Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A Blanket Purchase Agreement With Stantec Consulting Services, Inc. To Provide Professional Financial Rate And Management Consultant Services Related To Utility Rates And Large User Agreements In The Amount Of $250,000.00 Based Upon The City Of Palm Bay Agreement Number 35-0-2022/SZ In Accordance With Section 38.41(C)(5) Of The City's Procurement Code. (Piggyback).
Strategic Plan Focus
Financial Management & Administration
Body
Staff Recommends: Approval of the attached Resolution
Explanation:
The City conducted its last rate study in FY 2022. On September 18, 2019, the City Commission approved a five (5) year sewer rate pursuant to Resolution R-2019-276 and water rate pursuant to Resolution R-2019-277. These resolutions require the Department of Public Utilities ("Department") to complete an annual update of the water and sewer rates and charges. The Department is also required to perform the annual Large User Utility Rate Study, True-up and other Financial Services in accordance with the Large User Agreements dated October 1, 1990.
In order to meet the aforementioned requirements, the Department requested a proposal from Stantec Consulting Services, Inc. ("Stantec") in the amount not to exceed $250,000.00. Stantec currently has an agreement for Professional Consultant Services Agreement Financial Rate and Management Consultant Services with the City of Palm Bay on which the City wishes to piggyback.
On April 4, 2022, the City of Palm Bay issued RFP #35-0-2022/SZ - Financial Rate and Management Consultant Services. On June 27, 2022, the City of Palm Bay signed Agreement No. 35-0-2022/SZ with Stantec for a period of 12 months. The agreement provides for, by mutual written assent of the parties, extension for up to four additional 12-month periods, up to a cumulative total of 60 months.
Section 38.41 ...
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