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Item 31 - Contract to Grant Thornton Public Sector LLC for American Rescue Plan Act
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Item 31 - Contract to Grant Thornton Public Sector LLC for American Rescue Plan Act
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Clerk of the Council
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31
Date
12/21/2021
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Grant Thornton Public Sector LLC City of Santa Ana | RFQ 21- 093 <br /> Revised Proposal <br />Use or disclosure of data contained on this sheet is subject to the restriction on the title page of this proposal or quotation. <br />30 <br />Our approach to regulatory compliance advisory combines data-driven financial analytics support with a <br />robust documentation management strategy. Grant Thornton’s compliance team leverages expertise in <br />uniform guidance and ARPA regulation to develop project-specific cost validation worksheets. <br />Consultants work directly with City staff to collect and archive supporting documentation in preparation for <br />single audit. Grant Thornton specialists will thoroughly analyze project documentation to determine cost <br />eligibility and compliance under federal <br />guidelines and advise the City on <br />potential non-compliance risk if identified. <br />Further, our staff will produce <br />workpapers, support packages, and <br />policy positions supporting eligibility <br />determinations in preparation for single <br />audit. <br />Grant Thornton specialists will also support the City in completing reporting requirements mandated <br />under ARPA and uniform guidance. Our staff is versed in Treasury reporting regulations and will work <br />directly with City officials to produce any required reporting, including Interim, Project and Expenditure, <br />and Recovery Plan Performance reports. Grant Thornton’s financial analysis and support packages play <br />an integral role in fulfilling reporting requirements, aiding City staff in confirming eligibility figures and <br />providing performance reporting. <br />Finally, our team will aid in responding to any potential audit findings arising from single audit inquiry. <br />Throughout the duration of project performance Grant Thornton will build comprehensive eligibility <br />documents informed by expert knowledge of audit proceedings and regulatory requirements. We will use <br />our evidentiary backlog to aid the City in demonstrating compliance and rationale behind eligibility <br />determinations. Our staff will aide in stakeholder management, policy development, and compliance <br />advisory in real time while navigating the audit process. <br />Our team has significant experience providing regulatory compliance advisory in preparation for audit to <br />public sector stakeholders. Our work with New Castle County in Delaware highlights our recent <br />experiences validating cost claims in dynamic and emerging regulatory environments. We helped the <br />County navigate federal funding streams provided under the CARES act using many of the strategies <br />described above, and helped the county manage major procurement programs involving numerous <br />stakeholders. Our work with the State of Florida and the State of Texas also demonstrates our strengths <br />in preparing cost validations for federal dollars under demanding timelines. We helped these major <br />entities track, manage, and validate millions in federal funding involving hundreds of stakeholders. <br />Grant Thornton is prepared to provide our compliance advisory services for the City of Santa Ana as you <br />manage ARPA funding across your departmental programs. We have the experience, strategy, and <br />expertise to aid the City as it navigates funding in this complex regulatory environment. Our team has <br />served many of the nation’s largest and most complex State and Local stakeholders, and we will provide <br />your City with the same quality of support throughout the duration of your funding streams. <br /> <br />2.4.6 Develop internal communication materials including but not limited to emails, <br />PowerPoint, and memorandums to facilitate awareness regarding both City and <br />Department of Treasury guidelines related to the use of ARPA (SLFRF) funds <br /> <br />As identified in the City’s revised scope of work, the Grant Thornton team will be available to meet with <br />City Finance and City Project Managers on timescales that make sense for each individual’s capacity and <br />capability and at least quarterly. The City’s finance staff and project managers will have instant access to <br />the latest developments in the SLFRF guidance and requirements as well as instant access to on-demand <br />technical assistance services through their assigned Team Grant Thornton point-of-contact and the Team <br />Grant Thornton Project Manager. As a communications cadence is established, our team will work <br />diligently to maximize the time spent with the City’s finance staff and project managers with prepared <br />agendas to extract data and information necessary for reporting and compliance documentation, address <br />and research issues as they arise, and communicate the latest developments with the SLFRF. <br />In New Castle County, Grant Thornton works with both the <br />County’s CFO and Internal Auditor respond to questions that <br />arise from their outside single audit firm on the County’s <br />spending of its $322 million in CRF monies. We have helped <br />respond to preliminary finding on the County’s FY 20 Single <br />Audit before it was finalized and published.
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