University of Vermont Board of Trustees Executive Committee Agenda Packet 2026-06-22
KPMG, LLP audit contract amended for additional services
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Description
The Executive Committee approved an amendment to the KPMG, LLP auditing contract, raising the total contract ceiling to $2.22 million for expanded audit scope through March 2027.
Contract Details
Contract Amount
Increase from $2,160,000 to $2,220,000 (aggregate total)
Vendor
KPMG LLP
Agency
University of VBOT|Executive Committee, VT
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 20, 2026
Contract Term
April 1, 2022 – March 31, 2027 (5 years)
Renewal Date
2027-03-31
Renewal Info
Amendment increases value but retains original term; extension possible only by separate action.
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