Council approves five-year audit contract recommendation for Grama and Associates pending legal review

Town Manager Joe summarized the Audit Selection Committee’s work and the procurement process that began in February. The committee — chaired by Councilmember John Maples and including two finance professionals from neighboring municipalities — released an RFP in June, opened proposals in July and ranked four firms on Aug. 4.

The highest‑ranked firm was Grama and Associates, proposed for a five‑year engagement at $144,000. The town manager recommended awarding the contract to Grama and Associates and asked the council to authorize the account manager to execute the contract contingent on a legal sufficiency review by the town attorney. A council member made the motion to approve the recommendation; the motion passed unanimously.

Discussion: the selection committee’s evaluation and methodology were described as thorough and well‑vetted, with members praising the committee’s work. Decision: council approved award to Grama and Associates subject to town attorney review and contract execution by staff.