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