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HomeMy WebLinkAboutR-81-0533j'tI Ya, k' � a i� 7 e'k f 3 r a P d All �" 058 4RN-ff"(0" � "`'' RESOLUTION N0 u, t r ;YgM 7'HE CITY MANAGER „th,5 A RESOLUTION AUTHORIZING �' 4k� ` o ENTER INTO AN AGREEMENT WITH THf: FIRM OP i�CAT, MARWICK, MITCIIELL & COMPANY TO UPDATE 4� � THE C.ITYS INDIRECT COST ALLOCATION PLAN � ksa PREVIOUSLY PREPARED BY THAT' FIRM WITH THE `` COST NOT TO EXCE17D $ 1 0, 000 LJI'L'II FUNDS .0, THEREFOR ALLOCATED FROM THE ()Pf;RATING BUDGET OF THE FINANCE DEPARTMENT, WHEREAS, the City of Miami has an Indirect. Cost h Plan that was previously prepared by the fitm of Feat, z Maraicic, Mitchell & Company, and was based on Fiscal Year 1978 '"financiol information, and WHEREAS, it will be to the Citys advantage to update the Platt with fiscal, year 1.980 information so that indirect costs charged to grants reflect more current costs, NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MI:AMI, FLORIDA: Section 1. The City Manager is hereby authorized to =:"enter into an agreement with the firm of Peat, Marwick, Mitchell. "& Company to update the original Indirect Cost Allocation Plan prepared in 1978 by said firm for the City of Miami. Section 2. The amount of $10,000 for said updating is Hereby;allocated from the operating budget of the Finance Department PASSEDAND ADOPTEDthis 25 day of DUNE , 1981'. MAURICE A. FERRE M A Y 0 R ' J RALPH G. ONGIE CITY CLERK ps,.�q�% AND APPROVED ROVED BY: I REPAItEU � ROBER7 F. CI.ARh ASSISTANT CITY ATTORNEY 0 ,PR( AS TO! FORM AND COVRECTNFSS,` CITY COMMISSION MEETING OF G; 0 , E F,-- h N U-X,_ aft ,.��---`Y A �' T O I� �] � �' JUN2 5 1981 RESOLUTION NO....... REMARKS:... ........................ a INi1;6.f*NrF'IC1= t�.1 Mf's a r. r~�JM -o Hdt4dtd V. Gary cnr Sune ll. 198 c�Le City Managet s118:Ee: Agenda item _ �Roti+ Carlos Ca tcia .tE�{ti 1. �l C=Ea• Acting Director of Pin 1C r:Hc�.�sunf:s s 1'tis recommended that the enclosed Resolution engaging the firm of Peat, Marwick, Mitchell & Company to update the City's indirect cost allocation plan, at a cost not to exceed $10,000, 4.be adopted. fihe City adopted an indirect cost allocation during fiscal year 1980 based On costs for fiscal year 1.978. That plan is used to charge costs to grants teceived by the City from other governments, as well as general fund overhead to other city funds who receive those services. During fiscal year 1980, the City was able to recover more than $300,000 from the Federal government for this concept. It will be to the City's advantage to have this plan updated with fiscal year 1980 financial information which will provide more accurate and probably larger charges to other governmental units. The cost of $10,000 quoted by Peat, 'Manaick, 'Mitchell & Co., is lower than the lowest quote obtained from other reputable firms which was $13,500. The low fee. quoted by P.?M..M.& Co., was probably due to the fact that they had already per- formed this type of work for the city. cc: Ceor.ge F. Knox, Jr. City Attorney i .a, .�...*,� ., •4�., _�. s.�.f� ,.Y.;,.�._1?,a.n"'x_ .--..s.. si2�iirP,q�'<.�z ..; tarr,. ac?' - 3 Y y¢¢ t 2