the California Environmental Quality Act\n(CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines\nbecause this action will not result in a physical change to the environment, directly or\nindirectly;\nb) Authorize the Mayor and City Clerk to sign a five-year professional services\nagreement for on-call internal audit services for an amount not-to-exceed $750,000\nwith The Pun Group LLP; and\nc) Authorize the Mayor and City Clerk to sign a five-year professional services\nagreement for on-call internal audit services for an amount not-to-exceed $750,000\nwith Eide Bailly LLP, who employs two former employees that have separated from\nthe City within the past five years. City Council approval is requested pursuant to City\nCouncil Policy F-14 even though the former employees will not serve on the internal\naudit engagement.\nStaff Report\nAttachment A - Eide Bailly LLP Agreement\nAttachment B - The Pun Group LLP Agreement\nJuly 9, 2024