STRATEGIC PRIORITY: Government Performance & Financial Management
AGENDA DATE: September 28, 2022
COUNCIL DISTRICT(S): 1, 3, 5
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Jack Ireland
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SUBJECT
Title
Authorize a two-year service contract for financial counseling services at three financial empowerment centers for the Office of Community Care - Women In Need of Generous Support dba WiNGS, most advantageous proposer of five - Not to exceed $2,988,075 - Financing: General Fund (subject to annual appropriations)
Body
BACKGROUND
This action does not encumber funds; the purpose of a service contract is to establish firm pricing for services, for a specific term, which are ordered on an as needed basis.
This service contract will provide for financial counseling services at three financial empowerment center locations for the Office of Community Care. The service contract provides opportunities to integrate professional one-on-one financial coaching/counseling as a free public service into existing service delivery models. These services strategically align financial counseling as a core City function embedded within additional resources like utility assistance, food assistance, and workforce development programs, which will enable City residents to access a variety of services and resources. Services and resources include asset building activities to facilitate sustained financial stability for very low-to-moderate income clients and leveraging collaborative partnerships unique to the City.
The financial empowerment centers will be located in zip codes that have been identified as high poverty. Each financial empowerment center will provide financial counseling services available at no cost to all City residents above the age of 18.
A five-member committee from the following departments reviewed and evaluated the qualifications:
* Department of Housing and Neighborhood Revitaliza...
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