PROFESSIONAL_SERVICESPENDING

Sterling Board of Finance Special Meeting Agenda 2026-05-27

Sterling Considers Five-Year Audit Contract with King, King

$55,000 (FY 2026), $57,750 (FY 2027), $60,630 (FY 2028), $63,665 (FY 2029), $66,845 (FY 2030); Federal Single Audit if necessary: $5,500, $5,775, $6,060, $6,360, $6,680Oneco Fire Company/ Sterling Fire DistrictKING, KING & ASSOCIATES PCMay 27, 2026

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Description

The Sterling Board of Finance is scheduled to consider approving King, King & Associates, P.C. as the Town of Sterling’s independent auditor for fiscal years 2026 through 2030. The engagement would provide financial audits for the town and Board of Education, agreed-upon procedures, and state single audit services under a fixed-fee schedule with optional federal single audit work if required.

Contract Details

Contract Amount

$55,000 (FY 2026), $57,750 (FY 2027), $60,630 (FY 2028), $63,665 (FY 2029), $66,845 (FY 2030); Federal Single Audit if necessary: $5,500, $5,775, $6,060, $6,360, $6,680

Vendor

KING, KING & ASSOCIATES PC

Agency

Oneco Fire Company/ Sterling Fire District, CT

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 27, 2026

Contract Term

Fiscal years ending June 30, 2026 through June 30, 2030

Renewal Date

2030-06-30

Renewal Info

Proposal extends auditing services through June 30, 2030, adding two additional years beyond the initial April 30, 2026 proposal; any extra work or added audit time requires a mutually agreed addendum. Renewal beyond 2030 is not specified.