Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Issue A Blanket Purchase Agreement To Stantec Consulting Services, Inc. To Provide Professional Financial Rate And Management Service Related To Utility Rates And Large Users Agreement In The Amount Of $372,503.00 Based Upon The City Of Palm Bay RFP Number 48-0-2017/SB 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 2019. On September 18, 2019, the City Commission approved a five (5) year sewer rate pursuant to Resolution No. R-2019-276 and the water rate pursuant to Resolution No R-2019-277. The Department desires to have an updated financial review of the existing water and sewer rates. In addition, the Department is also required to perform the annual Large User Utility Rate, True-up and other Financial Services in accordance with the Large User Agreement 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 $372,503.00. Stantec currently has an agreement for Professional Consultant Services Agreement Financial Rate & Management Consultant Services with the City of Palm Bay that the City wishes to piggyback on.
On May 2, 2017, the City of Palm Bay issued RFP #48-0-2017/SB - Financial Rate and Management Consultant Services. On July 17, 2017, the City of Palm Bay signed Agreement No. 48-0-2017 with Stantec for a period of twelve (12) months. The agreement provides for, by mutual written assent of the parties, extension for four (4) additional twelve (12) month periods or portions thereof, up to a cumulative total of sixty (60) months. The current extension is valid throug...
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