City of Jacksonville (Fla.) Police & Fire Pension Fund picked Grau & Associates as its external auditor after incumbent Deloitte & Touche did not bid for the four-year contract, said Dick Cohee, deputy executive director of the $1.1 billion fund.
“We were very happy with (Deloitte),” Mr. Cohee said. “But the big (accounting firms) aren’t as interested in governmental work as they used to be. It appears the smaller firms are filling in the void.”
Deloitte spokeswoman Deborah Harrington said the company is not moving away from governmental work, saying the firm has a “large public sector practice.” She would not comment on the Jacksonville account.
