STRATEGIC PRIORITY: Government Performance & Financial Management
AGENDA DATE: June 26, 2024
COUNCIL DISTRICT(S): All
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Donzell Gipson
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SUBJECT
Title
Authorize a two-year service price agreement for consulting services for financial compliance of the Coronavirus State and Local Fiscal Recovery Fund Program for Budget and Management Services - Horne LLP, most advantageous proposer of fourteen - Estimated amount of $1,563,550.00 - Financing: ARPA Redevelopment Fund (subject to annual appropriations)
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BACKGROUND
This action does not encumber funds; the purpose of a service price agreement is to establish firm pricing for services, for a specific term, which are ordered on an as needed basis according to annual budgetary appropriations. The estimated amount is intended as guidance rather than a cap on spending under the agreement, so that actual need combined with the amount budgeted will determine the amount spent under this agreement.
This service price agreement will provide for consulting services for financial compliance of the Coronavirus State and Local Fiscal Recovery Fund Program for Budget and Management Services. Consultant services will be responsible for supporting City staff with American Rescue Plan Act (ARPA) and Local Fiscal Recovery Funds (SLFRF) rules and regulations with divisions on staying informed of any current or pending requirements which may impact the administration of the ARPA/SLFRF programs. The selected firm will also be responsible for sampling expenditures to test for compliance.
The U.S. Department of Treasury issued certain compliance and reporting guidance that ARPA recipients may use funds for administering the SLFRF also referred to as ARPA. Funds may include cost of consultants to support effective management and oversight, including consultation for ensuring compliance with legal, regulatory, and...
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